Hutton Hotel says it failed to spot that its point-of-sale systems were compromised by malware for over three years. Separately, Noble House is now warning that its breach investigation uncovered 10 malware-infected hotels or restaurants.
The need for an adaptive security approach, the shift from breach prevention to detection and a surge in spending on information security were some of the key themes at the recent Gartner Security & Risk Management Summit in Mumbai.
A report on the implications of failing to notify manufacturers of security flaws in their medical devices and a conversation with internet co-founder Vint Cerf highlight the latest edition of the ISMG Security Report.
In their quest for easy ways to extort victims into giving them bitcoins, cybercriminals continue to double down on crypto-ransomware attacks and increasingly target enterprises, seeking proportionally higher paydays.
Kimpton Hotels & Restaurants is warning that all 62 of its hotels suffered a POS malware infection this year that resulted in the compromise of cardholder data. So far it's unclear if the attack relates to breaches of Oracle MICROS or other POS vendors.
Following the $81 million Bangladesh Bank hack, "persistent, adaptive and sophisticated" attackers have continued to compromise banks' local security controls to send fraudulent money-moving messages via SWIFT's interbank messaging network, and, in some cases, successfully steal money, SWIFT warns.
Brazen ATM thefts from financial institutions in Taiwan and Thailand have sent a shiver through the global banking industry. An inside look at the malware used in the attacks reveals attackers' clever, incremental improvements.
Intelligence agencies sometimes seek out and develop exploits for the very technology that their nation's organizations rely on to secure their data. In an interview, cybersecurity expert Alan Woodward offers insights on how information security professionals should respond.
Thai police say they have identified all of the suspects allegedly involved in recent "jackpotting" malware attacks against 21 ATMs, leading to the theft of 12 million baht ($350,000). The malware is a new strain called "Ripper," raising concerns for banks worldwide.
A report on an FBI warning to state election officials that their IT systems could be hacked leads the latest edition of the ISMG Security Report. Also, Australian officials mull bitcoin technology to secure elections.
To keep up with emerging threats, banks and other organizations in Saudi Arabia and throughout the region must develop much more mature incident response functions, says Mohammed Almozaiyn, who heads incident response for a leading Saudi bank.