Former members of the defunct Conti ransomware group are continuing to ply their trade under a variety of other guises, including Royal and Black Basta. Thanks to their agile and innovative approaches, post-Conti operations are "stronger than ever," one ransomware expert reports.
Financial institutions must leverage artificial intelligence and other new-age authentication tools to establish a robust KYC process in the era of remote account opening, said Vishal Kapoor, head of group finance audit and risk audit and executive director at DBS Bank.
Security organizations in the APAC region need to adopt widely recognized frameworks consistently ensure digital trust and protect privacy, according to a panel of experts from the APAC region. Industry certifications are a good investment for improving security programs and business resilience.
The number of ransoms paid by organizations is on the decline, which is positive news. But we know that the criminals are always innovating. Valerie Abend, global cyber strategy lead at Accenture, said cybercriminals are constantly learning to accomplish their objectives.
The intelligence community long refrained from adopting open-source technology, but its value has become evident with the rise of cloud computing and machine learning. Practitioners also are shifting toward open-source intelligence to augment the information obtained through human intelligence.
The high-profile Equifax breach happened nearly six years ago. Jamil Farshchi, CISO of Equifax, discusses how the firm invested $1.5 billion, hired new staff and improved governance to prevent future attacks, but he says security organizations need to enter a new era of cooperation and transparency.
New resources released Monday from a high-profile federal advisory group provide insights into the state of healthcare sector preparedness and best practices for dealing with evolving cyberthreats, according to Erik Decker, CISO of Intermountain Healthcare and co-chair of the task force.
Retired Air Force Gen. Gregory Touhill, the very first U.S. federal CISO back in the Obama administration, says he's encouraged by the new U.S. National Cybersecurity Strategy. His top takeaway: the shift of cybersecurity responsibility from consumers to manufacturers of vulnerable products.
A lack of visibility makes it nearly impossible to protect an organization against attack. If you can't see what's lurking in the dark corners of your environment, all you can do is react instead of actively identifying and mitigating risks. But some technologies can help with threat visibility.
India and Singapore made it easier and cheaper for their citizens to send and receive money through the integration of UPI and PayNow, but could this move lead to a rise in cross-border online payment scams? Reports of UPI-related fraud surged in India in 2022.
Asia-Pacific healthcare sector organizations struggle with many of the same cybersecurity challenges as clinics in other parts of the world, including ransomware threats and denial-of-service attacks, says Errol Weiss, chief security officer of the Health Information Sharing and Analysis Center.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Anytime critical infrastructure gets disrupted, the first question inevitably seems to be: Was a cyberattack to blame? So it went Wednesday when the Federal Aviation Administration announced a "ground stop," prohibiting all U.S. flights from taking off, due to an overnight system failure.
Darknet markets offering illegal drugs and fraudster tools and services are thriving, despite the constant threat of law enforcement infiltration, disruption, takedown and arrests. In response, multiple drug markets have launched customized Android apps to handle buying, selling and fulfillment.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
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