Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
Together with President Donald Trump and the EU Copyright Directive, the U.K's Internet Services Providers' Association has nominated Mozilla as one of its three nominees for "internet villain" of the year. Its purported crime has been to advance a more secure version of the domain name system.
Malicious actors are increasingly using social media platforms to spread malware to unsuspecting victims. In the latest incident, Facebook removed more than 30 pages from its platform after security analysts with Check Point Research found that a hacker had loaded them with malware.
Threat intelligence programs have evolved greatly over the past decade. But Mario Vuksan, CEO of ReversingLabs, says too many organizations are overlooking the value of local intelligence embedded in their own networks. Vuksan talks about maximizing TI resources.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.
The cyberattack earlier this year against Indian outsourcer Wipro, as well as several of its customers, is part of a much larger, multiyear phishing campaign that involves many more companies used as jumping off points, according to RiskIQ, which says the attackers apparently are manipulating gift cards.
Six major cloud services providers apparently were victims of Cloud Hopper, an umbrella name for deep cyber intrusions suspected to originate in China, Reuters reports. The report also alleges Cloud Hopper-affected companies withheld information from their clients for reasons of liability and bad publicity.
Increasingly, cyber attackers are molding technology and human intelligence into blended threats that prey upon vulnerable defenses. Chester Wisniewski of Sophos lays out how organizations can become more mature in preparedness and response.
Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Cloudflare was unsparing in its criticism of Verizon over a BGP snafu that hampered 15 percent of its global traffic, as well as traffic of Amazon and Google. Verizon's error underscores that much heavy lifting remains to make critical internet infrastructure secure.
More organizations are deploying single sign-on mechanisms when they move to software-as-a-service applications to help enhance authentication and control access, says Moshe Ferber, chairman of the Israeli chapter of the Cloud Security Alliance.
The latest edition of the ISMG Security Report analyzes the security and privacy implications of Facebook's new digital currency - Libra. Also featured: Discussions on the rise of machine learning and IT and OT collaboration on cybersecurity.