Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
As they develop mitigation strategies, organizations must keep in mind that all cyber-attacks, ranging from DDoS to phishing, ultimately aim to compromise data - and they virtually all are advanced and persistent.
A recent $1 million cyberheist at a county hospital illustrates why healthcare organizations must pay attention to securing financial as well as clinical data - and educate staff about how to recognize phishing e-mails.
Anonymous says its OpUSA attack planned for May 7 aims to 'wipe' government and banking websites from the Internet. Security experts say the threat is real, but are U.S. organizations taking it seriously?
Although there have not yet been any confirmed reports of financial fraud associated with a major data breach at the Utah Department of Health last year, the potential for costly fraud is huge, contends Al Pascual of Javelin Strategy and Research.
Hacktivists' phase 3 DDoS attacks against U.S. financial services firms have entered their eighth week, and FS-ISAC spokesman Greg Garcia says concerns are mounting that a criminal element to the attacks could emerge.
A new report by several GOP senators raises questions about the HITECH Act's electronic health record incentive program, including concerns about data security and privacy. But the senators overlook a number of key issues.
From sophisticated malware to socially-engineered schemes, banking institutions of all sizes are under constant, multi-channel attack. How can they respond? Daniel Ingevaldson of Easy Solutions shares ideas.