Give crooks credit for topicality: They remain loathe to miss a trick. Indeed, hardly any time elapsed after Uber came clean about the year-old breach it had concealed before crack teams of social engineers unleashed appropriately themed phishing messages designed to bamboozle the masses.
With a rise in incidents of omnichannel financial fraud globally, financial institutions need to enhance their ability to detect fraud - while also reducing technical complexity. Maxim Shifrin of IBM Trusteer discusses new solutions.
HealthcareInfoSecurity Executive Editor Marianne Kolbasuk McGee reflects on the just-concluded Healthcare Security Summit in New York in the latest edition of the ISMG Security Report. Also, PCI Security Standards Council CTO Troy Leach addresses ransomware risks.
A British man who was initially arrested on suspicion of hacking English socialite Pippa Middleton's iCloud account has been sentenced to serve a three-year prison sentence after he pleaded guilty to unrelated fraud and blackmail crimes. But he may also have ties to The Dark Overlord extortion gang.
Kaspersky Lab says it "inadvertently" scooped up classified U.S. documents and code from an NSA analyst's home computer, but suggests it wasn't the conduit by which the material ended up in Russian hands. It claims that the computer was riddled with malware.
A security service from McAfee designed to scan and block malicious links sent via email appears to have given a free pass to "Emotet" banking malware, a researcher warned. But McAfee contends that its ClickProtect service worked as intended.
Since last year, North Korean hackers have been targeting businesses in the financial services, aerospace and telecommunications sectors by exploiting a remote administration tool, or RAT, according to an alert issued Tuesday by the United States Computer Emergency Response Team.
A top DHS cybersecurity official says she has seen no conclusive evidence that Russian-owned Kaspersky Lab's security software had been exploited to breach federal information systems. Jeanette Manfra told a House panel most agencies have complied with a directive to stop using Kaspersky software.
How can you battle scammers and fraudsters as well as foster trust and protect the brand? For Gumtree - Britain's largest online classifieds platform, owned by eBay - the answer is simple: trial and error, says fraud communications manager Fergus Campbell.
The latest ISMG Security Reports leads with a top DHS cybersecurity leader, Jeanette Manfra, providing a case study on how information sharing helped mitigate the WannaCry attack in the U.S. Also, the SEC mulls toughening its cyber risk reporting requirements.
Rare, massive data breaches don't necessarily pose the greatest risk to organizations, according to a new study co-authored by Google researchers. Also beware of quiet pedestrian schemes - think phishing, keyloggers - and attack tactics unchanged since the mid-2000s.
A federal judge has dismissed a lawsuit filed against anti-malware software vendor Malwarebytes over its labeling of two applications as being harmful. Plaintiff Enigma Software says it plans to appeal the decision.
The financial sector is under increasing threat from cybercrime syndicates, and the distributed nature of today's predominantly Russian-speaking attackers is making them tough to disrupt, says Rob Wainwright, director of Europol.