The latest edition of the ISMG Security Report analyzes why cyberattacks against banks have surged in recent weeks. Plus: The increasingly ruthless tactics of ransomware gangs; cybersecurity strategies for small businesses.
The remote workforce brings more flexibility. But it also comes with unique challenges such as VPN congestion, a greater attack surface and a lack of visibility for security. How can you help remote workers to be both productive and cybersecure? Menlo Security's Kowsik Guruswamy offers advice.
"Hack for hire" groups operating in India are spoofing World Health Organization emails to steal credentials from financial services and healthcare firms around the world, according to Google's Threat Analysis Group.
The identity and access management strategy for the remote workforce should ensure contextual authentication to establish the credentials of the users, apply risk-based authentication for measuring user risk profiles, and establish a multifactor authentication mechanism, a panel of experts says.
As a result of the COVID-19 pandemic, work-from-home employees have rushed to adopt videoconferencing tools. But Kroll's Alan Brill warns that sound security and privacy practices - backed by legal, risk management and HR teams - too often lag. Here are his top concerns and tips on how to address them.
Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
Shadow IT is a growing concerns during the work-from-home shift because endpoint security is not as well developed as network security, says Vikram Mehta, an information security specialist at MakeMyTrip, who offers risk mitigation insights.
Two years after it was last seen in February 2018, ZLoader banking malware has resurfaced, with cybercriminals wielding a new version that gets distributed via email campaigns, security firm Proofpoint warns.
Microsoft is warning Windows users about an ongoing "massive" COVID-19-themed phishing campaign that is attempting to install the NetSupport Manager on devices. Attackers can turn NetSupport into a remote access Trojan, or RAT.
The latest edition of the ISMG Security Report features Retired General Keith Alexander, former NSA director, discussing the long-term security implications of the shift to working from home. Also: an update on ransomware gangs leaking data and an analysis of using open source code for app development.
Bank of America disclosed this week that some customers' data may have been exposed during the uploading of loan applications related to the Paycheck Protection Program - a U.S. government initiative created to provide business loans during the COVID-19 pandemic.
The massive shift to remote working as a result of the COVID-19 pandemic means more organizations are adopting the "zero trust" model, taking such steps as implementing proper access controls, monitoring user behavior and building data governance policies.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about surging COVID-19 themed scams and other "illicit activities," ranging from fraud involving the sale of fake cures, tests and vaccines to price gouging for supplies.
Business and security leaders accept that a hybrid workforce is the new norm - some staff members based in a central office and many others permanently working at home. But what new cybersecurity demands does this strategy present short-term and into 2021? Our expert panel shares insights.
Fraudsters are now using numerous spoofed website templates with COVID-19 themes as part of phishing attacks designed to steal login credentials and banking data, according to Proofpoint.
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