Leading this week's industry news roundup, FireEye Inc. announced the rollout of FireEye OS 7.1., an update to the FireEye OS. See additional news from Arbor Networks, HID Global and more.
The hacktivist group European Cyber Army on Jan. 28 said it waged DDoS attacks against Bank of America and JPMorgan Chase. DDoS-tracking sources say the botnet involved is the same one used for 2012-2013 attacks against U.S. banks.
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.
To encourage information sharing about cyberthreats, banking institutions need to be protected from liability through the enactment of new federal legislation, says Paul Smocer, president of BITS.
The NIST cybersecurity framework will help U.S. banking institutions assess their security strategies, but some institutions fear the framework could trigger unnecessary regulations, says Bill Stewart of Booz Allen Hamilton.
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.
Banking executives were among the CEOs who met with President Obama at the White House to discuss cybersecurity strategies. Paul Smocer of BITS explains how this discussion may pay off for financial institutions.
The Office of the Comptroller of the Currency is the first major U.S. banking regulator to issue updated guidance on third-party risks. What are the key tenets, and what should institutions expect next?
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.
What are some of the unique challenges organizations face when they move into continuous monitoring and risk mitigation? Scott Gordon of ForeScout and Ken Pfeil of Pioneer Investments offer insight.
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.
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