Ukraine's central bank has confirmed that one of the country's banks fell victim to a fraudulent SWIFT heist in April. This latest such attack revelation should spur all SWIFT-using banks to assume they've been hacked, until proven otherwise.
While malware may be used for an initial attack, hackers quickly begin using tools to move around networks that often don't raise suspicion. Here's what to look out for to detect a "low and slow" attack.
The Dark Overlord selling stolen healthcare databases for bitcoins leads the ISMG Security Report. Also hear about banks' move toward real-time transaction fraud controls and a bipartisan attempt in Congress to tackle the ongoing crypto and "going dark" debates.
In the wake of recent SWIFT-related interbank payment heists, more banks are monitoring transactions for anomalous behavior in an attempt to catch fraud in real time, says Andrew Davies, a fraud prevention expert at core banking services provider Fiserv.
Would access to better information pertaining to encryption help Congress pass good crypto-related laws? That's the impetus behind a "Digital Security Commission" and a related report being hawked by some lawmakers.
Hyderabad-based Shriram Life Insurance is alleged to have suffered a huge breach involving over 50 GB of critical data, including customer information. The reported attackers threatened to sell the data for 50 bitcoins.
Google Project Zero researcher Tavis Ormandy has once again found major vulnerabilities in Symantec's security products. Symantec has released updates, but not all will install automatically - some vulnerable products must be manually updated.
As more organizations in the Asian market outsource their security functions, they still will need to have a CISO, stresses Scott Robertson, vice president for Asia-Pacific and Japan at the cloud-based security firm Zscaler.
An individual claiming to be the hacker who posted four healthcare databases on the dark web reveals some of his tactics. We take a close look at the risks posed to one affected clinic, which faces a ransom demand.
Warning to parents and guardians: Beware of collecting, storing or sharing your child's biometric information - including fingerprints and DNA - even if you're creating a so-called "Child ID Kit," because the data is a natural target for identity thieves.
As many as 250,000 credentials for Remote Desktop Protocol servers around the world may have been offered for sale on the now-shuttered xDedic cybercrime marketplace. So what can organizations do to mitigate related risks and avoid a major network intrusion?
Bangladesh Bank has opted to not extend a contract with the incident response team that it hired to investigate the theft of $81 million via fraudulent SWIFT messages. Meanwhile, similar hack attack tactics have apparently been used to steal $10 million from an unnamed bank in Ukraine.
"Brexit" means that British law enforcement agencies will likely have a harder time taking a bite out of cybercrime as well-regarded intelligence-sharing relationships get severed and must be renegotiated.
Comodo made no new friends last week when it claimed that a nonprofit project, Let's Encrypt, stole its business model. Now, the digital certificate giant says it will not pursue applications aimed at securing trademarks using the phrase "Let's Encrypt."
While PCI compliance is a priority for many U.S. retailers, some major companies in Australia say they'd rather forego the cost of compliance and risk the possibility of steep fines if a card breach occurs.
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