The Finnish security provider F-Secure concludes the attack e-mail doesn't look too complicated. In fact, it's very simple. But the exploit inside Excel was a zero-day attack at the time and RSA couldn't have protected against it by patching its systems.
The FDIC says the number of banks on its "Problem List" dropped during the second quarter of 2011, the first quarter-to-quarter decrease since 2006. But the failure respite could be short-lived, if the economy falls back in to recession.
The bright spot is that 36 percent of the takeover incidents reported in 2010 were stopped before fraudulent funds transfers were approved. That's an improvement from 2009, when only 20 percent were thwarted.
Organizations entering into a contract with a cloud computing vendor need to have a clear understanding of how the vendor operates before signing off on their services, says Chris Witt of Wake Technology Services Inc.
The American National Standards Institute has begun accepting applications from organizations that want to be accredited to certify electronic health records software for the HITECH Act EHR incentive program.
Fraud is a global concern, and an area regulators and financial institutions the world-over are watching closely, says Bill Isaac. Whether a cyberthreat or mortgage fraud, investments in fraud prevention will continue, despite the state of the international economy.
In many states, the top information security officer champions IT security rather than dictates it, as the decisions of specific steps to take to safeguard digital assets are left to departments, agencies and commissions.
Preliminary results of our inaugural Healthcare Information Security Today survey, which is still open for participation, show that only about half of healthcare organizations have a plan in place to comply with the HITECH Act breach notification rule.
"We face a broad threat ... and each consumer has to understand that their part in protecting both their own finances and the financial infrastructure, together, is a very large part," says Ian Harper, Pentagon Federal Credit Union.
Small businesses have room to improve when it comes to fraud prevention. And according to a recent study commissioned by TD Bank, a lack of understanding and apathy are challenges that need to be overcome.
Don't miss your opportunity to participate in the Healthcare Information Security Today survey. Preliminary results show that about 40 percent of healthcare organizations rate their ability to counter security threats as poor, failing or in need of improvement.
A federal proposal that would require healthcare organizations to provide patients with a report listing everyone who has electronically accessed their records needs revamping, two regulatory experts agree.