The U.S. Commerce Department is banning the downloading and hosting of China-based social media apps TikTok and WeChat effective on Sunday, citing national security concerns. The announcement comes as Oracle continues to negotiate a deal for partnering on TikTok's U.S. operations.
The latest edition of the ISMG Security Report analyzes whether a leaked database compiled by a Chinese company should be a cause for serious concern. Also featured are discussions on vulnerability disclosure challenges and risks posed by using social media apps for payments.
The U.S. Treasury Department on Thursday imposed sanctions on an Iranian advanced persistent threat group, 45 associated individuals and a front company the Iranian government allegedly used to run a years-long malware campaign that targeted Iranian dissidents, journalists and others.
Two Russian nationals have been charged with using phishing techniques and spoofed domains to steal over $16 million from three cryptocurrency exchanges in 2017 and 2018, according to the U.S. Justice Department.
Many financial institutions have deployed fraud fusion centers as a way to help mitigate risks. But as fraudsters revamp their techniques, banks need to revamp these centers to keep up, says Jeff Dant of BMO Financial Group, who will speak at ISMG's Virtual Cybersecurity and Fraud Summit: Toronto.
Two Iranian nationals have been charged with participating in a years-long hacking campaign that targeted vulnerable networks in the U.S., Europe and the Middle East to steal "hundreds of terabytes" of data, according to the U.S. Department of Justice.
Stop me if you think you've heard this one before: Some ransomware attackers are hiding attack code in virtual machines or creating new leaking sites to pressure victims into paying.
Federal prosecutors have unsealed indictments charging five Chinese suspects - alleged members of the China-linked APT41 hacking group - with breaching more than 100 companies, government agencies and other organizations around the world.
President Donald Trump says TikTok and Oracle are close to making a deal. Don't neglect to read the fine print. While the president has demanded TikTok divest its U.S. operations - preferably to Oracle - because of national security concerns, the Chinese firm is instead offering Oracle a minority stake.
From Friday through Monday, malicious JavaScript skimming code was injected into nearly 2,000 e-commerce sites that were running an older version of Adobe's Magento software, possibly resulting in the theft of payment card data, according to Sanguine Security.
What's one of the worst things that can happen during a pandemic? The answer is anything that gives people less reason to trust in their public health system to handle the crisis. Enter a data breach that has exposed personal information for everyone who's ever tested positive for the disease in Wales.
The U.S. Cybersecurity and Infrastructure Security Agency warns that hacking groups backed by the Chinese Ministry of State Security are exploiting several unpatched vulnerabilities to target federal agencies.
A leaked database compiled by a Chinese company has suddenly become the focus of news media reports warning that it could be used as an espionage instrument by Beijing. But on closer examination, the alleged "social media warfare database" looks like public information largely scraped from social media sites.
Independent bug hunters who find flaws in products and services often struggle to hand off their vulnerability report to someone in a position to get it fixed, says longtime security researcher Daniel Cuthbert. He describes steps organizations must take to be able to receive - and act on - bug reports.
Disruption, distortion and deterioration - these cybersecurity threats are amplified by the ongoing pandemic. Which poses the greatest threat and why? We asked this exclusive panel of CEOs and CISOs, and their responses might surprise you.
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