Indian IT outsourcing giant Wipro says it's working with several partners to expedite the investigation into abnormal activities on some of its employee accounts as a result of an advanced phishing campaign, in addition to its work with a forensics firm. But it denies it's migrating to a new email platform.
Facebook has set aside $3 billion from its first quarter profit to pay for what is likely to be a record-breaking fine from the U.S. Federal Trade Commission. But will mega-fines lead to the reform of tech giants' questionable privacy and security practices?
Google is facing questions from Congress about Sensorvault, its database that stores the geolocation data of millions of Android users, which has sometimes been shared with police as part of criminal investigations.
A sophisticated supply-chain attack dubbed Operation ShadowHammer is becoming more pervasive, with the group targeting online gamers, security researchers at Kaspersky Lab warn.
For the first time, members of the secretive "Five Eyes" intelligence-sharing group will make a joint public appearance to discuss how they collaborate, sharing a stage in Glasgow, Scotland, during the CyberUK conference. The Five Eyes alliance comprises Australia, Canada, New Zealand, the U.K. and U.S.
Organizations face a variety of security challenges as they attempt to secure their environments from the ever-changing threat landscape. As they look to gain more insight from their security devices, while gaining improved speed to detect and respond, managed detection and response is becoming a go-to solution.
Everett Stern, the whistleblower who called attention to HSBC's international money laundering activities, which ultimately resulted in a $1.9 billion fine, says the crackdown on financial fraud still has a long way to go. He'll be the keynoter at ISMG's Fraud and Breach Summit in Chicago on May 14.
Known for targeting banks and ATMs in Russia and other Eastern European countries, the "Silence" gang apparently is now expanding into other regions, using a combination of custom malicious tools and "living-off-the-land" techniques, researchers report.
Facebook has fixed a security vulnerability in its digital marketplace that could have been abused to identify the precise location of a seller, and by extension, their goods. Police warn that thieves regularly trawl location data to find the owners and locations of high-value items.
Latha Reddy, India's former deputy national security adviser, says the nation should designate election infrastructure as "critical information infrastructure" to help ensure that cybersecurity is a much higher priority. She also spells out other critical steps.
Fraud, e-hustles and social engineering attacks continues to proliferate, the FBI's latest report into the state of internet crime confirms. But over the past year, a new FBI tactic for quickly stopping fraudulent wire transfers has notched notable successes.
Marcus Hutchins, the British security researcher who helped stop the massive WannaCry ransomware outbreak in mid-2017, has pleaded guilty to developing and distributing "Kronos" banking malware.
"Move fast and break things," Facebook CEO Mark Zuckerberg once said of his company's internal motto. But regulators have been increasingly signaling to Facebook that when it comes to users' privacy and data security, too much remains broken.
In recent days, two major companies -Wipro and JustDial - did a poor job of communicating following data leaks. This points to the need for a strong breach notification law in India.
Robert Mueller's report into Russian interference clearly states: "The Russian government interfered in the 2016 presidential election in sweeping and systematic fashion." In the wake of the Trump administration lifting some Russian sanctions, one expert says it must take the opposite tack.
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