Links in “Technology”

That’s according to a recent report issued by the Online Trust Alliance that looked at over 1,000 data breaches that occurred in the first half of 2014. The report, which states that only 40% of the breaches were the result of external intrusions, identifies 12 basic security measures that entities should take to protect their data. [1/26/15]

A list of the 25 worst passwords you can use. No. 25 offers, at least, good advice: trustno1.

The first 48 hours after a cyber attack are critical. Actions your financial institution take within that window will do much to determine the attack's overall impact. Here are three questions you'll want to be prepared to answer during those 48 hours. [1/21/15]

It's clear that cybersecurity is becoming a bigger issue every day and even the big guys can’t seem to fight hackers. Because of the nature of their business, financial institutions are likely to always be targets of these attacks. That's why AffirmX sat down with computer security expert Jay Ranade. See if he answers your cybersecurity questions here. [1/20/15]

Indian bank allows customers to transfer money to anyone in the country who has a Twitter account, check their account balance, view the last three transactions, and more. Presumably all within 140 characters or less. [1/20/15]

Management confirmed that an investigation is underway, but did not report how many locations or which locations were affected. An anonymous source claims that the primary locations impacted by the breach are located in Georgia, Maryland, Pennsylvania, Texas, and Wisconsin. [1/5/15]

Beginning Jan. 1, digital currencies, such as Bitcoin, became valid in California, where only US dollars were valid before. The new bill doesn't oblige vendors to accept alternative currencies, but allows them to. [1/5/15]

FBI is looking into whether banks have enlisted the aid of hackers to disable servers used by Iran to attack banks. When it comes to cyber security, the best defense may be a good offense, but is it legal? [12/31/14]

Group uses public photo of a German government official and a computer program to reproduce the official's fingerprint to overcome security measures. The group hopes to highlight the potential exploits in newer technology. Perhaps biometrics alone will not be enough. Perhaps rumors of the impending death of the password have been exaggerated. [12/29/14]

At one time, outsourcing initiatives for financial institutions were looked upon as some level of management failure. Today it is considered a vital part of the banking business. This is one of four tech trends that became clear in 2014. [12/23/14]