Karen Scarfone, who coauthored NIST's encryption guidance, sort of figured out why many organizations don't encrypt sensitive data when they should. The reason: they do not believe they are required to do so.
As the recent PATCO case shows, fraud litigation is moving away from just establishing damages. The key legal question now is: What is reasonable security? Attorneys discuss the 2013 fraud legal landscape.
"While these two priorities - sharing and safeguarding - are often seen as mutually exclusive, in reality they are mutually reinforcing," President Obama says in the introduction to the strategy.
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
Eurograbber got banks' attention after compromising out-of-band authentication in Europe. But researchers say it's the knowledge of the hackers behind the attack, not the Trojan, that's most concerning.
Eurograbber is more than just another banking Trojan. It's an exploitation of fundamental online banking authentication practices that could strike any institution, says Check Point's Darrell Burkey.
Absent a uniform method, the NIST interagency report investigates credential revocation, focusing on identifying missing requirements, and suggests a model for credential reliability and revocation services that addresses those missing requirements.
How do we provide mobile applications to our users that fulfill their need for immediate access, but also provide them with assurance that their information is safe? Here are four fundamentals.
A breach at a Texas credit union shows how fraudsters target financial institution employees to gain access to sensitive information. Why are institutions proving to be soft spots for compromise?
The big breaches make the headlines, but the smaller attacks on merchants are the ones that ultimately benefit the fraudsters and hurt banking institutions most, says Wade Baker of Verizon.
A new banking Trojan known as Gozi Prinimalka, which researchers say has been targeted to hit at least 30 U.S. institutions, can circumvent many fraud-detection and prevention defenses. So what prevention steps should financial institutions take?
Lost and stolen unencrypted mobile devices are reoccurring culprits in data breaches. So why isn't the use of encryption more widespread? And how are organizations ramping up mobile security?
A wave of distributed denial of service attacks on banks raises the question: Should the owners of the nation's critical information infrastructure, when assessing risk, be held to a higher standard because society relies on them to function?
A cybergang threatens a blitz of Trojan attacks aimed at 30 U.S. banks, according to RSA. What steps should all banking institutions take now to prepare? RSA's Mor Ahuvia offers insight and advice.
Phishing attacks took a surprising dip in late summer, according to fraud trends tracked by RSA. But Limor Kessem says phishing attacks this fall should offset the decline. What are the latest trends?
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