Criminals have been seeking innovative new ways to steal cash from ATMs. In the U.S., there has been a surge in physical attacks, while Europe has seen a sharp increase in "black box" attacks designed to make ATMs dispense cash on demand.
A hacking group with links to Iran's government is suspected of using ransomware in attempts to damage the systems of organizations in Israel and other countries, the security firm ClearSky reports.
A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
As new payment trends emerge, such as the surge in ecommerce during the COVID-19 pandemic, payment card standards also must change, says Jeremy King of the PCI Security Standards Council, who will be a featured speaker at ISMG's Virtual Cybersecurity and Fraud Summit: London on Oct. 20.
Yes, a CISO must be technologist and a business risk leader. But more than ever, a CISO also must be a bit of a counselor, says Mark Eggleston, chief information security and privacy officer of Health Partners Plans, who puts mental health support atop his own list of key responsibilities.
A hacking group with suspected ties to Iran's government is again targeting universities in the U.S. and around the world, according to researchers with security firm Malwarebytes. "Silent Librarian" typically attempts to steal intellectual property.
Banking institutions are seeing a significant spike in multi-channel financial crimes. But Duncan Ash and Julio Gomez of Splunk say data and analytics can be key differentiators in the effort to protect sensitive financial data.
To help prevent merchant refund fraud, ecommerce firms must carefully track all data from the time a transaction is initiated until returned items are received at the warehouse, says Karisse Hendrick, an independent ecommerce fraud consultant.
Business email compromise scams continue to proliferate around the globe, with the U.S. now second only to Nigeria as a home base for the cybercriminal organizations waging the campaigns, according to a study by the security firm Agari.
Organizations worldwide need to be "ruthless in their prioritization" of scarce resources for data security in 2021 and beyond, says Bobby Ford, global CISO of consumer brands giant Unilever, who will be a featured speaker at ISMG's Virtual Cybersecurity and Fraud Summit: London on Oct. 20.
He's been a police officer, a special agent, a CIO and a CISO. Don Cox has some ideas about cybersecurity leadership and what the CISO reporting relationship should be, and he shares them in this interview.
Norway this week accused Russia of hacking the email system of the country's parliament, known as the Storting, in September. Russia calls the accusation "unacceptable."
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