Using Passwordless Authentication for Identity Management

Suparna Goswami • June 5, 2020

A shift to passwordless authentication would help mitigate the risk of phishing attacks and identity theft, says Malaysia-based Shankar Krishnan, CISO and head of information security at Axiata Digital, who offers implementation insights.

Anti-Phishing, DMARC

Modern Bank Heists 3.0: 'A Hostage Situation'

Latest

Cybercrime as-a-service

Report: Tycoon Ransomware Targets Windows, Linux Systems

Akshaya Asokan • June 6, 2020

A sophisticated strain of ransomware called Tycoon has been selectively targeting education and software companies since December 2019, according to a joint report released by BlackBerry and KPMG. Due to its unique development, this crypto-locking malware can target both Windows and Linux systems.

COVID-19

Unilever CISO on Security Priorities for Remote Workforce

Anna Delaney • June 5, 2020

Bobby Ford, CISO of Unilever, a multinational consumer goods firm, says the shift to a work-from-home environment requires an intensified focus on email security as well as identity and access management.

Cybercrime

Malware Uses USBs to Help Steal Data: Report

Akshaya Asokan • June 5, 2020

A hacking group is deploying a new malware strain dubbed USBCulprit that uses USBs and other storage devices to steal data, according to research from the security firm Kaspersky.

Digital Identity

Analysis: Why Identity Management Is Still a Challenge

Nick Holland • June 5, 2020

The latest edition of the ISMG Security Report sizes up progress made so far on identity management and the work yet to be done. Also featured: how security concerns are holding back IoT projects and the privacy issues raised by recording videoconferences.

Cyberwarfare / Nation-State Attacks

Should 'Killer Robots' Be Banned?

Mathew J. Schwartz • June 5, 2020

How big is the step from humans using drones to kill other humans to building lethal autonomous weapons systems that can kill on their own? Ethically and technologically, that's a huge leap. But military planners are working to build what some call "killer robots." And the UN wants them banned.

Cybercrime

Maze Promotes Other Gang's Stolen Data On Its Darknet Site

Doug Olenick • June 4, 2020

The Maze ransomware gang is hosting and promoting data stolen by other ransomware operators on its "Maze News" website, according to IBM researchers, who are concerned this could be a sign of growing collaboration among cybercrime groups.

Account Takeover

COVID-19 Drives Spike in Mobile Phishing Attacks: Report

Akshaya Asokan • June 4, 2020

The shift to working from home during the COVID-19 pandemic has led to an increase in mobile phishing campaigns, with attackers targeting remote workers whose devices lack adequate security protections, according to the security firm Lookout. Many of these campaigns are designed to steal users' banking credentials.

COVID-19

Phishers Use Fake VPN Alerts to Steal Office 365 Passwords

Ishita Chigilli Palli • June 4, 2020

Fraudsters are using fake VPN update alerts to target remote workers in an effort to steal their Microsoft Office 365 credentials, according to the security firm Abnormal Security.

Fraud Management & Cybercrime

How Fraudsters Search for Victims Online

Anna Delaney • June 4, 2020

Mark Johnson, chair of The Risk Management Group, demonstrates techniques that fraudsters use to search for victims online and describes ways to detect fraud schemes.

Governance & Risk Management

Researchers Disclose 2 Critical Vulnerabilities in SAP ASE

Doug Olenick • June 3, 2020

Researchers at the security firm Trustwave have disclosed six vulnerabilities in SAP Adaptive Server Enterprise 16.0 (ASE) database software, with two rated as critical. These two vulnerabilities could enable attackers to perform arbitrary code execution and tamper with a system's data.

Application Security

Survey: Security Concerns Slow Down IoT Deployments

Jeremy Kirk • June 3, 2020

Worries over ransomware and malware are slowing down enterprise IoT deployments, which is a reflection of the reputational and customer relationship risks at stake, according to a new survey. Here's what enterprises need to keep in mind when selecting security technology for IoT.

Cyberwarfare / Nation-State Attacks

Thousands of Exim Servers Vulnerable to Critical Flaw: Report

Akshaya Asokan • June 3, 2020

Thousands of unpatched Exim email servers are potentially vulnerable to a critical flaw that the NSA says Russian-backed hackers are attempting to exploit, according to the security firm RiskIQ, which also warns of two other Exim vulnerabilities that should be patched.