Despite what's now been a two-month break from hacktivists' DDoS attacks on banks, we can expect more assaults from Izz ad-Din al-Qassam Cyber Fighters. And this next wave should concern us all. Here's why.
New payments technology, such as mobile and emerging e-commerce transactions, is posing challenges for PCI compliance, says the Standards Council's Jeremy King. What are the greatest risks to card security?
Reports continue to show that an overwhelming percentage of applications have serious vulnerabilities. The important takeaway here is that application security has not improved in the last 10 years.
New guidelines for mobile security are likely on the way for U.S. financial institutions, banking leaders and mobile experts say. Learn the reasons behind their predictions.
Whether or not Congress enacts cyberthreat intelligence sharing legislation, the IT security community is moving forward with its own information sharing initiatives, MS-ISAC Chairman William Pelgrin says.
Here are some questions we'd like to ask the former systems administrator at the National Security Agency to learn more about the motivation behind his leak of the U.S. government's top-secret information collection programs.
Hacktivists may have halted their attacks, but DDoS strikes against U.S. banks continue. Download-flooding attacks that took aim at two banks last week demonstrate the need for continued vigilance.
So-called patent trolling is getting attention from banking leaders and the White House. As patent attorney James Denaro points out: "Essentially every single financial institution is at risk of being accused of infringement."
President Obama wants Americans to trust his administration on the way it collects data from Internet and telephone communications in the search for terrorists. Does the president deserve that trust?
Advanced threats and mobile security were the buzzwords of the Gartner Security & Risk Management Summit. What new insights did thought-leaders share, and how can they reshape our security posture?
The OCC's DDoS risk warnings to community banks may indicate more regulatory scrutiny is on the way. Banks should prepare for more oversight of their cyber-attack reporting and threat mitigation practices.
How are banking institutions responding to today's fraud threats, and what strides have they made to mitigate their risks? The 2013 Faces of Fraud Survey aims to answer those questions and more.
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
Financial fraud expert Joe Rogalski explains why card issuers are ultimately responsible for losses linked to ATM cash-out schemes, like the $45 million worldwide cyberheist that made headlines last month.
Collecting massive amounts of data on individuals, whether in the government or private sector, has become the norm in our society. It's not quite Orwellian, but it's a situation we might have to learn to live with.
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