In-brief: U.S. banking giant JP Morgan Chase is limiting employees’ access to the SWIFT messaging service, the latest response to a string of attacks on the critical, interbank service.
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Was Malware Behind A Billion Dollar Heist?
In-brief: The New York Times reports on a massive online heist involving more than 100 banks worldwide and losses of between $300 million and $1 billion, according to the security firm Kaspersky Lab.
US Postal Service Suspends Telecommuting Following Massive Data Breach
Following a publicized breach at the US Postal Service, that organization is discontinuing virtual private network (VPN) connections into its network, according to reports. The Postal Service took the unusual step after acknowledging, earlier this week, that a breach of their network security exposed data on 800,000 employees and 2.9 million customers. According to a statement from a USPS spokesman to the online publication Dark Reading, the virtual private network (VPN) service for postal employees was taken down this weekend and will not be brought back up until a version with more “robust security features can be installed.” “As a result, telecommuting has been suspended until further notice,” he said. Remote access tools including VPNs and remote desktop applications like Citrix are a frequent source of compromises of corporate networks. Most recently, compromised employee systems are believed to be the source of an attack on JP Morgan’s network. VPN software that was vulnerable to the […]
Chief Security Officer: The Toughest Job In IT?
Register now for our CISO Hangout with Jon Trull of Qualys, the former Chief Security Officer for the State of Colorado. Chief Information Security Officers (CISOs) are in the news a lot these days. The breaches at prominent corporations like Target, Home Depot and (this week) JP Morgan have solidified the consensus that the CISO is a necessary complement to the CIO. They’ve also shone a spotlight on what many consider to be the toughest job in corporate America. After all, successful cyber attacks and data breaches are the quickest path to a ruined corporate reputation. And a strong and capable CISO is increasingly seen as the best defense against such an unfortunate occurrence. (Target’s misfortune was the direct result, some argued, on its lack of a CISO.) With all that in the air, the time couldn’t be better to sit down with some of the top CISOs in industry and the public […]
The New Normal: Wednesday Is DDoS Day At Citi
How common are crippling denial of service attacks aimed at Western banks? Here’s one sign: Wednesday is unofficially “DDoS day” at Citi, according to a Senior Vice President for Information Security at the financial services powerhouse. Speaking on Wednesday at an event hosted by Perdue University, Mamani Older told an audience at CERIAS 2013 that massive distributed denial of service – or DDoS – attacks have become “business as usual” for Citi, and that those launching the attacks have fallen into a predictable schedule of attacks. Hump day, she said, is Citi’s turn to fend off a torrent of Internet traffic designed to interrupt the bank’s operations and sever its connections to its customers, she said. “We should be getting hit right now,” she said. Older was speaking on a panel on the topic of “security metrics” and “security analysis.” The panel was part of CERIAS 13, an annual information security symposium […]