Banking executives were among the CEOs who met with President Obama at the White House to discuss cybersecurity strategies. Paul Smocer of BITS explains how this discussion may pay off for financial institutions.
The Office of the Comptroller of the Currency is the first major U.S. banking regulator to issue updated guidance on third-party risks. What are the key tenets, and what should institutions expect next?
The settlement of a class action lawsuit against AvMed, a health plan company, stemming from a 2009 data breach, is significant because it awards payments to those who were not victims of identity theft.
The Army Research Laboratory is collaborating with five research universities on a $23 million, 5-year initiative to develop what's being characterized as a new science to detect, model and mitigate cyber-attacks.
Senior leaders in business and government are buying in to the need for more cybersecurity investments as well as threat-intelligence sharing, new research shows. But why are they still struggling to hire the right security pros?
Prosecutors have charged a resident of Great Britain with hacking thousands of U.S. government computers, including those at the U.S. Army and a number of federal agencies, to steal massive amounts of confidential information.
Organizations must develop a "defensible response" to data breaches and fraud incidents because of the likelihood of a regulatory investigation or legal action, says attorney Kim Peretti, a former Department of Justice cybercrime prosecutor.