In a case of business email compromise, Chinese hackers stole $18.6 million from the Indian arm of Tecnimont SpA, an Italian engineering company, through an elaborate cyber fraud scheme that included impersonating the firm's chief executive.
What not to do after a breach? Share your incident response plan with your attorney and say, "Don't pay too much attention to it; we don't follow it." Randy Sabett of Cooley LLP discusses this and other lessons learned from breach investigations.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
The Black Hat Europe information security conference returns to London, featuring 40 research-rich sessions covering diverse topics, including politically motivated cyberattacks, recovering passwords from keyboards thanks to thermal emanations, hacking Microsoft Edge and detecting "deep fakes."
The 10th annual IRISSCERT Cyber Crime Conference, to be held Thursday in Dublin, promises to round up crime trends and also offer updates on incident response lessons learned, spam fighting and even cybersecurity essentials for children.
A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Step away from the social media single sign-on services, cybersecurity experts say, citing numerous privacy and security risks. Instead, they recommend that everyone use password managers to create unique and complex passwords for every site, service or app they use.
While Facebook has invalidated 90 million users' single sign-on access tokens following a mega-breach, researchers warn that most access token hijacking victims still lack any reliable "single sign-off" capabilities that will revoke attackers' access to hyper-connected web services and mobile apps.
Facebook says that whoever hacked 50 million user accounts, putting the privacy of those users' personal data at risk, did so by abusing its "View As" privacy feature. Facebook says the attack successfully targeted three separate bugs in its video-uploading functionality.
U.K. health and beauty retailer Superdrug Stores is warning customers that attackers may have compromised some of their personal information, apparently because they'd reused their credentials on other sites that were hacked. While Superdrug quickly notified victims, it stumbled in three notable ways.
The Forum of Incident Response and Security Teams recently announced the release of new training resources to help organizations build and improve product security incident response teams. Damir "Gaus" Rajnovic of FIRST discusses the global need for these resources.
Getting employees involved in data security requires explaining the benefits, such as avoiding service interruptions, says Paul Bowen of Arbor Networks, who offers insights on making security part of the daily routine.
It's a fair question: Can you trust the fraud advice you're given from a former fraudster? Especially one who's betrayed law enforcement before? Brett Johnson says he's abandoned crime for good, and he shares insight on the types of fraud schemes he once practiced.
Leading the latest edition of the ISMG Security Report: Cybersecurity expert Brian Honan provides insights on why organizations that are not yet compliant with GDPR need to focus on several key steps. Also: An assessment of the progress women are making in building careers in information security.
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