Insurance claims being filed by ransomware victims are growing as criminals continue to hit businesses with crypto-locking malware. To avoid these claims, organizations can take a number of proven steps to better protect themselves, says Payal Chakravarty of Coalition.
Ten years from now, "the ability to transact on a global basis will continue," says Nick Coleman, CSO, real-time payments at MasterCard, who adds, "Maybe my car will buy stuff for me." Coleman discusses the future of digital payments and the technologies that can help secure that future.
Indian hyperlocal logistics provider Grab says it wasn't hacked by a Malaysian hacktivist group. DragonForce Malaysia posted last Saturday on Twitter and Telegram the purported details of Grab delivery personnel. The group is amid an active campaign dubbed OpsPatuk against Indian targets.
The overlying problem in cybersecurity is scale and the complexity that comes from that scale, says Philip Reitinger, president and CEO of the Global Cyber Alliance. He says we need to simplify how we defend ourselves and "give individuals and companies products that meet them where they are."
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
Iranian hackers may be responsible for rocket sirens sounding for almost an hour in two Israeli cities on Sunday night. This comes amid heightened tensions between Tehran and Jerusalem and discovery of a phishing campaign in Israel that cybersecurity firm Check Point has attributed to Iran.
Ransomware struck global currency exchange and remittance company Travelex on New Year's Eve 2019. Don Gibson, a security architect at Travelex, became publicly linked with the incident, and the undesired attention he received contributed to a health situation that nearly led to a tragic outcome.
A new Android malware that can steal financial data, credentials, crypto wallets, personal data and cookies; bypass multifactor authentication codes; and remotely control infected devices is targeting online banking customers and financial institutions, cybersecurity researchers at F5 Labs say.
Evolving to a zero trust architecture can be overwhelming for organizations, leaving many unsure of where they should even start. Cloudflare Chief Security Officer Joe Sullivan urges CISOs to break the journey into bite-sized chunks that can be easily digested.
The U.S. Department of Justice, together with law enforcement partners in Germany, the Netherlands and the United Kingdom, has dismantled the infrastructure of a massive Russian botnet known as RSOCKS, which hacked millions of computers and other electronic devices around the world.
Phishing is no longer restricted to just emails. As attackers broaden their arsenal, businesses today also need to be on the lookout for impersonation attempts via SMS text messages or voice calls, says Roger Grimes, a data-driven defense evangelist at KnowBe4.
The proliferation of IoT devices and cloud has created a more vulnerable attack landscape, while technologies such as AI and deep learning can potentially thwart zero-day threats, says Itai Greenberg, chief strategy officer at Check Point Software Technologies.
In his spare time, ransomware expert Allan Liska recently became a certified sommelier. Branching out from his day job as principal intelligence analyst at Recorded Future, Liska says he's found numerous parallels between the deductive tasting process and threat intelligence.
As the Russia-Ukraine war continues, many commentators continue to highlight the lack of Russian cyberattacks. But The Chertoff Group's Chad Sweet says Russian cyberattacks remain fast and furious, although Moscow continues to publicly downplay both the attacks and their relative failure.
Until its disruption earlier this year, the Russian-language Hydra marketplace was the world's largest darknet market. Studying how Hydra became such a success will be key to tracking and disrupting future darknet markets, says Ian Gray, senior intelligence director at Flashpoint.