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.
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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.
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.
The hacktivist group known as Izz ad-Din al-Qassam apparently made good on its promise to take down Capital One's online presence. So what does this latest in a series of DDoS attacks mean for other banks?
In the wake of DDoS attacks aimed at five banks, and a fraud alert from FS-ISAC, U.S. banking institutions are taking several steps, including upping technology investments. What other actions are they taking?
A denial of service attack may pose less immediate risk than a data breach - but it's trickier to respond to, says attorney Ronald Raether. What tips does he offer to organizations targeted by DDoS attacks?
Online attacks aimed at major U.S. banks have helped to heighten industry cooperation and information sharing. But experts say not all attacks are equal, and understanding the motivation behind the attack is key.