CISOs are gaining additional discretionary powers to make risk-based decisions, especially as organizations implement the ISO 27035-3 incident response standard, says Khawaja Mohammad Ali, CISO of a large federal bank in Pakistan.
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.
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.
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."
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.
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
It might be new, but are we ready to call this "normal?" In this latest in a series of CEO/CISO panels, cybersecurity leaders talk frankly about the new risk surface and the role emerging technologies play in helping us keep pace with our adversaries.
TikTok and WeChat both received reprieves over the weekend that helped avert U.S. blocks of their social media apps. President Donald Trump says he has given his "blessing" to a deal that would see Oracle and Walmart take a stake in TikTok's U.S. operations. Separately, a federal judge suspended a WeChat ban.
The key element for a successful fraud fusion center in banking is for fraud and security teams to work together using a simple methodology to prevent, detect and resolve fraud, says technology adviser Ben Wallach, the former executive vice president and chief fraud director at BB&T, a U.S. bank holding company.
The posting on Russian underground forums of source code for the Android mobile banking Trojan Cerberus has led to an increase in attacks as well as updates to the malware, the security firm Kaspersky reports.
Mozi, a relatively new peer-to-peer botnet, is now dominating global IoT network traffic, according to a new report from IBM's X-Force unit. The malware is being used to launch DDoS attacks as well as mine for cryptocurrency.
The latest edition of the ISMG Security Report analyzes whether a leaked database compiled by a Chinese company should be a cause for serious concern. Also featured are discussions on vulnerability disclosure challenges and risks posed by using social media apps for payments.
The U.S. Treasury Department on Thursday imposed sanctions on an Iranian advanced persistent threat group, 45 associated individuals and a front company the Iranian government allegedly used to run a years-long malware campaign that targeted Iranian dissidents, journalists and others.