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.
Many Asia-Pacific organizations are woefully unprepared to detect and respond to data breaches, according to Mandiant's M-Trends Report 2016. In fact, the report finds that the median amount of time it takes to discover an attack in the region is 520 days.
Two hotel chains - Millennium and Noble House - are warning that they've suffered point-of-sale malware infections that compromised customers' payment card data. Both say they were alerted to related card fraud by the U.S. Secret Service. Could the breaches be tied to the Oracle MICROS breach?
A UAE-based activist targeted by a rare and valuable remote exploit for Apple's mobile software has caused concern over the continued sale of powerful spying tools to governments with poor human rights records.
A report exploring how some organizations have been stockpiling bitcoins to use to pay off attackers if, or when, they become victimized by ransomware attacks leads the latest edition of the ISMG Security Report.