Asokan is senior correspondent for Information Security Media Group's global news desk. She has previously worked with IDG and other publications where she reported on developments in technology, minority rights and education.
A new variant of the Ursnif Trojan is targeting vulnerable systems in an attempt to steal banking passwords and other credentials. The malware is spreading through infected Microsoft Word documents, and it has the ability to evade advanced security filters, according to security researchers at Fortinet.
A little over a week after a breach at Capital One was revealed, more U.S. lawmakers are raising questions about what happened at the bank, including what role, if any, Amazon may have played in opening the door to the intrusion.
Monzo, a U.K. mobile-only bank that plans to expand into the U.S., alerted about 480,000 customers to change their PINs this week after the company's security team found that a software bug meant some numbers were stored unencrypted in plaintext.
More lawsuits have been filed in the wake of the Capital One breach that exposed the data of more than 100 million individuals. GitHub is also a target of one of those lawsuits, which alleges the code-sharing site failed to promptly remove breached data.
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
A week after a ransomware attack locked up customer files and data at online cloud hosting provider iNSYNQ, the company is continuing to recover and restore its internal infrastructure. It remains unclear how much longer this process will take, the company acknowledges.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
The Internal Revenue Services' internal financial reporting systems and IT infrastructure have 14 new security vulnerabilities, along with a long list of previously unresolved deficiencies, according to a U.S. Government Accountability Office audit.
Researchers have uncovered a new type of phishing campaign that is targeting American Express card users. In these incidents, attackers are sending a hyperlink as part of a phony account update to access the victim's credentials and other account details, according to researchers at the security firm Cofense.
Bulgaria's national cybercrime unit has arrested a 20-year-old local man for his alleged role in breaching the country's tax servers and exposing the financial details and other personal data of nearly 5 million citizens, according to news media reports.