HDFC Bank launched a new cybercrime training program for police. The goal: help officers improve response to fraud and other crimes. What are the program's key elements, and how will success be measured?
The recent Verizon Data Breach Investigation Report notes more than 16,000 incidents in the past year where sensitive information was unintentionally exposed. "Nearly every incident involves some element of human error," the report notes.
An address by FBI Director James Comey at the RSA security conference seems to equate civil liberties and privacy. But when he offers an example of balancing Americans' rights with cybersecurity, he mainly refers to the civil liberties, not privacy.
In light of the critical shortage of information security professionals, organizations must strive to become a "center for security excellence" to successfully recruit the specialists they need, says analyst John Oltsik of Enterprise Strategy Group.
While many organizations rely on employee training to help mitigate the risks of spear phishing, such efforts are generally ineffective, says Eric Johnson of Vanderbilt University, who explains why a technical solution might be better.
The National Institute of Standards and Technology this spring will unveil updated guidance on role-based cybersecurity training, which will help government agencies as well as private businesses to protect information.
Technology is the biggest challenge to ethics and compliance in organizations today, says Deloitte's Keith Darcy. "We have the capacity to do things before we ever consider the ethical consequences ..."
From new malware to the Target breach, cyber-attacks reached an all-time high in 2013, says Cisco's Annual Security Report. Cyberthreat expert Levi Gundert tells how organizations can regain the advantage in 2014.
Target Corp. is providing $5 million to help fund an effort to educate consumers about the risks of cybercrime. Meanwhile, a group of House Democrats had called for a hearing about the retailer's breach, while two senators have demanded details.
Training that's designed to help workers avoid clicking on links from spear-phishing e-mails may be ineffective because employees often fail to read training materials, says Eric Johnson, a Vanderbilt University professor who's co-author of a new study on the subject.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
Managers at all levels must understand their responsibilities in providing role-based cybersecurity training, says Patricia Toth, a computer scientist at the National Institute of Standards and Technology.
Wayne Dunn, CTO of HarborOne Bank in New England, says improving vendor management is a top security priority for institutions in 2014. As more core banking functions are outsourced, due diligence becomes increasingly critical.