As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
One gaping hole in the U.S. government's push to counter Chinese-built 5G telecommunications gear remains the lack of alternatives. But a bipartisan group of senators is seeking to create a $1 billion fund to create trusted, Western-built options.
One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax, which in 2017 suffered one of the largest data breaches in history. The minimum cost to Equifax will be $1.38 billion.
A new Princeton University research paper finds that five major U.S. prepaid wireless carriers are leaving their customers open to SIM swapping attacks. The main culprit is weak account authentication procedures that attackers can easily exploit.
Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?
The British government continues to delay deciding whether it will ban Chinese networking gear from its national 5G rollout, as the Trump administration demands. But with future trade deals on the line as the U.K. navigates its "Brexit" from the EU, Britain cannot afford to anger either Beijing or Washington.
Hackers with ties to the Russian government have targeted Ukrainian natural gas firm Burisma with phishing attacks designed to steal credentials, according to researchers at Area 1 Security. The company is at the center of the impeachment of President Donald Trump.
Microsoft this week issues the final, free security updates for its Windows 7 operating system, as well as Windows Server 2008 and 2008 R2. But with one-third of all PCs continuing to run Windows 7, experts are urging organizations to immediately move to a more modern operating system.
Proof-of-concept code has been released to exploit a severe Citrix vulnerability present in tens of thousands of enterprises. Citrix says it's developing permanent patches but that enterprises should use its mitigation guidance. In the meantime, attackers are hunting for vulnerable machines.
Corporate network security breaches, which can prove costly to remediate and expose a company to lawsuits, are frequently the result of vulnerabilities that could have been fixed for a relatively low cost. A a brute force penetration test is a critical first step in finding those vulnerabilities.
British regulators have fined Dixons Carphone $653,000 for a breach that exposed millions of payment card details and personal data due to point-of-sale malware. The retailer's lack of security contributed to a "careless loss of data," the Information Commissioner's Office says.
The latest edition of the ISMG Security Report discusses "Orwellian" surveillance activity in 2020 via the ToTok app. Also featured: the controversy over enabling law enforcement to circumvent encryption; the cyberattack risks posed by IoT devices.
Reserve Bank of India is proposing the creation of a new digital retail payment system, similar to the National Payments Corp. of India, to expand the reach of digital payments to those who don't use banks and help reduce the dependency on cash.
Organizations in Asia, like those in the United States and around the world, are preparing for potential cyberattacks tied to Iran in the wake of the U.S. killing of Iranian Major General Iranian Major General Qasem Soleimani last week.