Diebold Nixdorf, a major manufacturer of ATMs, has issued an alert about "jackpotting" or "cash-out" attacks that are draining cash from its machines in several European countries. What makes these attacks unusual?
Criminals are continuing to capitalize on the new opportunities being created by the ongoing COVID-19 pandemic to hone their phishing, scams, ransomware and other schemes, says Craig Jones, who leads the global cybercrime program for INTERPOL.
What are the biggest leadership lessons from the COVID-19 pandemic? And what will CEOs and CISOs look back on and say, "Why did we ever do things that way?" Those questions were posed to a panel of cybersecurity leaders, and here are their candid answers.
As companies lay off employees and deal with financial challenges during the COVID-19 pandemic, they're also facing an increase in the number of insider fraud incidents, says Randy Trzeciak, director of the National Insider Threat Center at Carnegie Mellon University, who offers fraud detection tips.
The operators behind a family of Brazilian banking Trojans are expanding their operations to other parts of Latin America as well as North America and Europe, according to Kaspersky. Some of these malware variants have been re-engineered to better avoid security tools.
The latest edition of the ISMG Security Report analyzes the latest developments in banning Huawei technology from 5G networks. Also featured are discussions of how to respond better to cybercrime and whether we're on the cusp of a digital currency revolution.
While the Wednesday hijacking of several high-profile and verified Twitter accounts appears to have been confined to a cryptocurrency scam, security experts are warning that the platform's security failures could lead to bigger attacks down the road.
Government officials in the U.S., U.K. and Canada issued a joint advisory Thursday warning that a Russian hacking group is targeting various research organizations in those countries involved in COVID-19 vaccine development.
The Institute of International Finance, a global association of financial institutions, is focusing on strategies for using digital identification and machine learning to combat financial crime, says Matthew Ekberg, a senior policy adviser at the institute.
A malicious app called Welcome Chat has been spotted targeting Android users in Middle Eastern countries - where chat apps are illegal, according to new report by security firm ESET.
Several prominent business executives and politicians, including Joe Biden, Elon Musk and Bill Gates, had their Twitter accounts hijacked in what appears to be a cryptocurrency scam, according to news reports. Some security experts believe that two-factor authentication protections failed.
Business email compromise scams are becoming far more sophisticated and often now involve the use of supply chain management invoices, says Kai Roer of CLTRe, a KnowBe4 company. He'll be a featured speaker at the RSA APJ virtual conference to be held July 15-17.
Fraudsters used phishing emails purporting to be a warning from Chase Bank about "unusual activity" on credit cards in an attempt to steal consumers' account credentials, according to Mariana Pereira of the security firm Darktrace.
Device biometrics technology has been enhanced to support detecting and fighting fraud at an early stage, says G. D. Balasubramaniam, a senior vice president at DBS Bank in Singapore.
Malware designed to provide backdoor access to corporate networks, gain administrative privileges and deliver additional payloads was hidden in tax software the Chinese government requires companies doing business in the nation to use, researchers at the security firm Trustwave report.
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