Banking institutions can expect more cyberattacks, including threats from nation-states, as the U.S. elections draw near. So they must take adequate security steps - and clearly explain them to their customers.
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.
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?
An individual claiming to be part of Anonymous, the hacktivist group that has targeted big business and government, seems to have taken aim at small businesses by claiming to have disrupted website host GoDaddy.com.
As BYOD continues to become more commonplace, mobile application risk management aids in identifying the risks on those devices and implementing policy to protect enterprise data, says Domingo Guerra, president and founder of Appthority.
What are the top challenges with the bring-your-own-device trend? Stephen Midgley, vice president of global marketing at Absolute Software, says the top issue is organizations not knowing where their data is located.
Citigroup has confirmed its consumer banking sites were temporarily offline Friday because of what a bank spokesman referred to as temporary outages. Hackers with Anonymous have claimed to be behind the attacks.