Financial institutions and businesses in other sectors must continually collect information about their online customers to ensure stronger authentication, says Avivah Litan, a fraud expert and analyst for the consultancy Gartner.
The initial phase of the continuous diagnostics and mitigation initiative, a new program to secure government computers, concentrates on helping federal agencies identify and manage their software and hardware assets.
Face-to-face and over-the-phone social-engineering schemes are increasingly used to perpetrate fraud, highlighting the need for more education and real-time transaction monitoring, says Gartner's Avivah Litan.
John Streufert, the DHS director overseeing the rollout of a federal continuous diagnostic initiative to mitigate IT systems vulnerabilities, expects that many state and local governments will participate in the program.
The massive initiative to deploy continuous monitoring at U.S. federal government agencies will be done in phases, with the initial rollout occurring over three years, the Department of Homeland Security's John Streufert says.
Anonymous says its OpUSA attack planned for May 7 aims to 'wipe' government and banking websites from the Internet. Security experts say the threat is real, but are U.S. organizations taking it seriously?
NIST's Ron Ross, a big NASCAR fan, likens new security controls guidance to the tools race-car builders use to prevent drivers from breaking their necks when crashing into a brick wall at 200 miles an hour.
Hacktivists' phase 3 DDoS attacks against U.S. financial services firms have entered their eighth week, and FS-ISAC spokesman Greg Garcia says concerns are mounting that a criminal element to the attacks could emerge.
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.
Malware, DDoS and mobile security aside, one of the biggest risks is organizations' lack of visibility into specific threats. Don Gray of Solutionary explains the need for actionable threat intelligence.