Consumers want more digital capabilities from their commercial banks – 70 percent of commercial banking customers use online or mobile banking each week, but they are looking for more.
Account information for approximately 900 Morgan Stanley clients was, briefly, available online. One employee has been fired so far in the incident, and an investigation is ongoing.
The U.S. Justice Department is creating a unit within the criminal division to advise on electronic surveillance in cyber investigations and work with the private sector to prevent online crime.
As the list of major U.S. retailers hit by credit card hackers continues to grow this year, Americans are more likely to worry about having credit card information they used in stores stolen by computer hackers than any other crime.
The Cisco 2014 Midyear Security Report, released at Black Hat U.S. examines the “weak links” in organizations that contribute to the increasingly dynamic threat landscape.
A new report from the Center for Strategic and International Studies (CSIS) and sponsored by McAfee, says that cybercrime costs businesses approximately $400 billion worldwide,with an impact on approximately 200,000 jobs in the U.S. and 150,000 jobs in the EU.