Top executives must be transparent with their stakeholders when their IT systems get attacked. Otherwise, their enterprises' reputations could be more severely damaged, says IBM Fellow Luba Cherbakov.
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 Izz ad-Din al-Qassam launched a series of eight sophisticated DDoS attacks at leading U.S. banks. What lessons have been learned so far, and what additional steps can be taken?
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.
Banks struck by the wave of DDoS attacks are communicating badly and missing a great opportunity to educate their customers about cybersecurity, says Gregory Nowak of the Information Security Forum.
The FS-ISAC's decision to increase the U.S. banking industry's cyberthreat level from "elevated" to "high" is way overdue, Aite's Julie McNelley and other experts say. Here's how banking institutions should enhance security.
Across the board, the job market in the U.S. is extremely competitive. Yet, fraud examiners are in demand -- and there are some tactics you can use to give yourself an edge when seeking a new job.
Financial institutions are now at high risk of cyberattack, according to the Financial Services Information Sharing and Analysis Center. What can institutions do to protect themselves from new threats?
The growth in messaging technologies has fraudsters targeting new channels to attack organizations. Craig Spiezle of the Online Trust Alliance offers tips on how to improve messaging security.
The only way to put a dent in financial fraud and cybercrime is through aggressive prosecution and tough sentences for the guilty. That's why a sentencing last week in the RBS WorldPay case is disappointing.
E-mail, IM, text messaging - we all increasingly depend on messaging technologies. And so do the fraudsters. Craig Spiezle of the Online Trust Alliance discusses how to mitigate our vulnerabilities.
Banks and the U.S. payments infrastructure are prime targets for international cyberattacks. And it's not just money hackers are after, says Bill Wansley of Booz Allen Hamilton. What else is at risk?
Global Payments has been less than forthcoming with information about its data breach. How could this lack of transparency hurt the processor, and what's the lesson for others?
International law enforcement agencies last week touted the takedown of 36 websites that were used to sell stolen debit and credit data for more than 2.5 million accounts. But how much of an impact will the takedown ultimately have on card fraud?
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