Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
"This is not a record of success; whatever we are doing is not working," says James Lewis of the Center for Strategic and International Studies. "As a nation, despite all the talk, we are still not serious about cybersecurity."
Key U.S. IT networks remain vulnerable to attack, undermining confidence in the nation's IT systems and the information collection and sharing process, Homeland Security Deputy Undersecretary Philip Reitinger and other officials say.
"Almost everyone has a firewall and is using it; it's just not necessarily a relevant defense against the way people are actually being attacked," says Josh Corman, research director of enterprise security at security consultancy The 451 Group.
The bill, sponsored by House Cybersecurity Caucus Co-Chair James Langevin, would create a White House office of cyberspace and replace paper-based FISMA compliance with automated, continuous monitoring of IT systems.
Topics to be addressed at the NIST cloud computing forum include the cloud's trustworthiness and standards. Google Chief Internet Evangelist Vint Cerf and NIST Director Patrick Gallagher also will speak.
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Global banking institutions can learn a great deal from Japan's disaster planning and response. But security expert Mark Lobel of PricewaterhouseCoopers says this growing crisis also teaches us: "Even the best laid plans only go so far."
Institutions can learn a great deal from Japan's disaster planning and response. But security expert Mark Lobel of PricewaterhouseCoopers says this growing crisis also teaches us: "Even the best laid plans only go so far."
When the business demands the latest tools and technologies, saying "no" is not a viable option. "Clearly, these are disruptive things, but they also are extremely valuable," says Simon Godfrey, Director, Security Solutions at CA Technologies UK.
Australia's government agencies can learn a lot from the nation's banks, when it comes to risk management and protecting privacy, says Graham Ingram, General Manager of the Australian Computer Emergency Response Team. "There are too many people in government organisations who are in denial [of risks]," he says.