Despite the recent lull in al-Qassam Cyber Fighters' DDoS attacks against U.S. banks, the ABA's Doug Johnson and FS-ISAC's Bill Nelson warn banks to avoid complacency, noting that DDoS attacks pose an ongoing threat.
Attacks waged for cyber-espionage, fraud, DDoS and other nefarious deeds are increasingly being hired out to sophisticated hackers for specific purposes, says Symantec researcher Kevin Haley.
The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
On the one-year anniversary of al-Qassam Cyber Fighters' first announcement about DDoS attacks against U.S. banks, experts discuss what may happen next, including whether the group will join forces with the Syrian Electronic Army.
In the wake of a year of attacks waged against banking institutions by Izz ad-Din al-Qassam Cyber Fighters, the FS-ISAC's Bill Nelson and the ABA's Doug Johnson say the need to regularly update DDoS preparedness is a critical lesson learned.
OpUSA's planned Sept. 11 DDoS against U.S. banks and governmental agencies proved to be uneventful, experts say. But they warn that other potential attacks, especially those with a Syria connection, could prove to be far more serious.
If Iran is behind distributed-denial-of-service attacks targeting American banks, should the United States retaliate aggressively with a Stuxnet-like response? Learn why the Atlantic Council's Jason Healey thinks that's a bad idea.
Federal authorities are warning banking institutions and government agencies about a wave of DDoS attacks that could strike on 9/11. Learn what steps the FBI suggests should be taken to mitigate the threat.
As security professionals in other business sectors prepare for potential DDoS attacks, here are three important lessons they can learn from the successful defenses in the financial services industry.
Three U.S. banks have been targeted by new DDoS attacks that apparently had little impact. As bank defenses improve, some experts say the attackers may shift targets to other industries affecting critical infrastructure.
The old saw of a blind squirrel fortuitously finding an acorn reminds the Atlantic Council's Jason Healey of cyber-assailants from third-rate cyber-power Iran, believed to be behind DDoS attacks on U.S. banks.
DDoS attacks launched by hacktivists are often viewed as little more than an interruption to online services. But Terry Ray of Imperva highlights a greater worry hidden behind these attacks.
Who is Izz ad-Din al-Qassam? In this analysis, Information Security Media Group weighs the evidence about whether this is an independent hacktivist group or a front for a nation-state or a crime ring.
How is one of the nation's top 20 bank holding companies fighting fraud? Find out directly from Matthew Speare, Senior Vice President of Information Technology for M&T Bank Corporation, as he spends an hour taking your questions about a variety of banking fraud topics, including:
Account takeover trends and the...
Izz ad-Din al-Qassam Cyber Fighters' attacks on U.S. banks are back, and strikes waged July 31, without a doubt, prove it, says Akamai's Mike Smith. So why are security experts so puzzled by recent DDoS events?
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