The U.S. Justice Department is reportedly preparing to charge multiple "Chinese middlemen" with helping to orchestrate the $81 million Bangladesh Bank heist on behalf of North Korea. Security experts have long been reporting that the attack code and tactics appear to trace to North Korea.
Cloud services firm Coupa is one of the latest business email compromise victims, after a fraudster pretending to be its CEO faked out the HR department and stole all of its 2016 employees' W-2 forms. Security experts say rigorous training remains the only viable defense.
One of the world's biggest botnets, Necurs, is back. But instead of flinging banking Trojans and ransomware, this time it's spouting spam aimed at influencing the price of cheap stocks, say security researchers from Cisco's Talos group.
Leading the latest edition of the ISMG Security Report: FBI Director James Comey's revelation of a counterintelligence investigation of possible ties between Donald Trump's presidential campaign and Russia's actions to influence the U.S. presidential election.
This monthly Security Agenda will highlight some of the most recent additions to our course library. March's edition features Former Federal CISO
Gregory Touhill giving a "Cyber State of the Union." Other industry influencers like Retired RSA Chair Art Coviello, FBI Cyber Division Supervisory Special Agent Jay...
Financial fraud has changed fundamentally in recent years. And because of that evolution, anti-fraud defences need to morph from point solutions into an integrated, enterprise approach, says IBM's Paul Clandillon.
Clandillon, the European Practice Lead for IBM's Fraud & Financial Crime group, says the fraud evolution...
Crypt0L0cker ransomware - originally tied to the Gameover Zeus gang - has returned, researchers warn, and in some cases is digitally signed to make it appear legitimate. Other attack campaigns are spreading Cerber and Sage Locker via spam emails sent via short-lived domain names.
The Russian government appears to be doubling down on its information warfare success to date, publicly confirming that it has a "cyber army" designed to wage psychological operations and propaganda campaigns. While there are defenses, too few are using them.
Leading the latest version of the ISMG Security Report: a look at how various sectors are moving away from checkbox compliance, instead taking proactive measures to secure their information assets. Also, big increase in e-commerce fraud and Yahoo's costly breach.
Financial fraud has changed fundamentally in recent years. And because of that evolution, anti-fraud defenses need to morph from point solutions into an integrated, enterprise approach, says IBM's Paul Clandillon.
Risk analysis is at the core of most card fraud prevention platforms used today, says Carol Alexander of CA Technologies. But what if the industry could take the lessons it's learned to other channels, enabling banking institutions to more readily identify potentially fraudulent transactions before they happen?
Because most malware is spread via phishing, experts at Webroot are focusing their attention on stopping phishing attacks before they have a chance to infect a system with malicious code, says David Dufour, the company's senior director of engineering and cybersecurity.
Megaupload Founder Kim Dotcom plans to appeal a New Zealand High Court ruling that found him and three colleagues eligible for extradition to the U.S. The four men are charged with profiting by allowing the trade of copyright-protected content on their file-sharing platform.