South Carolina's Revenue Department went nearly a year without a chief information security officer before its tax system was hacked this summer. The agency's chief says the state couldn't find a qualified candidate for the job that pays $100,000 a year.
Small attacks aimed at merchants are proving the most fruitful for hackers, recent analysis from Verizon shows. But risk expert Wade Baker says there are steps banking institutions can take to respond.
As seen on YouTube, South Carolina Gov. Nikki Haley, more than any other chief executive, in or out of government, is out front leading the response to a breach of its tax system. It's been an education for the governor as well as South Carolinians.
New malware attacks are targeting smart phones, and experts say banking institutions aren't doing enough to detect and prevent those attacks. So where should institutions focus their tech investments in 2013?