The speed at which IoT is enabling innovation is far outpacing the ability of the security custodians to implement appropriate controls before these devices hit the market. That creates a classic target-rich environment for the bad guys - one that will require vigorous defense and oversight.
Suddenly, onboarding, servicing and securing digital accounts with advanced authentication techniques isn't just a priority for global enterprises; it is the priority. Dean Stevenson of HID Global previews an upcoming virtual roundtable discussion.
Mobile banking startup Dave is just the latest victim of criminal data brokers. Extensive evidence now points to Dave having been hit by a ShinyHunters, which has been tied to the sale of millions of stolen records to fraudsters - either via a phishing attack or hack of a third-party service provider.
CISA is warning that threat actors are actively exploiting a remote code execution vulnerability in F5's BIG-IP network products that can lead to data exfiltration and other security issues. Earlier, researchers and F5 had urged users to patch the flaw.
Garmin has acknowledged that a hack attack that encrypted several of its systems led to outages that affected several of the company's fitness and aviation products along with knocking its homepage and customer service centers offline. As of Monday, several affected services were again operating.
Lazarus Group, a sophisticated hacking group associated with the North Korean government, is using a new malware framework to spread ransomware and steal databases from victims, according to security firm Kaspersky.
Money launderers are devising new tactics during the COVID-19 pandemic. For example, some are coming up with ways to use personal protective equipment, or PPE, as a form of currency, says Debra Geister, CEO of Section 2 Financial Intelligence Solutions.
The U.S. State Department is offering rewards of up to $1 million for information that could lead to the arrest and conviction of two Ukrainian nationals who allegedly hacked the Security and Exchange Commission's EDGAR system server in 2016.
A fresh round of phishing attacks is relying on using trusted services and a well-designed social engineering scheme to trick users into enabling malware to bypass an end point's security protocols, says Aaron Higbee of the security firm Cofense.
The Emotet botnet, which recently surged back to life after a months-long hiatus, is now delivering the Qbot banking Trojan to victims' devices, security researchers say. So far, they've identified about 800,000 malicious emails attempting to spread the botnet.
Twitter says attackers who hijacked more than 130 high-profile Twitter accounts used social engineering to bypass its defenses, including two-factor authentication on accounts. Experts say companies must have defenses in place against such schemes, which have long been employed by fraudsters.