The primary mission of the new Global Cyber Alliance is to identify measurable ways to mitigate cyberthreats facing the public and private sectors, says Phil Reitlinger, a former DHS official and Sony CISO, who heads the new group.
The New York Attorney General's settlement with taxi-hailing platform Uber - over alleged customer data privacy violations and a delayed data breach notification - provides a best practice security template for any organization that handles customer data.
While DDoS attacks were once deemed primarily a nuisance, experts now say they're becoming a routine strategy cybercriminals use as part of a campaign to commit fraud or extortion. What are the four key attack trends to watch out for in 2016?
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
Reports on the Ukrainian energy supplier hack have left many crucial questions unanswered: Who was involved, did malware directly trigger a blackout and are other suppliers at risk from similar attacks? Cybersecurity experts offer potential answers.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
A power blackout that recently affected about 1.4 million Ukrainians has been tied to an espionage Trojan called BlackEnergy. The attack appears to be the first time that hackers have successfully used malware to help disrupt energy-generation systems.
Fraudsters consistently work across different channels to defraud banking institutions. And now banks are getting smarter about converging those channels to fight fraud. Bill Sweeney of BAE Systems Applied Intelligence shares insights in this video interview.
Expect rebooted European Union data privacy rules to drive organizations worldwide to begin minimizing the amount of information they collect and store on individuals in 2016, both to protect privacy as well as minimize the impact of data breaches.
To minimize the risk of business email compromise schemes and similar types of fraud, senior executives at businesses should avoid posting information about their activities on social media and other accessible forums, says security expert Chuck Easttom.
Boards of directors that figure out how to leverage cybersecurity as a strategic asset will give their organizations a strong competitive advantage, says Lance Hayden of Berkeley Research Group. "Security needs to be part of what the organization uses to competitively differentiate itself."
In the coming months, the Department of Homeland Security will implement a new cyberthreat information sharing law designed to help prevent breaches. But will the Cybersecurity Act of 2015 really make a difference?
Improving breach detection and defenses involves much more than buying the latest technology, warns security expert Haroon Meer. "We keep moving on as we try to solve new, shiny problems, which we then half solve, but we still haven't completely solved problems that we knew about 20 years ago."