Security experts advise banking institutions to take several steps, including enhancing authentication and ramping up commercial customer education, as a result of an increase in sophisticated online banking attacks involving a new variant of Dyre malware.
As financial institutions update their defenses in light of new types attacks - from scams to network-penetrating cyber-attacks - they need to ensure they factor in all of the ways that their systems and employees might be targeted or manipulated.
Declaring a national emergency over hack attacks, President Obama signed an executive order authorizing the government to impose sanctions on hackers. But information security experts voice questions - and concerns.
Some legal and security experts are questioning the potential effectiveness of President Obama's new executive order that allows the U.S. government to block or seize the assets of individuals suspected of launching significant cyber-attacks
As more mega-breaches occur, cyber-insurers will more closely assess the security risks of potential clients, leading more organizations to improve their information security programs, attorney John Yanchunis predicts.
DDoS attackers have been targeting the popular code-sharing website GitHub. Security experts say the massive attacks appear to have originated from China and been designed to disrupt access to GitHub-hosted anti-censorship tools.
Psychologically speaking, nothing beats the power of a well-timed deadline. And love it or hate it, Google's 90-day "Project Zero" deadline for fixing flaws - before they get publicly disclosed - has rewritten bug-patching rules.
A former systems administrator at a Romanian financial services institution has been extradited to the U.S. and charged with orchestrating an international hacking scheme that included attacks on medical offices, retailers and security firms.
Target Corp.'s pending settlement of a consumer class action lawsuit is more about public relations than compensating victims, some observers say. But will it have an impact on a pending suit filed by banks?
Web.com won't confirm or deny that its Register.com subsidiary, which manages more than 2 million domain names, has been breached. But a news report claims the FBI is investigating a year-old intrusion.
Premera Blue Cross is notifying 11 million individuals about a cyber-attack that exposed personal information. The breach comes on the heels of the massive hack attack against Anthem, which runs Blue Cross and Blue Shield plans.