What if organizations' information security practices have gotten so good that they're finally repelling cybercriminals and nation-state attackers alike? Unfortunately, the five biggest corporate breaches of the past five years - including Yahoo, Marriott and Equifax - suggest otherwise.
British police say they're doing their best to cope with the possibility that the U.K. will crash out of the EU in 45 days and lose access to joint policing resources. But Richard Martin of the Met Police says replacements "will not be as efficient or effective as the tools we currently use."
The Trump administration is leading a broadside against Chinese telecommunications giants Huawei and ZTE. But concerns that Chinese networking gear could be used as backdoors for facilitating state-sponsored surveillance or disrupting critical infrastructure are not limited to America.
Cryptocurrency exchanges are seeing fraudsters submit doctored photos in an attempt to reset two-step verification on accounts. The ruse appears to have some degree of success, underscoring the difficulties around verifying identity on the internet.
Hackers have breached the Australian Parliament's network, although investigators say they have found no evidence that attackers stole any data. But Parliament's presiding officers said all users have been ordered to reset their passwords as a precaution.
The latest edition of the ISMG Security Report features a summary of alarming new findings about the ability of the U.S. to counter a nation-state malware attack. Plus, a discussion of "fusion centers" at banks and an update on the targeting of Webstresser subscribers.
Hundreds of suspected customers of Webstresser, a DDoS stresser/booter site that was disrupted last year, are being visited by law enforcement agents and may see jail time. The police message: Using darknet cybercrime services doesn't guarantee anonymity, even if you pay with bitcoin.
Recent data leaks, including the SBI incident that affected millions of customers, have once again stirred up a debate on the role of auditors in cybersecurity. But a bigger issue is the need to invest in appropriate security technologies and implement stronger policies and awareness programs.
Without improved coordination, the U.S. government and private companies could be caught flat-footed if a nation-state hit the software supply chain with malware or a worm, according to a new report that echoes conclusions made over the last decade and calls for closer industry-government ties.
Banks need to work toward improving collaboration between their cybersecurity and fraud management departments to boost efforts to mitigate cyberthreats, say Scott Walters and Eric Reddel of the consultancy Booz Allen Hamilton.
A U.K. bank says no customers lost money after cyberattackers attempted account takeovers by rerouting one-time passcodes, Motherboard reports. Such attacks involve unauthorized tampering with Signaling System #7, the protocol used to route mobile phone calls worldwide.
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.
The Unique Identity Authority of India, which administers the Aadhaar program, is again facing harsh criticism about its security measures, this time from State Bank of India. But rather than pointing fingers, all government organizations need to collaborate to enhance security.
Ransomware victims who opted to pay for the promise of a decryption key forked over an average of $6,733 in the fourth quarter of 2018, according to ransomware incident response firm Coveware. It says strains such as SamSam and Ryuk, which demand higher-than-average ransoms, are increasingly common.
Bangladesh Bank, supported by the New York Fed, has filed a lawsuit in U.S. federal court to try to recover $81 million stolen via one of the biggest online bank heists in history. But the Philippine bank the lawsuit targets has dismissed the case as a "political stunt" designed to shift blame.
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