Banks need to prepare for many more massive cyberattacks along the lines of the sophisticated campaign that hit JPMorgan Chase and other financial services organizations, says Javelin Strategy & Research's Al Pascual, who offers risk management insights.
Tinba, which has been linked to attacks in the U.S., Canada and Europe, is now targeting bank accounts in Russia, according to a new report from Dell SecureWorks. Researcher Brett Stone-Gross tells why Tinba is unusual and can be tough to detect.
A quiet life in retirement? Not for Art Coviello, former executive chairman of RSA. He's just joined the boards of two new security ventures, Bugcrowd and Cylance, and he's got big ideas for how to influence the 2016 cybersecurity agenda.
Many CEOs and boards of directors are failing their companies by not truly understanding their cybersecurity risks, says Steve Durbin of the Information Security Forum. He stresses that senior leaders must ensure their organizations provide adequate funding to manage risks.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
As part of its Business Connect event, IBM is hosting a Security Leaders Day in London. Who should attend, and what will be gained? IBM's Carmina Lees shares insight on the event, as well as key security trends to watch.
With organizations increasingly moving to the cloud, more security professionals are needed to help secure those environments as well as manage incident response. Cloud forensics expert Neha Thethi outlines must-have skills, qualifications and certifications.
BitSight Technologies is out with its annual Industry Benchmark Report, and cybersecurity ratings are low for the energy and utilities industry. BitSight's Mike Woodward shares insights for all sectors.
In the wake of the Oct. 1 EMV fraud liability shift date, U.S. merchants can expect to pay for counterfeit fraud losses previously absorbed by European issuers, says Jeremy King of the PCI Council. Longer-term, he expects European banks will experience more fraud as U.S. POS and card security leapfrogs other markets.
As a result of Experian's data breach, 15 million T-Mobile subscribers are at risk from phishing attacks and fraud. But it's not clear what more T-Mobile can do to protect breach victims, says security specialist Mark James.
Cybercrimnals are now using the Dyre and Dridex banking Trojans to gather massive amounts of data about individuals and companies that could enable them to track patterns of behavior, which might later help them evade intrusion detection, says Fox-IT's Eward Driehuis.
The commoditization of attack infrastructure and services in the cyber-criminal underground, and the low cost and ease of launching targeted attacks, are growing concerns that require new defense strategies, says Trend Micro's Raimund Genes.
The attacks have evolved, breaches have multiplied, and serious security gaps have been exposed. But what most concerns FireEye President Kevin Mandia? The rise of nation-states as leading threat actors.
The use of Bitcoin poses big cybersecurity and money-laundering concerns for banks. But the transaction infrastructure used by cryptocurrencies offers many features that banks should put to use, says former FBI Special Agent Vince D'Agostino.