Security experts advise banking institutions to take several steps, including enhancing authentication and ramping up commercial customer education, as a result of an increase in sophisticated online banking attacks involving a new variant of Dyre malware.
As financial institutions update their defenses in light of new types attacks - from scams to network-penetrating cyber-attacks - they need to ensure they factor in all of the ways that their systems and employees might be targeted or manipulated.
As data grows and organizations become more vast, the risk of sensitive data being breached increases at an alarming pace. With data breaches making the headlines more than ever, organizations are forced to consider the safety of their data, the policies they have in place to protect it, and the strategies and tools...
The threat of email borne attacks is greater than ever with malware volumes increasing drastically. One of the most common, and difficult to detect, email threats comes in the form of phishing and spear-phishing emails.
Historically, phishing attacks targeted end-users with attackers going after credentials to...
Declaring a national emergency over hack attacks, President Obama signed an executive order authorizing the government to impose sanctions on hackers. But information security experts voice questions - and concerns.
Fighting increased incidents of fraud is going to be a challenge, given lack of regulation, awareness and skills. Dhruv Phophalia, Head of Alvarez and Marsal's global forensics practice, offers insights.
Businesses targeted by ransomware attacks are increasingly willing to negotiate with - and even pay - their extortionists. But negotiating with cyberthieves is never a good idea.
Some legal and security experts are questioning the potential effectiveness of President Obama's new executive order that allows the U.S. government to block or seize the assets of individuals suspected of launching significant cyber-attacks
As more mega-breaches occur, cyber-insurers will more closely assess the security risks of potential clients, leading more organizations to improve their information security programs, attorney John Yanchunis predicts.
Firewalls and network security were long considered a perimeter defense, keeping the bad guys out and containing confidential data inside. But as threats have become more sophisticated, the perimeter has become porous, and recent high-profile security breaches such as at Home Depot and Target show demonstrate that...
The FFIEC warns U.S. financial institutions that they're at increased risk from attacks that are designed to harvest large amounts of credentials, as well as from destructive "wiper" malware attacks.
DDoS attackers have been targeting the popular code-sharing website GitHub. Security experts say the massive attacks appear to have originated from China and been designed to disrupt access to GitHub-hosted anti-censorship tools.
Imagine an organization with no single place to find employee information across business units. Communications and collaboration would suffer. But an information portal would enable enterprise-wide searches and easy updates for basic information such as phone numbers. Or consider recently merged organizations. To...
Slack Technologies, a tech start-up that offers a group chat tool, announces it's rolling out two-factor authentication after hackers breached a database of user profile information.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?
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