TD Bank's October breach notification about two backup tapes lost in March is difficult to justify, legal experts say. As a result, the bank could face lawsuits, as well as state fines.
HSBC Holdings, a British multinational bank, is the 10th financial institution to suffer online outages as a result of a distributed denial of service attack in recent weeks. What was the impact of the attack?
The failure to take appropriate steps to secure their IT assets leaves small and midsize enterprises vulnerable to attacks from cybercriminals seeking to pick low-hanging fruit.
BB&T Corp. confirms it's been hit by a DDoS attack, making it the ninth U.S. bank to be targeted in five weeks. The online outage at BB&T comes on the heels of the attack that hit Capital One on Oct. 16.
Download the transcript of this interview in PDF format (sponsored by Corero Network Security)
As DDoS attacks on banks continue, institutions can take immediate steps to lessen the impact on customer experience and reduce fraud risks. Jason Malo of CEB TowerGroup offers insight.
The biggest social media concern for risk managers is the potential reputational impact to the organization, says risk expert David Bradford, who outlines mitigation steps.
A new report by a presidential commission says there are too many discrepancies in privacy regulations related to patients' genomic data. Find out what the panel recommends.
When it comes to fighting DDoS attacks, institutions must understand the threats against them, says Bill Wansley of Booz Allen Hamilton. Varying attack vectors require different modes of detection and prevention.
Capital One confirmed it was hit by a second distributed denial of service attack. The hacktivist group Izz ad-Din al-Qassam Cyber Fighters warned about additional bank attacks this week.
What's missing from remarks by Defense Secretary Leon Panetta, Senate Majority Leader Harry Reid and others is how the stalemate that led to the filibuster of the Cybersecurity Act could be resolved. Will the election make a difference?
The hacktivist group Izz ad-Din al-Qassam launched a series of eight sophisticated DDoS attacks at leading U.S. banks. What lessons have been learned so far, and what additional steps can be taken?
"A cyberattack perpetrated by nation states or violent extremists' groups could be as destructive as the terrorist attack on 9/11," U.S. Defense Secretary Leon Panetta says. "Such a destructive cyber-terrorist attack could virtually paralyze the nation."
As mobile transactions grow, so do the fraud risks. How is the Merchant Risk Council working with card issuers and merchants to address these threats? Nicolas Vedrenne of the MRC offers insight.
Do we have any reason to believe that any targeted banking institution will be better prepared next week to ward off a distributed denial of service attack like those that rocked three banks this week?
The next-generation Gozi Trojan threat against 30 U.S. banks that security vendor RSA recently warned about is real and requires a response to prevent breaches, experts say.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.com, you agree to our use of cookies.
