In an after-action report on how the Lapsus$ crime group hacked "dozens of well-defended companies with low-complexity attacks," the U.S. Cyber Safety Review Board urges organizations to implement more robust two-factor authentication systems, plus regulations to combat SIM swapping.
Many security awareness training programs fail because organizations don't understand the risks they face, said Culture AI's John Scott. He said a successful training program "will help people by making sure that it's targeting the behaviors that address the key risks for the organization."
Collaborative AI - the process of one AI model learning from another - is one of the most effective ways for financial institutions to fight the sophisticated techniques fraudsters use for scams, said Johan Gerber, executive vice president of security and cyber innovation at Mastercard.
An evolution in transaction monitoring is required to accurately detect suspicious activity and truly reduce false positives.
This comprehensive guide helps you quickly assess your program’s current state and identify opportunities for improvement. By updating processes, implementing the right tech, and closing...
Spanish police estimate that a group that mainly targeted ATMs of Spanish national banks using cloned payment cards had fraudulently pocketed nearly 196,000 euros. Authorities arrested three suspected members of the group Sunday in the Spanish coastal city of Valencia.
Authorities are sounding the alarm about double-extortion attacks against healthcare and public health sector organizations by a relatively new ransomware-as-a-service group, Rhysida, which until recently had mainly focused on entities in other industries.
In the latest weekly update, Troy Leach, chief strategy officer at Cloud Security Alliance, joins ISMG editors to discuss preparing for new regulations, new requirements for third-party cloud penetration testing, and the opportunities and risks of AI in the financial sector.
The threat landscape is ever evolving. Modern threat actors constantly develop new tactics, techniques and procedures (TTP) so it's crucial to stay up to date with the latest strategies for protecting your organization.
Security experts from Unit 42™ have unveiled the most commonly observed TTPs in ransomware and...
A contractor that provides claims processing and other services says several of its community health plan customers - including 1.7 million members of the Oregon Health Plan - are victims of the zero-day MOVEit vulnerability, which has affected more than 500 organizations worldwide.
A Tennessee-based cardiac care clinic is notifying more than 170,000 patients and others that hackers may have stolen their sensitive personal and medical information in a cyberattack detected in April. The Karakurt cybercrime group claimed credit for the hack a month later.
A malware downloader is spoofing Italian organizations, including the tax agency, to deliver a banking Trojan to target Italian companies, said researchers. Proofpoint callsthe downloader WikiLoader; it ultimately leads to the Ursnif banking Trojan.
We have moved from cybersecurity strategy to cyber resilience strategy, said Fene Osakwe, a board member of the Forbes Technology Council. As a result, he said, we still start with identifying assets, but we keep going until we achieve recovery.
Threat actors who recently attacked a dozen Norwegian ministries by exploiting a zero-day vulnerability in Ivanti's endpoint management software appeared to have another zero-day flaw that tied to the overall attack exploit chain, Ivanti confirmed on Friday.
Government-backed North Korean hackers are posting convincing U.S. military job recruitment documents to lure Korean-speaking victims into downloading malware staged from legitimate but compromised South Korean websites, according to security researchers.
The highly active, North Korea-linked Lazarus Group is targeting unpatched Microsoft Internet Information Services servers to escalate privileges and distribute malware. Researchers spotted the group using watering hole techniques to fool victims in South Korea.
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