Banking institutions can expect more cyberattacks, including threats from nation-states, as the U.S. elections draw near. So they must take adequate security steps - and clearly explain them to their customers.
An individual claiming to be part of Anonymous, the hacktivist group that has targeted big business and government, seems to have taken aim at small businesses by claiming to have disrupted website host GoDaddy.com.
Citigroup has confirmed its consumer banking sites were temporarily offline Friday because of what a bank spokesman referred to as temporary outages. Hackers with Anonymous have claimed to be behind the attacks.
What's embarrassing about the WikiLeaks episode isn't just the precarious position the publication of diplomatic cables put the U.S. in with its allies but the likelihood that one, low-level analyst accessed sensitive data without authorization and then leaked them.
The leak of 75,000 internal military logs on the Afghanistan war is a major IT security breach, but the fact that the breach - or leak - of such magnitude occurred didn't seem to surprise many. And, two recent reports show why.