To encourage information sharing about cyberthreats, banking institutions need to be protected from liability through the enactment of new federal legislation, says Paul Smocer, president of BITS.
Inadequate authentication is among the greatest security challenges for online payments, says Scott Dueweke of Booz Allen Hamilton, who suggests biometrics needs to play a bigger role.
The good news is: U.S. banks have learned valuable security lessons from defending against recent distributed-denial-of-service attacks. The bad news? DDoS has evolved into new and improved assaults.
The good news is: U.S. banks have learned valuable security lessons from defending against recent distributed-denial-of-service attacks. The bad news? DDoS has evolved into new and improved assaults.
Sharing information about cyber-attacks is making a difference in the banking sector, helping bring criminals to justice and curbing fraud losses. Other sectors should learn from banking's example.
The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
On the one-year anniversary of al-Qassam Cyber Fighters' first announcement about DDoS attacks against U.S. banks, experts discuss what may happen next, including whether the group will join forces with the Syrian Electronic Army.
As security professionals in other business sectors prepare for potential DDoS attacks, here are three important lessons they can learn from the successful defenses in the financial services industry.
DDoS attacks launched by hacktivists are often viewed as little more than an interruption to online services. But Terry Ray of Imperva highlights a greater worry hidden behind these attacks.
How is one of the nation's top 20 bank holding companies fighting fraud? Find out directly from Matthew Speare, Senior Vice President of Information Technology for M&T Bank Corporation, as he spends an hour taking your questions about a variety of banking fraud topics, including:
Account takeover trends and the...
Simple fact - governments across the globe have been victims of attacks in one form or another. The frequency of these attacks has varied and the motives range from a self-deluded intention of doing good for society, to monetary or political gain or for no other reason than to demonstrate the ability to pull off such...
For many years, conventional wisdom focused solely on a perimeter-based defense with the mission to keep out all attackers. Now, it's become pertinent to see these persistent threats and attacks through a different lens - expect a successful attack and penetration of your defenses and design a defense-in-depth...
Distributed-denial-of-service attacks pose a persistent, genuine threat to all sectors. That's why we've created the DDoS Resource Center to fill the information gaps.
In defending against distributed-denial-of-service attacks, enterprises must comprehend the motives of the cyber-assailant, Booz Allen Hamilton's Sedar Labarre says. He outlines how organizations should assess their risks.
Distributed denial of service (DDoS) malware and tools threaten an organization's Internet-facing systems. This technical brief covers DDoS-enabled malware and several DDoS-specific tools, their capabilities and the network indicators they generate while performing the attack methods. It includes new attack vectors...
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