From new malware to the Target breach, cyber-attacks reached an all-time high in 2013, says Cisco's Annual Security Report. Cyberthreat expert Levi Gundert tells how organizations can regain the advantage in 2014.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
Akamai's acquisition of DDoS mitigation provider Prolexic Technologies is a sign of how the DDoS-defense marketplace is maturing at a time when attacks are becoming more sophisticated.
The emergence of attackers-for-hire is a troubling trend in cybercrime, and one particular group is changing its techniques to gain access to computer systems, says Symantec researcher Kevin Haley.
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.
Face-to-face and over-the-phone social-engineering schemes are increasingly used to perpetrate fraud, highlighting the need for more education and real-time transaction monitoring, says Gartner's Avivah Litan.
Despite the recent lull in al-Qassam Cyber Fighters' DDoS attacks against U.S. banks, the ABA's Doug Johnson and FS-ISAC's Bill Nelson warn banks to avoid complacency, noting that DDoS attacks pose an ongoing threat.
Attacks waged for cyber-espionage, fraud, DDoS and other nefarious deeds are increasingly being hired out to sophisticated hackers for specific purposes, says Symantec researcher Kevin Haley.
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.
In the wake of a year of attacks waged against banking institutions by Izz ad-Din al-Qassam Cyber Fighters, the FS-ISAC's Bill Nelson and the ABA's Doug Johnson say the need to regularly update DDoS preparedness is a critical lesson learned.
OpUSA's planned Sept. 11 DDoS against U.S. banks and governmental agencies proved to be uneventful, experts say. But they warn that other potential attacks, especially those with a Syria connection, could prove to be far more serious.
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