Improved collaboration and communication between small businesses and financial institutions is the first step toward improving online security, says Mark Patterson, an ACH fraud victim. What else would help?
Security managers need the heads up from non-IT executives before they dismiss employees, some of whom might seek payback for their sacking by pilfering data or sabotaging systems, Carnegie Mellon University's Dawn Cappelli and Mike Hanley say.
Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
Chinese police have detained four people and punished eight after the personal information of 6 million users was leaked following a data breach of the China Software Developer Network, the country's largest programmers' website.
A breach is a disaster, says business continuity specialist Ken Schroeder. So organizing an effective breach-response team does not require a reinvention of the wheel. What it does require is a holistic approach.