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Archive for December, 2012

Targeted Cyber Attack Poses ‘Credible Threat’ to US Banks

Monday, December 17, 2012 | 8:46 AM 5 comments

The financial industry must prepare for a “mass fraud campaign” that will target 30 of the United States’ banks by spring 2013, according to a new report.

Less than three months after news surfaced that massive denial-of-service cyber attacks shuttered the websites of some the nation’s most prominent banks, including Bank of America and JPMorgan Chase, a new report from security firm McAfee advises that there is still a “credible threat.” Read more…

New Draft of White House Cyber Executive Order Surfaces

Monday, December 3, 2012 | 9:28 AM 5 comments

With Congress focusing much of their time on the fiscal cliff, following another failed attempt to pass cybersecurity legislation, the White House may be a step closer to releasing its anticipated cyber executive order.

In a new draft of the order, dated Nov. 21, the White House made several revisions to a previously leaked version, based on recent meetings held with the private sector. Read more…