Fighting increased incidents of fraud is going to be a challenge, given lack of regulation, awareness and skills. Dhruv Phophalia, Head of Alvarez and Marsal's global forensics practice, offers insights.
Businesses targeted by ransomware attacks are increasingly willing to negotiate with - and even pay - their extortionists. But negotiating with cyberthieves is never a good idea.
Some legal and security experts are questioning the potential effectiveness of President Obama's new executive order that allows the U.S. government to block or seize the assets of individuals suspected of launching significant cyber-attacks
The advanced and persistent nature of today's cyber-attacks, which are often waged by nation-states, is changing the way organizations address network security, says BitSight CEO Shaun McConnon.
As more mega-breaches occur, cyber-insurers will more closely assess the security risks of potential clients, leading more organizations to improve their information security programs, attorney John Yanchunis predicts.
Application security is not keeping pace with evolving attacks, says Prasenjit Saha, a CEO at the consultancy Happiest Minds Technologies. One problem: lack of a standard, secure coding process in the application development life cycle.
The FFIEC warns U.S. financial institutions that they're at increased risk from attacks that are designed to harvest large amounts of credentials, as well as from destructive "wiper" malware attacks.
While the technology climate in India looks progressive, new laws are needed to support the country's technology vision and keep pace with emerging technology, says cyberlaw expert Pavan Duggal.
Chinese officials have reportedly agreed to delay some banking-sector requirements aimed at foreign technology vendors, who were instructed to submit to rigorous audits and to add government-approved backdoors to their products.
The Supreme Court has quashed Section 118 (d) of the Kerala Police Act for violating the fundamental right of freedom. Some cyberlaw experts call it a short-sighted decision that will deter the fight against cybercrime.
Nine compelling threats will make securing IT more challenging than ever over the next two years, says Steve Durbin, managing director of the Information Security Forum.
Psychologically speaking, nothing beats the power of a well-timed deadline. And love it or hate it, Google's 90-day "Project Zero" deadline for fixing flaws - before they get publicly disclosed - has rewritten bug-patching rules.
As information sharing becomes increasingly vital in building resilient cybersecurity, FS-ISAC's Denise Anderson discusses how the Indian financial sector should put a strong collaborative structure in place.
K L Dhingra of the Standing Conference of Public Enterprises doesn't see India's public sector units prioritizing data security, as no mandates yet exist for evolving a standard security framework.
Security experts warn ATM operators to ensure their machines are locked down in the wake of ATM manufacturer NCR's warning that it is investigating a series of USB-port hack attacks on ATMs in India.
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