Information Security

US banks in the firing line as hackers promise to renew DDoS assault spree

December 17, 2012 - A group protesting about the release of a film mocking the prophet Mohammed has promised to unleash a second wave of Distributed Denial of Service attacks against prominent US banks in the run-up to Christmas.

Report: US banks could face huge cyber attack in 2013

December 14, 2102 - A group of the biggest banks in the US could face a major cyber attack next year, internet security firm McAfee Labs has warned. In a new report, the company said the threat is linked to a malware program known as Project Blitzkrieg, which hackers say has been in development since 2008.

Information Security

SEC Names Todd K. Scharf as Chief Information Security Officer and Associate Director in Its Office of Information Technology

November 29, 2012 - The Securities and Exchange Commission today announced that it has named Todd K. Scharf, Sr. as Chief Information Security Officer and Associate Director in the agency's Office of Information Technology.

Information Security

Banks told to step up security over DDoS attacks

October 26, 2012 - With more than a dozen major bank Web sites targeted in DDoS attacks over the last month, financial institutions need to take steps to ensure they don't become the latest victims, warns the US Financial Services Roundtable's technology unit, Bits.

Information Security

GAO: Additional Federal Actions Could Help Protect Consumer Mobile Device Location Data Privacy

October 11, 2012 - Using several methods of varying precision, mobile industry companies collect location data and use or share that data to provide users with location-based services, offer improved services, and increase revenue through targeted advertising.

Information Security

Lloyds' former security head jailed for nine years for £2.4 million swindle

September 21, 2012 - Lloyds' former head of fraud and security for digital banking has received a nine-year jail sentence after pleading guilty to stealing £2.4 million from the UK banking group.

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