In the wake of DDoS attacks aimed at five banks, and a fraud alert from FS-ISAC, U.S. banking institutions are taking several steps, including upping technology investments. What other actions are they taking?
Website outages at leading U.S. banks have garnered global attention. But how concerned should European institutions be that they could be the next targets? A London-based security expert shares insight.
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.
If Congress banned the sale of computer wares from Chinese companies to prevent backdoor spying, components made in China would still make it to American shores through products sold by other vendors. Virtually all of them contain Chinese-made parts.
The continuing loss of data to China suggests that the federal government should carefully assess the cybersecurity implications associated with the expansion of Chinese cloud and mobile providers in the U.S.