In a Feb. 13 keynote speech at a cybersecurity summit, President Obama described the cyberworld as the "wild, wild West" and the American government as the sheriff. Then he signed an executive order aimed at boosting cyberthreat information sharing.
On the heels of the FFIEC's new business continuity guidelines, Deputy Comptroller Beth Dugan hints that new guidance related to cybersecurity risks affecting payments and mobile transactions may be coming.
Congressional investigators for the first time are designating protecting the privacy of personally identifiable information as a high risk area within the federal government and calling on Congress to enact new legislation to enhance PII safeguards.
Enterprise IT administrators are being urged to immediately patch a flaw that affects every Windows system released for the past 15 years. Attackers could remotely exploit the flaw to take control of a device and run any code of their choice.
Ten state attorneys general have criticized Anthem Inc. for being too slow to communicate with those affected by its massive data breach. But the health insurer says it will post details Feb. 13 on how victims can enroll for certain free services.
The Federal Reserve, which just two weeks ago announced a plan for faster and more secure payments, now says it's prepared to play a more hands-on role if private sector progress with the rollout lags.
The FTC has ordered medical billing company PaymentsMD to change its practices for the collection and disclosure of consumers' personal health information. What similarities does this case have with concerns over HealthCare.gov's privacy practices?
The Obama administration has announced creation of a federal agency to analyze information culled from other agencies to battle cyberthreats to the government and the private sector. But the action is already drawing criticism.
In a landmark decision, a British tribunal ruled that a U.K. intelligence agency broke the law by secretly using surveillance data collected by the U.S. National Security Agency. The ruling could have U.K. and U.S. repercussions, privacy experts say.
In the wake of the cyber-attack against Anthem Inc., New York's Department of Financial Services has announced plans to conduct cybersecurity assessments of insurers doing business in the state. Experts say other states may follow New York's lead.
It's barely a drop in the bucket, but President Obama is earmarking $7 million of his nearly $4 trillion federal budget to help NIST provide stronger cryptographic solutions and privacy-enhancing tools.
Anthem believes that the breach that has exposed up to 80 million individuals' information possibly began after a handful of employees fell victim to a phishing attack. Other attackers appear to be using the breach as a lure for their own phishing campaigns.
New business continuity guidelines from the Federal Financial Institutions Examination Council paint a more detailed picture of the cybersecurity initiatives banks and credit unions will be asked about during upcoming IT examinations.