Fraudsters have conned Norfund, a private equity investment firm based in Oslo, Norway, out of more than $10 million in what the company calls an "advanced data breach." But the incident bears the hallmarks of a business email compromise scam.
Organizations must carefully re-examine their security procedures to make sure they're adequate for the new work-from-home environment during the COVID-19 crisis, says Shelton Newsham, a British law enforcement official who specializes in cybersecurity. He reviews key questions to ask.
A sophisticated cyber-espionage campaign using spyware called Mandrake has been targeting Android users for at least four years, according to security firm Bitdefender. The malware has the ability steal a range of data, including SMS authentication messages from banks.
Australia's Parliament passed a new law on Thursday to deal with a range of legal and privacy concerns arising from its quickly developed contact-tracing app, COVIDSafe. Misusing data and other offenses could garner a five-year prison sentence.
ARCHER, a British high-performance computing system for academic and theoretical research, has been offline since May 11, when a "security incident" forced the University of Edinburgh to take down the supercomputer. The security incident also affected supercomputers in other parts of Europe, university officials say.
If an organization fails to stop a ransomware attack, how does it recover the data? Backups, of course, are essential. But Peter Marelas of Dell Technologies says organizations should have a well-developed strategy for backups because attackers are increasingly targeting those systems as well.
A sophisticated hacking group associated with the North Korean government that's been tied to a number of high-profile attacks, including WannaCry, is using three new malware variants, according to the U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
Fraudsters are honing their phishing emails tied to the COVID-19 crisis, using fake messages about business continuity plans and new payment procedures to spread the LokiBot information stealer, Microsoft researchers report.
The increasing use of internet-connected devices in manufacturing facilities is opening up new ways for hackers to target so-called "smart" factories with unconventional attack methods, according to an analysis by security firm Trend Micro and the Polytechnic University of Milan.
A recently discovered cyberespionage toolkit called Ramsay is designed to infiltrate air-gapped networks to steal documents, take screenshots and compromise other devices, according to the security firm ESET.
The COVID-19 pandemic caught many global enterprises by surprise. But as they prepare to emerge from quarantine and reopen their doors, they are taking a thoughtful approach to bolstering cybersecurity for on-premise and remote workers alike. Pamela Kubiatowski of Zscaler shares insights.
To help prevent cyberattacks, Bangladesh is likely to launch a computer emergency response team, or CERT, for its financial sector this year, says Debdulal Roy, executive director of Bangladesh Bank. But the timing will depend on how long the COVID-19 crisis continues.
Magellan Health, a U.S. managed care company that focuses on specialty areas of healthcare, says it was hit by a ransomware attack that involved the exfiltration of data. Ransomware gangs are increasingly going beyond encrypting data, stealing information to put more pressure on victims to pay ransoms.
For many organizations, digital transformation arrived over a weekend in March. Now they look ahead and wonder "what next?" re: authentication, privacy and third-party risk. In a webinar preview, RSA CTO Zulfikar Ramzan shares his vision of cybersecurity in 2021.
Hacking groups linked to China's government are targeting research and healthcare facilities that are working on developing vaccines, testing procedures and treatments for COVID-19, the FBI and the U.S. Cybersecurity and Infrastructure Security Agency warn in an alert.
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