Ransomware attacks are rising, and a resurgence of the banking Trojan Citadel after an earlier botnet takedown is partly to blame, McAfee Labs research shows. Malware expert Ryan Sherstobitoff analyzes the implications.
OpUSA's planned Sept. 11 DDoS against U.S. banks and governmental agencies proved to be uneventful, experts say. But they warn that other potential attacks, especially those with a Syria connection, could prove to be far more serious.
NIST is hosting a workshop this week to continue shaping the cybersecurity framework President Obama wants implemented by February. Learn about the latest developments in the effort to identify IT security best practices.
If Iran is behind distributed-denial-of-service attacks targeting American banks, should the United States retaliate aggressively with a Stuxnet-like response? Learn why the Atlantic Council's Jason Healey thinks that's a bad idea.
When building a business continuity plan, banking institutions too often overlook certain key processes that must be maintained after a cyber-attack or a disaster, says Dan Shannon of core banking processor FIS.
Federal authorities are warning banking institutions and government agencies about a wave of DDoS attacks that could strike on 9/11. Learn what steps the FBI suggests should be taken to mitigate the threat.
Scientists are discovering ways to make quantum key distribution a more cost-effective and efficient way to securely share encryption keys, but there's still a long way to go before the methods can be practically applied.
Even with the latest disclosures of the efforts the National Security Agency goes through to decrypt Internet communications, enterprises can take specific steps to protect their information from prying eyes.
Citi's settlement with two states over a breach that exposed 360,000 cards will likely set an example for other states. One expert says banking institutions will likely pay more damages when accounts are compromised.
Fraud is increasing across the board, but attributing losses to certain types of fraud continues to pose challenges for many banking institutions, says Doug Johnson of the American Bankers Association.