In the last few months, major U.S. banking institutions have been victims of a powerful wave of distributed-denial-of-service attacks that combine three different attack tools. These "Triple Crown" attacks take DDoS to a whole new level. How can institutions improve their defenses?
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Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
CISOs' top three priorities for 2013 are emerging threats, technology trends and filling security gaps, says RSA CISO Eddie Schwartz. But what new strategies should leaders employ to tackle these challenges?
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.
Hacktivists announced Dec. 18 that they planned yet another round of distributed-denial-of-service attacks against five U.S. banks. Wells Fargo confirmed its online banking site experienced outages throughout the day.
A day after Izz ad-Din al-Qassam Cyber Fighters announced plans for a second wave of DDoS attacks, SunTrust, Bank of America and PNC experienced intermittent site issues, and U.S. Bank acknowledged the new threat.
Information sharing proved critical during the recent wave of DDoS attacks that hit leading U.S. banks. What lessons does the experience offer for organizations in other industries? Experts weigh in.
A self-proclaimed member of the hacktivist group Izz ad-Din al-Qassam Cyber Fighters says Iran is not backing DDoS attacks against leading U.S. banks. What else did he reveal about the DDoS attacks?
BITS, the technology division of the Financial Services Roundtable, says DDoS attacks on banking institutions are likely to continue and offers a seven-point strategy for preparation and response.
When it comes to fighting DDoS attacks, institutions must understand the threats against them, says Bill Wansley of Booz Allen Hamilton. Varying attack vectors require different modes of detection and prevention.
The hacktivist group Izz ad-Din al-Qassam launched a series of eight sophisticated DDoS attacks at leading U.S. banks. What lessons have been learned so far, and what additional steps can be taken?
A denial of service attack may pose less immediate risk than a data breach - but it's trickier to respond to, says attorney Ronald Raether. What tips does he offer to organizations targeted by DDoS attacks?
Online attacks aimed at major U.S. banks have helped to heighten industry cooperation and information sharing. But experts say not all attacks are equal, and understanding the motivation behind the attack is key.
Banks struck by the wave of DDoS attacks are communicating badly and missing a great opportunity to educate their customers about cybersecurity, says Gregory Nowak of the Information Security Forum.
The FS-ISAC's decision to increase the U.S. banking industry's cyberthreat level from "elevated" to "high" is way overdue, Aite's Julie McNelley and other experts say. Here's how banking institutions should enhance security.
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