The ISMG Security Report leads with a discussion about the sale of compromised remote desktop protocol credentials for as little as $3 on darknet marketplaces. Also, grading the performance of DHS in sharing cyberthreat information.
Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.
Prasanna Lohar, head of technology at DCB Bank, describes how 20 banks in India are working together to identify the best ways to leverage blockchain technology to help fight fraud and improve services, such as customer onboarding.
Many enterprises use remote desktop protocol to remotely administer their PCs and mobile devices. But security experts warn that weak RDP credentials are in wide circulation on darknet marketplaces and increasingly used by ransomware attackers.
In the wake of recent massive data breaches, such as the Equifax hack, a flood of stolen data is leading to a whole new wave of account takeover crimes, says Emma Mohan-Satta of Kaspersky Lab. How can organizations refine their defenses?
"Are we vulnerable to the attacks that are being reported in the media?" All CEOs and boards of directors should be asking that question of their information security team to ensure they don't suffer the same fate - especially when it comes to ransomware outbreaks, says David Stubley of 7 Elements.
A 21-year-old man appeared in British court this week to face 11 charges, including using DDoS attacks to disrupt sites run by Google, Pokemon and Skype, as well as money laundering and selling malware and "crypting services."
Following the WannaCry outbreak, the British government says it's increased cybersecurity funding for England's national health service. But in addition to funding shortfalls and poor cybersecurity practices, experts have also blamed management failures, in part by the U.K. government.
It's a score to find a severe software vulnerability in a widely used Google product. But finding information on all unpatched software flaws reported to Google is a whole new, frightening level. Here's how one researcher did it.
When it comes to warding off phishing attacks, too many organizations are reliant on internal awareness campaigns. But a more proactive defense and controls are needed, says John "Lex" Robinson of PhishMe.
The latest edition of the ISMG Security Report leads with an analysis of a British parliamentary probe into the WannaCry ransomware attack on England's National Health Service. Also featured: a discussion of cyber threats posed by outdated industrial systems.
The United Kingdom might be greater than the sum of its parts. But when it came to the WannaCry outbreak, some parts of the United Kingdom did less great than others. Here's how the governments and health boards of Scotland, Northern Ireland and Wales are responding.
Security probes into IoT vulnerabilities too often swerve into creepy territory. Take security researchers at Check Point who discovered they could seize control of an internet-connected LG vacuum cleaner's camera, allowing them to turn a roving robotic cleaner into a spy cam.
The National Health Service in England should have been able to block the "unsophisticated" WannaCry ransomware outbreak, U.K. government auditors have found. Security experts say the findings should be studied by senior executives across all industries to "learn from the mistakes of others."