A key aim of the Next Generation Cyber Initiative has been to expand the FBI's ability to quickly define 'the attribution piece' of a cyberattack to help determine an appropriate response, the FBI's Richard McFeely says.
Connecticut is working to improve its cyber incident response, including updating its breach notification law and enacting a privacy task force. Connecticut Attorney General George Jepsen explains why.
As banking institutions await a new wave of DDoS attacks, one security vendor says it foresaw one rare -but effective - element of these attacks as far back as 2006. What can banks expect to see next?
The late summer breach wasn't discovered until Oct. 10, but the state waited more than two weeks before notifying the public. Gov. Nikki Haley says the state will provide taxpayers with one year of credit monitoring and identity protection.
Distributed-denial-of-service attacks on U.S. banking institutions will continue, says Akamai's Mike Smith. And he believes the attackers aren't out just to embarrass the banks, but to commit fraud.
Identity theft is a concern for organizations across all sectors. Learn how healthcare entities are employing new strategies and technology tools to curtail medical ID theft and prevent fraud.
Barnes & Noble is the latest retailer to be hit by a point-of-sale breach. Why do security experts and card issuers say POS breaches are pushing card fraud to a tipping point?
In this week's roundup, read about the latest incidents, including a stolen laptop affecting 27,000 patients in Tennessee and a point-of-service device breach at Barnes & Noble book stores.
The big breaches make the headlines, but the smaller attacks on merchants are the ones that ultimately benefit the fraudsters and hurt banking institutions most, says Wade Baker of Verizon.
A new banking Trojan known as Gozi Prinimalka, which researchers say has been targeted to hit at least 30 U.S. institutions, can circumvent many fraud-detection and prevention defenses. So what prevention steps should financial institutions take?
Cyber crime attacks result in serious financial consequences, according to results from the HP Ponemon 2012 Cost of Cyber Crime Study. A better understanding of the attacks can be useful to prioritize security investments and strategies.
It's official: There have been more than 500 major U.S. health data breaches since the HIPAA breach notification rule went into effect in 2009. But is the breach picture improving so far this year?
BITS, the technology division of the Financial Services Roundtable, says DDoS attacks on banking institutions are likely to continue and offers a seven-point strategy for preparation and response.
Employing cloud computing services could help organizations defend against the type of distributed denial of service attacks that have temporarily crippled the online service of major American banks, says NIST's Matthew Scholl.
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.
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