Federal Agencies Release Ransomware Resources
Several federal agencies today released two new resources developed to inform senior executives at critical infrastructure entities of the threat of ransomware.
Browsing: Cyber crime
FBI Updates Business Email Compromise PSA
The FBI on Tuesday released an updated public service announcement to provide new information and statistical data related to business email compromise scams.
ABA Applauds Proposed Botnet Legislation
ABA today thanked members of the Senate Judiciary Committee for introducing the Botnet Prevention Act of 2016 (S. 2391), which would enhance the Department of Justice’s efforts to combat cyber threats, including distributed denial of service and other botnet attacks.
Social Engineering: The Art of Human Hacking
Each year, millions of dollars are lost to a type of fraud that’s particularly difficult to detect and stop, and it’s all based on a criminal’s ability to exploit a basic human characteristic: the tendency to trust.
ABA Op-Ed: ‘Strong Security Standards Are in Everyone’s Interest’
The retail industry’s continued emphasis on static technologies impedes innovation and stands in the way of consumer protection, said ABA SVP Jess Sharp in an op-ed in The Hill today.
DHS Kicks Off Cybersecurity Exercise
The Department of Homeland Security today kicked off its biennial, congressionally-mandated “Cyber Storm” exercise.
ABA Offers Consumer Tips for Mobile Security
In advance of National Consumer Protection Week, March 6-12, ABA today published a press release highlighting 12 ways that consumers can better secure their mobile devices.
Report: Costs of Cybercrime on the Rise
The median cost of cybercrime has increased by nearly 200 percent over the past five years — costing the global economy approximately $450 billion each year — and will likely continue to grow, according to a report released yesterday by Hamilton Place Strategies.
FDIC Publication Covers Cybersecurity, Lending Topics
The lead story in the winter 2015 issue of the FDIC’s Supervisory Insights publication focuses on how banks can enhance their information security programs to address evolving cybersecurity threats and gives an overview of the regulatory response to the recent rise in cybercrime.
OCC: Underwriting and Cyber Risk Are On the Rise
The Office of the Comptroller of the Currency will make credit risk and cyber risk a focus over the coming months, the agency said in its Semiannual Risk Perspective report released today.