The idea of the U.S. federal government and industry jointly developing IT security best practices will do little to help critical infrastructure operators defend against cyber-risk, says Business Roundtable Vice President Liz Gasster.
Banking institutions have spent the last two years enhancing authentication to conform to regulatory mandates. Organizations in other sectors can learn important authentication lessons from the banking industry.
Two new insider fraud cases showcase the challenges organizations face to detect and prevent crimes by trusted employees. "You need IT controls, but you need more than IT," says researcher Randy Trzeciak.
In this newest banking fraud scheme, fraudsters use the customer service chat feature within the online banking platform to schedule fraudulent wires. How can institutions detect and prevent this scam?
How are banks responding to DDoS phase 2? "From a technology standpoint, we have improved our defenses quite a bit," says Dan Holden of Arbor Networks. Experts discuss top DDoS lessons banks have learned.
If we're at war, the fight so far is unbalanced, and the U.S. should be grateful its cyberspace adversary is Iran. "We're probably not very prepared for a virtual conflict against a really competent state, such as Russia or China," says Rand Corp.'s Martin Libicki.
Many organizations are weighing whether cyber-insurance is a worthwhile investment. A decision on the type of policy to buy, and what it should cover, depends, in part, on the type of information that could be exposed.