Some security practitioners are questioning the audit standards and internal controls maintained by state-run Punjab National Bank in the aftermath of the bank's Wednesday announcement that it had detected fraudulent transactions totaling more than $1.8 billion.
WhatsApp, the global messaging app that has more than 200 million monthly active users in India, has leveraged National Payment Corporation of India's Unified Payment Interface platform to launch its beta payment service that will allow users to send money to other WhatsApp users, excluding merchant accounts.
A U.S. grand jury has taken the extraordinary step of indicting 13 Russian nationals and three Russian companies for allegedly interfering with the U.S. political system, including the 2016 presidential election, in what the Justice Department portrays as "information warfare against the United States."
Cyber intelligence expert Tom Kellermann discusses the significance and impact of the announcement that 13 Russian nationals and three Russian entities were indicted Friday for allegedly meddling in the 2016 presidential election.
Leading the latest edition of the ISMG Security Report: U.S. intelligence chiefs warn Congress that Russia's information operations continue, while Europol says criminals love cryptocurrencies, both for stealing via scams as well as to launder "dirty money."
Criminals in Europe are annually laundering at least $4 billion - and growing - via cryptocurrencies, warns Europol. The agency is calling on regulators and legislators to regulate cryptocurrencies to help battle money laundering and protect consumers.
Attackers recently snuck cryptomining code onto thousands of websites by inserting it into a third-party accessibility plug-in called Browsealoud. Web specifications designed to guard against these types of rogue actions by third-party code libraries already exist. Why aren't more sites using them?
The top U.S. intelligence official has warned Congress that Russia will attempt to meddle in the this year's U.S. midterm elections, a repeat of the country's alleged 2016 U.S. presidential election interference.
Australia is the latest country to roll out real-time payments, where funds from an account at one bank reach an account at another bank in seconds. While convenient, the system poses fresh fraud challenges and consumer protection concerns.
After suffering one of the worst data breaches in history, in which 145.5 million U.S. consumers' personal details were stolen, credit bureau Equifax has hired Jamil Farshchi to serve as its new CISO. Farshchi joins from Home Depot, which hired him after suffering a massive data breach.
Hackers crashed the Winter Olympics, apparently by using destructive malware dubbed "Olympic Destroyer." The attack resulted in the Pyeonchang 2018 website being offline for 12 hours and WiFi unavailable during the opening ceremony, but organizers say no competitions were disrupted.
More than 4,200 websites, some belonging to the U.S., U.K. and Australian governments, have been turning their visitors' computers into mining machines to harvest the virtual currency Monero. The security lapse continues the recent trend of cryptocurrency mining malware overtaking ransomware.
Illegal transactions on the internet have long been conducted in the cryptocurrency bitcoin. But underground vendors are accepting new kinds of virtual currency that may be safer to store and offer more privacy protections, according to a new study of 150 dark web markets and forums.
Google is prepping its Chrome browser to brand as "not secure" every site a user tries to visit that does not use HTTPS encryption by default. The move is meant to push more sites to use HTTPS to secure communications and help block eavesdropping and man-in-the-middle attacks.
The U.S. Department of Justice, in one of its biggest-ever cybercrime disruptions, shuttered the Infraud Organization, an online forum prosecutors tied to $530 million in losses. Thirteen suspects - in Australia, France, Italy, Kosovo, Serbia, the U.K. and the U.S. - have been arrested.