After the revelation of Operation Aurora, the term began to take on a different meaning. "In essence," IBM's X-Force report says, "APT became associated with any targeted, sophisticated or complex attack regardless of the attacker, motive, origin or method of operation."
"The trend here is the level of fines that the regulators are putting out there," says Tony Wicks, AML and fraud-detection expert. "$7 million does not sound that great, but for the size of an institution like Pacific National, it is substantial."
Known as the Citizen Patrol Unit, the group of some 30 civilian volunteers has been tasked with monitoring pay-at-the pump terminals throughout one community, looking for signs of tampered terminals or the installation of illegal skimming devices.
Bank of America branches in Greater Detroit were reportedly flooded this past weekend, after several BofA debit cardholders noticed fraudulent transactions on their accounts. A BofA spokesperson says "There was no breach at Bank of America."
At a time when some larger banking institutions are being fined for inadequate anti-money laundering measures, security manager Wendy Chapman says she's taking suspicious activity reporting seriously -- and the efforts are paying off.
Phishy HTML pages get past spam filters, and users of RSA's SecurID two-factor authentication products come up with new ways to monitor threats and take preventive steps in the aftermath of a hacker attack against RSA.
This kind of problem happens to everybody, says Marcus Ranum, CSO of Tenable Network Security, in response to the widely publicized breach at RSA. And maybe hes right. Perhaps this kind of problem does happen to everyone. But should it?
International Airline Employees Federal Credit Union of Briarwood, N.Y., reported earlier this month that suspicious transactions from toll booths in France have been hitting the institution's Visa cards.
RSA executives haven't been commenting publicly since the security solutions vendor revealed last week it had been victimized by a sophisticated cyberattack aimed at its SecurID two-factor authentication product. But weeks before the hack, I spoke with RSA Chief Technology Officer Bret Hartman about advanced...
Phishy HTML pages e-mailed as attachments get past spam filters because the messages themselves contain no overt URLs to scan and catch, says online security expert Neil Schwartzman. "It's almost unsophisticated, but it's clever."
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Emerging technologies, application vulnerabilities and regulatory compliance force organizations to bridge the development and security silos and find avenues for interdisciplinary cooperation to produce secure software.
Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
The announcement by RSA that it had been a victim of an advanced persistent threat shook the global information security industry. Stephen Northcutt of SANS Institute and David Navetta of the Information Law Group offer insight on what happened, what it means and how to respond.