Hackers were using a Facebook page as a how-to site for financial crime and to sell banking Trojans. One RSA security expert says this public promotion signifies the mainstreaming of "fraud-as-a-service."
A 143-point drop in the Dow Jones Industrial Average proves the power of social media and the havoc it can cause when an account gets hacked. It's time for social media companies to tighten the authentication process.
Attacks against Facebook, Twitter and other organizations over the past few months should send a message to business owners that they need to better fund cybersecurity, IT security expert Mischel Kwon says.
Even the brightest technologists aren't immune from cyber-attacks. Just ask Facebook. The social-media company says it fell victim to a sophisticated attack in which an exploit allowed malware to be installed on employees' laptops.
Federal regulators have issued draft guidance for the use of social media. What are the specific security risks? The FDIC's Elizabeth Khalil discusses how banking institutions can address emerging threats.
IBM's Dan Hauenstein, in analyzing Big Blue's 2012 Tech Trends Report, says security concerns often inhibit the adoption of four technologies: mobile, cloud, social business media and business analytics.
Social media platforms are ever-evolving. But organizations' and individuals' use of social media has not evolved and may create new risks, says educator Sherrie Madia. How should we manage these risks?
Imagine sitting in a bar, as a stranger snaps a photo of you, and then uses that image to find out who you are using facial recognition technology. It's the type of practice that the staff of the U.S. Federal Trade Commission wants to discourage.
The benefits from employing social media as a way to connect with stakeholders outweigh the risks, says David Bradford, the editor of a new survey of risk managers. Still, he says, the risks must be adequately addressed.