Advice on Using the SASE Model

Geetha Nandikotkur • September 28, 2020

The Security Access Service Edge - or SASE - model can help CISOs make incremental progress on enhancing security while designing a long-term strategy, says Siddharth Deshpande, director of security strategy for Asia-Pacific and Japan at Akamai Technologies.

Cybercrime

Exclusive: Hackers Hit Virgin Mobile in Saudi Arabia

Latest

Cyberwarfare / Nation-State Attacks

Federal Judge Temporarily Blocks Trump's TikTok Ban

Prajeet Nair • September 28, 2020

A federal judge Sunday granted TikTok's request for a temporary injunction to block the Trump administration's order that would have banned the Chinese social media app from the U.S. The order came hours before the ban was scheduled to go into effect.

Card Not Present Fraud

How 'Virtual Cards' Could Mitigate Merchant Fraud Risk

Suparna Goswami • September 28, 2020

Virtual payment cards being tested in Europe and the United States could help mitigate the risk of merchant fraud, says Rui Carvalho of the nonprofit European Association for Secure Transactions.

Cloud Security

Microsoft Shutters Azure Apps Used by China-Linked Hackers

Akshaya Asokan • September 26, 2020

Microsoft removed 18 apps from its Azure cloud platform that were being used by hackers as part of their command-and-control infrastructure. The threat group, called Gadolinium, was abusing the infrastructure to launch phishing email attacks, Microsoft researchers say.

Forensics

Warning: Attackers Exploiting Windows Server Vulnerability

Akshaya Asokan • September 25, 2020

Microsoft and the Cybersecurity and Infrastructure Security Agency have issued warnings that a critical vulnerability in Windows Server dubbed "Zerologon" is being actively exploited in the wild. They urge users to immediately apply an available partial patch.

Breach Notification

Analysis: Are Darknet Markets Here to Stay?

Anna Delaney • September 25, 2020

The latest edition of the ISMG Security Report features an analysis on why criminals continue to use darknet markets, despite the risks. Also featured: Hackers target Virgin Mobile KSA; coping with COVID-19 stress.

Fraud Management & Cybercrime

How a Phishing Awareness Test Went Very Wrong

Jeremy Kirk • September 25, 2020

Training employees to resist phishing emails is key to preventing compromises. But an exercise run by Tribune Publishing Co. created a searing backlash after its phishing exercise tempted employees with bogus bonuses in a year in which they had already endured financial hardships.

Governance & Risk Management

Lessons to Learn From Shopify Data Breach

Doug Olenick • September 24, 2020

Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.

Account Takeover Fraud

Police Crack SMS Phishing Operation

Jeremy Kirk • September 24, 2020

Australian police say they've broken up a sophisticated SMS phishing scheme designed to collect personal details and bank login credentials. It's a rare success in the fight against unsolicited text messages.

Card Not Present Fraud

Battling Payment Card Fraud in the COVID-19 Era

Prajeet Nair • September 24, 2020

The shift to online shopping - and card-not-present transactions - during the COVID-19 pandemic has driven fraudsters to shift their strategies, including ramping up efforts to open fraudulent accounts, says Gord Jamieson of Visa, who offers advice on mitigating the risks.

Cloud Access Security Brokers (CASB)

Drop Everything and Secure Remote Workforce, Gartner Warns

Mathew J. Schwartz • September 24, 2020

Revisiting remote workforce security defenses, simplifying cloud access controls and pursuing risk-based vulnerability management and passwordless authentication are among the 10 security projects that all organizations should consider for this year and next, according to advisory firm Gartner.

COVID-19

COVID-19 Update: 'Live Like You're Contagious'

Tom Field • September 23, 2020

With colder weather, the flu season and the holidays ahead, the northern hemisphere is at risk of another major COVID-19 outbreak. Pandemic expert Regina Phelps says it's time to change behavior, and that starts here: "Live like you're contagious."

Cybercrime

Attacks Using Lokibot Information Stealer Surge

Akshaya Asokan • September 23, 2020

The U.S. Cybersecurity and Infrastructure Security Agency is warning of an uptick in attacks using LokiBot, an information stealer capable of sweeping up credentials. Fraudsters are using new methods to spread the malware.