Malicious criminal attacks have doubled, and the average cost of a data breach has increased to $204 per compromised record.
These are the headlines from the 5th annual "Cost of a Data Breach" study by the Ponemon Institute.
Interview with Srinivas Mukkamala
When it comes to incident response, there's nothing for critical than first response. And first response skills are exactly what students are attaining in a unique information assurance program offered by New Mexico Tech.
In an exclusive interview, Srinivas Mukkamala of New...
This past Independence Day weekend, hackers targeted government and business websites in the United States and South Korea, causing confusion for network managers to differentiate between legitimate and illegitimate web traffic.
Security related incidents such as these have become not only more numerous and...
As TJX, Hannaford and Heartland have taught us, incident response isn't just about reacting to your own institution's security breaches - it's about what happens when your card processors, merchants and vendors are compromised.
Register for this session for insight on:
How to immediately respond to a payment...
The Heartland data breach and July's denial of service (DDoS) attacks against government agencies are among the biggest information security incidents of the year. And they've pushed incident response into the spotlight.
Peter Allor is on the Steering Committee of the Forum for Incident Response and Security Teams...
A veteran cybersecurity pro, Shane Sims shares his insights on trends he's seeing as cybercrime continues to hit all companies, including financial institutions. Sims is currently a Director in the Forensic Services practice at PricewaterhouseCoopers, where he provides investigative, forensic technology, security...
Information security will be among the top 10 business drivers for retail financial institutions in 2009, says a leading research firm. Along with the current economic environment, regulatory change and compliance, financial institutions will face challenges in developing short- and long-term strategies to mitigate...
Internal auditing has always been a key function within financial systems, and it becomes even more so when it comes to IT and information security.
In this exclusive interview, David Richards, President of the Institute of Internal Auditors (IIA), discusses:
The key differences between internal and IT...
Insider threat is a growing criminal activity, and given economic conditions there is a high risk of this fraud occurring -- especially in the event of banks merging, being acquired and employees being laid off.
What steps can financial institutions take to safeguard themselves from the insider threat? To fully...
Howard Schmidt, a recognized information security thought leader, offers exclusive insights as new president of the Information Security Forum.
Schmidt, a household name in information security circles since his days as CISO and information security leader at Microsoft and eBay, discusses the global war against...
When I started this job a year ago and reached out to banking/security leaders, the overwhelming message I got was "Security awareness - we don't do it well."
For banking institution employees, maybe there was an information security training seminar when they first started. Or an occasional workshop on identity...
The clear message from banking regulators in their Senate testimony is: Banks are hurting.
The follow-up question is: Exactly how badly are they hurting, and how will their pain trickle down to impact information security programs and priorities?
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