The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
Hacktivists announced Dec. 18 that they planned yet another round of distributed-denial-of-service attacks against five U.S. banks. Wells Fargo confirmed its online banking site experienced outages throughout the day.
A breach that resulted in a $1 million HIPAA settlement led Partners Healthcare in Boston to take many significant steps, including merging its privacy and security efforts, says CISO Jennings Aske. More changes are planned for 2013.
The Walgreens drugstore chain will pay $16.6 million to settle a California case involving improper disposal of hazardous waste, as well as certain confidential patient information, in dumpsters near their stores.
Online outages affecting leading U.S. banking institutions continued Dec. 12, but only U.S. Bank confirmed its site issues were linked to a distributed-denial-of-service attack. Meanwhile, FS-ISAC outlined precautions institutions should take.
A day after Izz ad-Din al-Qassam Cyber Fighters announced plans for a second wave of DDoS attacks, SunTrust, Bank of America and PNC experienced intermittent site issues, and U.S. Bank acknowledged the new threat.
Izz ad-Din al-Qassam Cyber Fighters has announced the "second phase" of its hacktivist campaign, saying five major U.S. banks will be the victims of new distributed-denial-of-service attacks starting this week.
Former FBI cyber unit chief Tim Ryan sees mounting dangers from the insider, acknowledging undiscerning employees who don't follow proper processes can cause devastation. But he says the actions of those with malicious intent can be more catastrophic.
From point-of-sale hacks to malware and DDoS attacks, the top cyberthreats of 2012 have been aggressive and strong. Is it time for organizations to adopt a "hack back" strategy against perceived attackers?