The latest edition of the ISMG Security Report analyzes the ransomware attack on Texas municipalities as part of a broader trend. Also featured: An initiative designed to safeguard the 2020 presidential elections and a CIO's third-party risk management efforts.
Cybercrime marketplaces Genesis and Richlogs are helping fraudsters to better impersonate legitimate users of banks, eBay, Amazon, Netflix and more by providing them with victims' legitimate "digital fingerprints" and replay tools designed to fool anti-fraud defenses.
"Silence," a Russian-speaking criminal group that has stolen $4.2 million from ATMs and financial institutions since 2016, has become more active this year, using new tools and tactics in its attacks and expanding its reach globally, according to the security firm Group-IB.
Account takeover continues to be a lucrative path for fraudsters across all industry sectors. But Scott Olson of iovation says there are different levels of defense that can be deployed, based on the risk of specific types of transactions.
Researchers at the security firm Doctor Web have uncovered a fake website for a VPN provider that's designed to spread a Trojan that can steal credentials to bank accounts.
Ransomware-wielding attackers continue to target not just big businesses and large government agencies, but increasingly their smaller counterparts too. In Texas, officials say a campaign tied to a "single threat actor" infected 22 local government agencies on Friday.
The ransomware attack that crippled Eurofins, one of the largest forensics labs in the U.K., continues to delay police investigations in Britain while authorities await test results.
Facebook and Twitter have suspended a number of accounts and pages that they have tied to information operations being run by the Chinese government. Disinformation has targeted pro-democracy demonstrators in Hong Kong - likening them to cockroaches - while dismissing anti-Beijing sentiment as "fake news."
The World Economic Forum recently identified "cyberattacks and data integrity concerns crippling large parts of the internet" as one of the top 10 global risks. Jaime Chanaga of NTT talks about the significance of that announcement and the concerns global security leaders face headed into 2020.
People cause data breaches every day. That simple statement hides layers of complexity, compliance issues, and stress for CISOs and their security teams. While we may be able to 'logically' explain malicious breaches by linking them to motivations such as financial gain, it's often more difficult to understand and...
People cause data breaches every day. That simple statement hides layers of complexity, compliance issues, and stress for CISOs and their security teams. While we may be able to 'logically' explain malicious breaches by linking them to motivations such as financial gain, it's often more difficult to understand and...
The FBI has arrested a Nigerian businessman for allegedly carrying out an $11 million business email compromise scheme that targeted a U.K. affiliate of U.S. heavy equipment manufacturer Caterpillar.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
Why is fraud that originates on mobile devices growing at such a rapid rate? Brooke Snelling and Melissa Gaddis of iovation offer an analysis in this joint interview.
The European Central Bank has closed one of its websites after its IT staff found that a hacker compromised some personal information on the site and also planted malware.
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