"The misfortune here for the banks is that they can have the best fraud-detection systems out there ... but it all breaks down when they call the 'hacker' to verify the transaction," says Gartner's Avivah Litan.
Verisign Inc. may have followed the letter of the law when revealing a series of breaches in an SEC filing. But the company that assures the flow of a hefty portion of Internet traffic should have been more forthright to ease the minds of its various constituencies.
Establishing an effective security incident response program is a key component of an information risk management strategy. And NIST has issued draft guidelines to help organizations implement such a program.
"Iran's intelligence operations against the United States, including cyber capabilities, have dramatically increased in recent years in depth and complexity," National Intelligence Director James Clapper says.
IT security provider Symantec says it identified multiple publisher identifications on the Android Market that are being used to push out Android.Counterclank, which it characterizes as a bot-like threat that can receive commands to carry out certain actions, as well as steal information from the device.
People, as much as anything else, are a critical aspect of information risk management, and businesses and government agencies must monitor employees - and educate them, as well - to thwart a potential threat from within.
"Accountability for security and privacy in public cloud deployments cannot be delegated to a cloud provider and remains an obligation for the organization to fulfill," NIST Computer Scientist Tim Grance says.