High-speed trading firm Virtu Financial says it lost $6.9 million in a business email compromise scam in May. The company is now suing its insurer for failure to cover the loss.
Qualcomm is prepping patches for its Snapdragon Digital Signal Processor, used in an estimated 1 billion or more Android devices, after researchers at Check Point counted 400 flaws that attackers could exploit to take control of devices and steal all data they store.
The Domain Name System, which is at the heart of the internet, is a rich source of data that can help organizations defend themselves against cybercrime. DNS pioneer Paul Vixie says monitoring DNS traffic is crucial, and it's advisable to run your own recursive resolver.
The fight against fraud requires more than using the right technologies; it requires understanding threat actors' techniques, says Robert Villanueva of Q6 Cyber.
A recently uncovered BEC scam has targeted the Office 365 accounts of executives at over 1,000 companies worldwide, collecting more than 800 sets of credentials in an attempt to commit payment fraud, according to Trend Micro.
Reddit had a very "Make America Great Again" weekend, as more than 70 subreddits were temporarily hijacked and used to post "MAGA" messages in support of U.S. President Donald Trump. Attackers claim they used social engineering and password stuffing to compromise the accounts.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
President Donald Trump's executive order banning the Chinese-owned TikTok and WeChat apps could prove to be unenforceable, some privacy and security specialists say. But some Republican lawmakers hailed the move, citing the national security risks posed by the apps.
President Donald Trump, citing national security concerns, has signed two executive orders that will ban the Chinese-owned social media platforms TikTok and WeChat from the U.S. within 45 days. The orders appear designed to accelerate the sale of the two platforms to American firms.
An effective "zero trust" strategy requires creating a frictionless experience for the remote workforce, according to a panel of security experts, who describe the essential elements.
Machine learning can play a significant role in mitigating money laundering risks, says Andy Gandhi, managing director, data risk and compliance at the consultancy Alvarez and Marsal.
High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
The latest edition of the ISMG Security Report analyzes the hijacking of a virtual court hearing in the Twitter hacking case. Also featured: Why network segmentation is more important than ever; update on Windows print spooler vulnerability.
One day, you may drive your Tesla Cybertruck on Cyber Monday to your cybersecurity job, backed by a cyber insurance policy as you safeguard cyberspace against the threat of cyberwar. Or cyber whatever, since we've obviously entered the era of "maximum cyber." But what does cyber even mean?
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
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