Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
The fraud landscape in Asia varies considerably, but in many countries, fraud costs are rising. Among the key factors are the growth in cashless transactions as well as mobile apps, says Greg Russell, head of IBM Trusteer APAC.
A security breach is always a sensitive topic - but especially so during a merger or acquisition. Ofer Israeli, CEO of Illusive Networks, discusses how deception technology can help prevent disruption by a cyberattack during M&A activity.
The noose appears to be tightening around the Dark Overlord, a group of international hackers who have stolen and held for ransom sensitive information from dozens of companies, healthcare organizations and U.S. public schools. Serbian police say they've arrested a suspect in cooperation with the FBI and U.K....
The Trump administration has eliminated the top cybersecurity coordinator role in the White House. The decision has earned a sharp rebuke from lawmakers and former government officials, who say cybersecurity demands a greater - not lesser - prominence in the federal government.
Mexican officials are investigating a series of technical glitches that may have been a prelude to a large cyberattack affecting at least five banks, according to news reports. While the full scope of the incidents remains unclear, up to $20 million may have been stolen.
Aditya Birla Group, one of the largest conglomerates in India, has been cryptojacked, with more than 2,000 computers of various companies within the group affected, according to the Economic Times. What can be done to help prevent such attacks?
With the rise of P2P payment networks and the U.S. working toward a real-time national payments network, the push is on to battle fraudsters. Also, attackers are hacking legitimate websites to more stealthily distribute "Gandcrab" crypto-locking ransomware.
The Gandcrab ransomware has been a moving target. Since it was discovered in January, it quickly became one of the most widely distributed file-encrypting malware programs. Researchers with Cisco say they've now found it seeded within legitimate websites, making its spread tougher to stop.
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story. Jim Apger of Splunk discusses reading and reacting to these stories.
If operational technology systems need to get connected to IT systems, it's essential to have tight controls on the network, says Lam Kwok Yan, professor of computer science and engineering at Nanyang Technological University in Singapore.