U.S. banking institutions are reluctant to acknowledge - much less discuss - ongoing DDoS attacks. But in recent regulatory statements, the nation's largest banks are candid about DDoS and its impact.
Call center fraud is becoming a bigger problem for banks and credit unions, and one new scheme identified by a community bank in Georgia illustrates how scams are getting more difficult to detect.
In this week's breach roundup, read about three laptop theft incidents at healthcare organizations, including one that affected 13,000 home care clients.
History shows that DDoS phase 3 may end soon, and banking institutions can expect an even more powerful 4th wave. "There is little reason for the attacks to cease," says Javelin's Al Pascual.
Extortionists employing telephony-denial-of-service attacks - a close relative to distributed-denial-of-service attacks - are targeting emergency communications centers that dispatch first responders.
American Express confirms it was hit this week by a distributed-denial-of-service attack. The hacktivist group that has targeted banks in recent months claims credit for this latest high-profile attack.
In this week's breach roundup, read about three healthcare incidents, including the theft of two unencrypted laptops that contained patient data and paper records scheduled for shredding that went missing.
Was the Spamhaus DDoS incident truly the "biggest cyber-attack in history," as some media outlets dubbed it? And what relation - if any - does it have to DDoS attacks on U.S. banking institutions?
TD Bank and Keybank confirm that their online-banking sites were hit by DDoS strikes last week. And one security expert says other banks were hit by sophisticated attacks as well.
What's the cost to an organization when it suffers a seurity breach and breaks trust with its own customers? Jeff Hudson, CEO of Venafi, presents results of a new survey on the cost of failed trust.
Venafi has just partnered with Ponemon Group to release a new survey, "The Cost of Failed Trust". Among the key...
What can organizations do to improve security after a network attack? Post-breach investigations help security leaders trace steps and strengthen weak points, says investigator Erin Nealy Cox.
In this week's breach roundup, read about the latest incidents, including malicious code that affected South Korean banks and broadcasters, and a virus that impacted Salem State University's servers.
DDoS experts say three online game sites have been hit by Brobot, the massive botnet that since mid-September has been used by hacktivists to attack leading U.S. banks. What do these attacks signal?
The motive behind the cyber-attack on South Korean banks and broadcasters was atypical, as compared to most digital assaults that involve implanting malware on IT systems, says McAfee's Vincent Weafer.
When struck by DDoS, how - and what - should banking institutions communicate with their customers? Doug Johnson of the American Bankers Association advises on post-attack disclosure obligations.
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