Punjab National Bank, which has been in the news for a $1.8 billion fraud incident, got more bad news when a security company revealed that payment card information for as many as 10,000 of the bank's customers has been for sale on the dark web. The two incidents do not appear to be related.
Arkansas developer Taylor Huddleston has been sentenced to serve more than two years in prison for developing, marketing and selling two tools designed to be used maliciously - the NanoCore remote access Trojan and Net Seal license software.
Certificate authorities continue to be tricked into issuing bogus TLS certificates. A study by Recorded Future found that at least three underground vendors can supply fraudulent TLS certificates, which pose serious risks to data security and privacy.
As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
The U.S. Securities and Exchange Commission has released revised guidance "to assist public companies in preparing disclosures about cybersecurity risks and incidents." It includes new prohibitions on trading in corporate shares after a breach has been discovered but before investors have been notified.
As India continues its move to a cashless economy, the PCI Security Standards Council is collaborating with the Reserve Bank of India and the National Payments Corp. of India to roll out new software-based design standards for protecting cardholder data against new threats, says Jeremy King, PCI SSC's international...
Leading the latest edition of the ISMG Security Report: The Department of Justice indicts Russians for allegedly running an industrialized troll factory designed to influence U.S. politics. Also, a feature in Australia's new real-time payment system could be abused by identity thieves.
Want to meddle with a democracy? Just use its social media outlets against it to amplify already existing social divisions. That's the quick take on the indictment recently unsealed by Special Counsel Robert Mueller that accuses Russians of running an "active measures" campaign against the United States.
Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
After a U.S. indictment charged Russians with running a troll factory that interfered in U.S. elections, groups tracking online disinformation campaigns warn that Russian bots are now debating the school shooting in Parkland, Florida. The White House is facing questions over what it's doing to deter Moscow.
How can organizations decide what security technologies best meet their needs? CISO Mark Eggleston shares his tips for making the right purchase decisions.
Australia's real-time payments platform, which launched last week, includes a feature designed to reduce fraud and erroneous payments. Ironically, the feature may also expose users to social engineering attacks.
Google has begun activating a new feature in Chrome that will block 12 types of intrusive advertisements. But some security experts say the online advertising industry needs to solve the malware and privacy problems that have caused users to turn to ad-blocking and anti-tracking tools.
Following banks in India and Russia reporting losses due to fraudulent transactions via the SWIFT interbank messaging platform, security experts are advising banks to be more vigilant and to take certain security steps, including better securing of remittance transactions.
Intel faces 32 lawsuits filed over the trio of flaws in its CPUs known as Meltdown and Spectre, seeking damages for the security vulnerabilities as well as alleged insider trading. The flaws have also been cited in lawsuits against chipmakers AMD and ARM, as well as against Apple.
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