Click2Gov municipal payment portals for eight U.S. cities were compromised after an apparent vulnerability in the software. More than 20,000 stolen payment card records have turned up in underground markets, says Gemini Advisory.
This week's ISMG Security Report analyzes the cost of business email compromise attacks and the recent arrest of dozens of suspects. Also featured: updates on the easy availability of low-cost hacking tools and the latest payment card fraud trends.
The Securities Exchange Board of India has come out with new cybersecurity guidelines for the commodities market. But the recommendations either rehash earlier guidelines or offer vague details on implementation.
Do criminal organizations prefer to target organizations that hold cyber insurance policies? A ProPublica report suggests that because cyber insurance policyholders are more likely to pay ransoms, they're a more frequent target. But some cybersecurity experts have expressed skepticism.
Threat actors are increasingly targeting the APAC region for payment card fraud, according to a report from Gemini Advisory. For example, a group of hackers recently stole information on more than 1 million credit cards in South Korea. What can be done to stop the fraud?
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
A powerful parliamentary committee has called on Britain's new prime minister - be it Boris Johnson or Jeremy Hunt - to make a decision "as a matter of priority" about the extent to which telecommunications gear built by Huawei should be used in the nation's 5G network.
The Ministry of Road Transport and Highways reportedly informed the Parliament that it has earned around INR 65 crore, or about $9.5 million, by providing restricted access to a database of registered vehicles and drivers to private-sector companies. Is citizens' privacy at stake?
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
Last week, Chinese telecom equipment maker Huawei offered the Indian government a "no backdoor" agreement. But the government urgently needs to set up test beds to check equipment imported not only from China but also other nations to ensure their security as the nation prepares for 5G.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.
The annual Infosecurity Europe conference this year returned to London. Here are visual highlights from the event, which featured over 240 sessions and more than 400 exhibitors, 19,500 attendees and keynotes covering data breaches, darknets, new regulations and more.