BITS aims to reduce malware at financial firms

BITS, the technology policy division of The Financial Services Roundtable, on Thursday released a new report created to help financial firms understand the risks of malicious code. The paper describes the evolution of malware, how the criminal marketplace functions, popular vectors for attack and recommended countermeasures. The paper concedes that preventive controls are not good enough to stop today's advanced attacks. As a result, organizations should also consider implementing change management, anomaly detection, network access control, breach response protocols and vulnerability management.

Sign up to our newsletters

More in News

Oracle releases Java update to close 37 high-risk vulnerabilities

Updates for the software platform will now arrive on a quarterly basis, beginning in October.

Flaw in BlackBerry Protect app addressed, impacts Z10 smartphone users

To exploit the vulnerability, an intruder would need a user's device password and a bit of skill to access troves of data on the phone.

Tor to blame for its users being unable to access Facebook

Malicious activity on the anonymity software's network tripped Facebook's "site integrity systems."