It's barely a drop in the bucket, but President Obama is earmarking $7 million of his nearly $4 trillion federal budget to help NIST provide stronger cryptographic solutions and privacy-enhancing tools.
PINS can effectively reduce card-not-present as well as card-present fraud, argues Liz Garner of the Merchant Advisory Group, who will be a featured speaker at Information Security Media Group's upcoming Fraud Summit Los Angeles.
Technologies that allow companies to analyze cyberthreats are evolving and soon should provide better intelligence to mitigate attacks, says Jim Anderson, a president at BAE Systems Applied Intelligence.
Anthem believes that the breach that has exposed up to 80 million individuals' information possibly began after a handful of employees fell victim to a phishing attack. Other attackers appear to be using the breach as a lure for their own phishing campaigns.
New business continuity guidelines from the Federal Financial Institutions Examination Council paint a more detailed picture of the cybersecurity initiatives banks and credit unions will be asked about during upcoming IT examinations.
As state insurance commissioners and attorneys general launch investigations into health insurer Anthem's data breach, a U.S. Senate committee is examining the healthcare industry's preparedness for mitigating cyberthreats.
Not wanting to "let a good crisis go to waste," White House Cybersecurity Coordinator Michael Daniel is using health insurer Anthem's massive data breach to promote the Obama administration's cybersecurity initiatives.
As health insurer Anthem's breach investigation progresses, some news reports are already pointing the finger at Chinese hackers as the possible culprits. But in this early stage of the investigation, security experts urge skepticism about attribution.
President Obama has tapped veteran CIO Tony Scott as the top government IT official whose responsibilities include overseeing agencies' compliance with FISMA, the law that governs federal government IT security.
The massive cyber-attack against health insurer Anthem makes it crystal clear that the healthcare sector has become a new favorite target for hackers. So what needs to be done to defend against hacks?
News that health insurer Anthem Inc. suffered a massive breach after hackers gained access to a corporate database illustrates yet again the healthcare sector's vulnerability. This infographic takes an updated look at the top five health data breaches.
In the aftermath of the Sony Pictures Entertainment cyber-attack in late November 2014, Amy Pascal, who had embarrassing e-mails leaked in the breach, is stepping down as co-chairman.
Health insurer Anthem Inc. has suffered a massive data breach after hackers gained access to a corporate database reportedly containing personal information on as many as 80 million of its current and former U.S. customers and employees.
As a result of the explosive growth in worldwide use of smart phones, mobile malware will play a much bigger role in fraud this year, predicts Daniel Cohen, a threat researcher for RSA, which just released its 2014 Cybercrime Roundup report.
An upcoming series of summits on fighting financial fraud and mitigating advanced persistent threats will provide timely insights from industry thought leaders on the critical steps to take to address emerging risks.
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