Another day, another data breach in the news. Ransomware at a hospital, the latest IRS breach, a phishing scam at Snapchat . . . you tune out the details. For every breach that makes headlines, dozens of other organizations have had data stolen or corrupted by hackers...or even their own users. Cyberthreats become...
The ransomware epidemic can be compared to the earlier heyday of viruses, albeit it is costing enterprises and individuals serious money. Charanjit Sodhi of Nomura Services takes a deep dive into the tactics used today and how enterprises can effectively counter them.
Concern about privacy spurs consumers to work more closely with their banks, says Robert Zerby, vice president and financial crimes manager within the Community Banking Risk Management division at Wells Fargo Financial Crimes Risk Management.
An investigation into last year's attempted theft of $170 million at India's state-owned Union Bank has found strong similarities with the Bangladesh Central Bank heist, which was attributed to North Korea, and resulted in an $81 million loss.
Park a police car beside a road, and traffic slows down. David Pollino of Bank of the West takes a similar approach to mitigating the insider threat at the institution. What is the bank's 'noisy' program, and how does it discourage rogue behavior? Pollino explains.
A report outlining new ways to recruit and retain cybersecurity professionals in the U.S. federal government leads the latest edition of the ISMG Security Report. Also, the sector considered the most cybersecurity challenged, and the growing interest in virtual private networks.
Legislation to direct the National Institute of Standards and Technology to create a set of tools, best practices and guidance to help small businesses protect their digital assets is heading to the U.S. Senate.
As the threat landscape evolves, with risks exposed by newer technologies and commoditization of attack infrastructure, the motives of targeted attackers may also be evolving as they try new ways to influence change in an increasingly digital world.
In the wake of a recent breach of the Singapore Ministry of Defense's I-net system, the ministry has unveiled a cyber defense strategy to help guard against similar attacks. Some 2,600 cyber defenders will be trained.
Hackers have been targeting the likes of AOL and Yahoo, in part, because a certain generation of users - including many senior U.S. officials - continue to use the services to send and store state secrets. Let's make sure future generations don't make similar mistakes.
IRDAI's draft information and cybersecurity framework developed in collaboration with industry working groups is set to be finalized soon. The draft is fairly comprehensive and will set a serious tone for security at a board level, experts say.
A coding error by Cloudflare exposed data relating to more than 2,500 Singapore websites owned by various organizations in private and public sectors. SingCERT has issued a related security advisory with mitigation steps, but do such alerts prompt action?
In an analysis of Verizon's new Data Breach Digest 2017, Ashish Thapar, the company's APJ managing principal for investigative response, highlights the need to improve the security of the IoT infrastructure and offers breach response insights based on case studies.
FS-ISAC is collaborating with the Monetary Authority of Singapore to establish the Asia Pacific Regional Intelligence and Analysis Center to encourage regional sharing and analysis of cybersecurity information within the financial services sector. Security experts weigh in on the value of the initiative.