Nearly two dozen privacy and civil liberties groups contend the Senate cyberthreat information sharing bill could provide a backdoor to allow the National Security Agency to spy on Americans.
The OCC says cyberthreats against the U.S. financial infrastructure are growing, and financial fraud should not necessarily be banking institutions' top concern. Learn more about the latest OCC report.
Could too much regulatory oversight hinder cyberthreat information sharing, rather than encourage it? That's an increasing concern for bankers, who argue regulators could bog down progress in cybersecurity.
Tim Pawlenty, CEO of the Financial Services Roundtable, says the only way to ensure adequate cyberthreat information sharing is through federal legislation that would furnish liability protection and other incentives.
Banking institutions must improve how they analyze cyber-threat intelligence. But without better tools, security leaders can't adequately anticipate new attacks, says Greg Garcia, the new executive director of the FSSCC.
We've been talking about shifting away from legacy mag-stripe technology and a move toward EMV chip cards for the last decade in the U.S. So is it too late, or is there still hope for EMV?
The Financial Stability Oversight Council says banking regulators need to ensure institutions are expanding their cyber-intelligence sharing and third-party oversight as attacks against the financial infrastructure mount.
Banking experts say the Retail Industry Leader Association's launch of a cyberthreat information sharing initiative is a good first step toward thwarting breaches, but it should build on the models used by other industries.
Security executives who attended ISMG's Fraud Summit Chicago said they see a growing need for sharing more cyber-intelligence with community banks and credit unions. But how else could smaller institutions improve their fraud-fighting efforts?
The Obama administration has issued a policy statement that says businesses sharing cyberthreat information with one another are not violating antitrust laws.
Banking Trojans such as Zeus have gotten much tougher to detect because of new attack techniques, which means intrusions are going undiscovered for longer periods, says Trusteer researcher Etay Maor.
Having cyber-responders from various civilian agencies located on the same campus should help foster new ideas to battle threats to critical government and private-sector IT systems, a top administration official says.
White House Cybersecurity Coordinator Michael Daniel assesses the cyberthreat environment facing the nation and explains what the federal government is doing about it.
The threats, attacks and crimes don't differ greatly around the world. What does differ is how each region responds. Freddy Dezeure of CERT-EU is working to ensure that Europe is ready to respond appropriately.
An address by FBI Director James Comey at the RSA security conference seems to equate civil liberties and privacy. But when he offers an example of balancing Americans' rights with cybersecurity, he mainly refers to the civil liberties, not privacy.
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