Links in “Cybersecurity/Data Breaches”

That target is for distributed denial of service attacks or DDoS attacks. The University Federal Credit Union in Austin, Texas never thought it would happen to them... until it did. [9/16]

Fraudsters see small businesses as vulnerable—nearly a third of all cyber attacks in 2012 were aimed at small business; how banks can help protect their small business customers and earn a greater level of trust in so doing. [9/11]

Among the regulatory issues cited in the survey was data silos within the institution, which make it difficult to share data between different parts of the institution. [9/5]

The fine was relatively small, but the greater damage will be to Citibank's reputation, especially among the 360,000 customers whose information was accessed by the hackers who exploited a breach in online security that the bank knew about and failed to close until the damage was done. [9/4]

Files being uploaded from employee computers to a common file-sharing service seemed innocuous, until it was determined that those employees never created the file-sharing accounts; malware did. [8/20]

The FBI has sent alerts warning that credit unions may experience a cyber attack  on 9/11. Credit unions are encouraged to take reasonable steps to secure their cyber infrastructure and to report suspicious activity to their local FBI Cyber Task Force or to call the FBI’s Cyber Watch Center. [8/15]

Though the New York Times is in a different industry, banking industry IT professionals may find either leading theory for the reason for the outage a worthwhile cautionary tale. [8/15]

Cloud adoption is rising; security needs to keep pace. [8/15]

Industry expert Robin Remines from Ongoing Operations identifies four key steps you should take to ensure that you are ready to sail through your next IT examination. [8/14]

Disposable email accounts used to execute fraudulent transactions that require email verification and fraudsters who call consumers to tell them they have malware on their computer and need access in order to remove them are just two emerging ways of defrauding bank customers. [8/2]