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.
The Trojan "Laziok" targets energy firms throughout the Middle East, India, the U.S. and the U.K., warn security researchers at Symantec. The malware attempts to exploit a Microsoft Office bug patched in 2012.
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.
Fighting increased incidents of fraud is going to be a challenge, given lack of regulation, awareness and skills. Dhruv Phophalia, Head of Alvarez and Marsal's global forensics practice, offers insights.
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.
Application security is not keeping pace with evolving attacks, says Prasenjit Saha, a CEO at the consultancy Happiest Minds Technologies. One problem: lack of a standard, secure coding process in the application development life cycle.
Chinese officials have reportedly agreed to delay some banking-sector requirements aimed at foreign technology vendors, who were instructed to submit to rigorous audits and to add government-approved backdoors to their products.
The Supreme Court has quashed Section 118 (d) of the Kerala Police Act for violating the fundamental right of freedom. Some cyberlaw experts call it a short-sighted decision that will deter the fight against cybercrime.
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.