The National Payments Corp. of India is labeling as "premature" news reports that it's launching a blockchain-based system called "Vajra" to secure online payments. NPCI says the system remains in development with no timeline for release.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Alphabet and Google CEO Sundar Pichai is supporting an EU proposal for a temporary ban on the use facial recognition technology in public areas and is calling for government regulation of artificial intelligence.
Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according a report by Chainalysis.
Microsoft says it's prepping a patch to fix a memory corruption flaw in multiple versions of Internet Explorer that is being exploited by in-the-wild attackers, and it's issued mitigation guidance. Security firm Qihoo 360 says the zero-day flaw has been exploited by the DarkHotel APT gang.
Could satellites play a role in distributing next-generation encryption keys? Robert Bedington, CTO and co-founder at Singapore-based SpeQtral, describes quantum communications via satellites in this in-depth interview.
Deception technology is evolving as a powerful asset in the cybersecurity arsenal, providing significant advantages in being able to monitor an attacker's behavior, says Joseph Krull, senior analyst at Aite Group.
The latest edition of the ISMG Security Report discusses why Britain is struggling to determine whether to use China's Huawei technology in developing its 5G networks. Plus: An update on a mobile app exposing infant photos and videos online and an analyst's take on the future of deception technology.
Proof-of-concept code has been released to exploit a severe Citrix vulnerability present in tens of thousands of enterprises. Citrix says it's developing permanent patches but that enterprises should use its mitigation guidance. In the meantime, attackers are hunting for vulnerable machines.
Corporate network security breaches, which can prove costly to remediate and expose a company to lawsuits, are frequently the result of vulnerabilities that could have been fixed for a relatively low cost. A a brute force penetration test is a critical first step in finding those vulnerabilities.
Hackers have been increasingly probing the North American power grid for weaknesses, but the industry - driven in part by regulators - is increasingly able to identify and repel attackers, industrial cybersecurity experts say.
Is it possible that a nation-state actor such as Iran could create a cybersecurity incident that compromises the U.S. power grid? Bernie Cowens, most recently CISO at the nation's largest electric utility, says that's unlikely because the power grid is more cybersecure than you might think.
The latest edition of the ISMG Security Report discusses "Orwellian" surveillance activity in 2020 via the ToTok app. Also featured: the controversy over enabling law enforcement to circumvent encryption; the cyberattack risks posed by IoT devices.
The security company Check Point has revealed several vulnerabilities in TikTok, the popular Chinese video app that has raised concerns lately from the U.S. military and lawmakers. The issues are fixed, and TikTok says it doesn't appear the issues were exploited for a breach.