The UK government pledges at Infosecurity Europe to help businesses improve cybersecurity. But it's going to take more than vouchers and training to address Europe's top threats to security and privacy.
Distributed-denial-of-service attacks jumped significantly in 2012. And it's not just banking institutions that are victims, Verizon finds in its just-released Data Breach Investigations Report.
The SEC in 2011 issued staff guidance on disclosure obligations regarding cyber-risks and incidents. Now, Senate Commerce Committee Chairman Jay Rockefeller wants the SEC commissioners themselves to provide the guidance.
History shows that DDoS phase 3 may end soon, and banking institutions can expect an even more powerful 4th wave. "There is little reason for the attacks to cease," says Javelin's Al Pascual.
TD Bank and Keybank confirm that their online-banking sites were hit by DDoS strikes last week. And one security expert says other banks were hit by sophisticated attacks as well.
When struck by DDoS, how - and what - should banking institutions communicate with their customers? Doug Johnson of the American Bankers Association advises on post-attack disclosure obligations.
Prolexic's CEO Scott Hammack says battling distributed-denial-of-service attacks has become part of everyday business. And during this in-depth interview, he explains why.
The National Credit Union Administration is the second federal regulator to issue a warning about fraud risks linked to DDoS. One legal expert says banking institutions must heed the warning.
Some of the largest banks in the U.S. were unable to ward off sophisticated DDoS attacks, so what can smaller organizations do? Plenty, says Marty Meyer, President of Corero Network Security.
Although a hacktivist group says it has suspended distributed-denial-of-service attacks on U.S. banking institutions, banking and security leaders aren't convinced. "Banks should certainly remain on guard," says Gartner's Avivah Litan.
Hacktivists on Jan. 22 threatened more DDoS attacks against U.S. banks and claimed they recently hit three institutions. Despite banks' improvements in staving off online outages, the longevity of the attacks is concerning, experts say.
ENISA, the European Union cyber-agency, is out with its first-ever Threat Landscape report. What are the emerging threats and vulnerabilities, and how should organizations globally respond to them?
U.S. banks are improving efforts to thwart distributed-denial-of-service attacks. But they're struggling to find the balance between informing customers and giving attackers too much publicity.
Banks should be prepared for many more distributed-denial-of-service attacks in 2013. Learn why security experts warn that the industry has experienced just a taste of what's to come.
In a new alert, the OCC says banking institutions should be concerned about fraud attempts linked to recent distributed-denial-of-service attacks on prominent U.S. banks.
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