What is one of the most common mistakes organizations make when they uncover a data breach? Brian Laing of AhnLab tells how a seemingly innocent response often leads to costly consequences.
The FDIC, in a notice to consumers, highlights questions that customers should be asking banks about DDoS attacks. But is the notice an indicator that more regulatory oversight is ahead?
A distributed-denial-of-service attack in Europe highlights the need for Internet service providers to implement security best practices to prevent future incidents and protect their users, ENISA's Thomas Haeberlen says.
Breach statistics for 2012 show DDoS attacks dramatically increased in all sectors, says Verizon's Dave Ostertag. "If your organization, company or agency has a presence on the Internet, you're a potential victim now."
In this exclusive interview, Tim Horton of First Data explains how the nation's largest credit card processor is helping financial institutions and merchants mitigate risks posed by malware and DDoS attacks.
The massive distributed-denial-of-service attack in Europe that targeted Spamhaus could easily have been prevented if information service providers followed a 13-year-old industry best practice, ENISA's Thomas Haeberlen says.
Obtaining timely, accurate updates about emerging cyberthreats is challenging. The FS-ISAC is now offering briefings on the latest trends and how to address them, says Bill Nelson, president.
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.
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