New Guidance Released by NIST Redefines Assurance & Trustworthiness for Financial Institutions

On April 30th, 2013 the National Institute of Standards and Technology (NIST) issued their latest version of essential guidance: Special Publication 800-53, Revision 4: Security and Privacy Controls for Federal Information Systems and Organizations.  Led by Ron Ross, a NIST fellow and the project leader, a team of computer scientists spent the past two years […]

2013 Insider Threat to Banks and Credit Unions – Data Leakage

The following is an excerpt from an article regarding the “Top IT Security Threats for 2013” “One of the areas we see a dramatic increase of concern is over data leakage,” says Michael Bruck of Chicago-based BAI Security.  “The ease in which an individual can export sensitive information from an internal network is chilling for […]

Live Experiment Demonstrates Disregard for Bank Security Policy

An experiment carried out within London’s financial district has demonstrated what security experts have been saying for years: employees – even those working with ultra-sensitive financial data – are unaware of or are far too loose with basic security practices. In the experiment, Flash Drives were handed out to commuters as they entered the city. […]

4 Tech Tips for Organizations Planning a Merger

Mergers, Acquisitions and Divestitures require special handling when bringing together two distinct organizations or separating a business from the remaining IT infrastructure. The technical environment can be rife with unsecure access points, un-patched servers, and incorrectly configured firewall settings. Information on the acquired company technical environment may be non-existent or incomplete and depending on the […]

Warning: Large Banks face DoS threats – Small Banks Take Action

When the Financial Services – Information Sharing and Analysis Center (FS-ISAC) raises its threat level from “elevated” to “high”, banks need to take action.  The combination of the recently publicized rise in cyber-attacks against financial institutions and the number of institutions increasingly vulnerable make this a time for action. While the headlines are focusing on […]