Federal prosecutors have charged a Long Island company, along with seven of its employees, with selling vulnerability-laden Chinese technology to the U.S. military and other agencies for a decade and passing the gear off as American made.
The latest edition of the ISMG Security Report offers an analysis of how Twitter allegedly was used to spy on critics of the Saudi Arabian government. Also featured: A preview of the new NIST Privacy Framework and an update on business email compromise attacks.
In December, PCI SSC plans to publish a new standard for solutions that enable "tap and go" transactions on merchant smartphones and other commercial off-the shelf mobile devices. Troy Leach, the council's CTO, offers insights on the role the standard will play in enhancing security for smaller merchants.
Organizations should develop a comprehensive strategy for managing third-party security risks and avoid over-reliance on any one tool, such as vendor security risk assessment, monitoring or ratings services, says analyst Jie Zhang of Gartner.
Business email compromise scams continue to proliferate. Last week, Japanese media company Nikkei revealed that an employee made a $29 million fraudulent transfer as a result of a scam. And in a separate scam, the city of Ocala, Florida, suffered losses of over $742,000.
Many businesses don't seem to be able to block the ongoing scourge of sophisticated business email compromise schemes. "Incidents are just increasing; there's a huge volume of business email compromise," says David Stubley, CEO at 7 Elements, a security testing firm and consultancy.
Many ransomware-wielding attackers continue to hack into organizations via remote desktop protocol. But some Sodinokibi ransomware-as-a-service affiliates have shifted instead to targeting victims via botnets, saying hackers' use of RDP exploits has grown too common.
Recent health data breaches involving phishing schemes are reminders of the persistent threat email-related scams pose to healthcare organizations - and the urgent need to mitigate that threat.
Spanish authorities say they've arrested three individuals on charges of running a large-scale business email compromise scheme that targeted a dozen companies around the world to steal about $11 million.
Virtual private network provider NordVPN says an error by its Finish data center provider allowed an attacker to gain control of a server, but it says its broader service was not hacked. One security expert, however, says the attacker would have had "God mode" on one VPN node.
The threat and risk surface of internet of things devices deployed in automobiles is exponentially increasing, which poses risks for the coming wave of autonomous vehicles, says Campbell Murray of BlackBerry. Large code bases, which likely have many hidden software bugs, are part of the problem, he says.
According to Ricardo Villadiego, Lumu Technologies' Founder and CEO, organizations are "sitting on a gold mine: their own data". Under the single premise that organizations should assume they are compromised and prove otherwise, Lumu seeks to empower enterprises to answer the most basic question: Is your organization...
Large or small, enterprises from all sectors are dealing with the same vulnerabilities in open source code. The difference: the scale of the problem. DJ Schleen of Sonatype discusses insights from the latest ISMG roundtable dinner.
Nation-state attackers from outside the European Union pose the greatest threat to the continent's upcoming 5G networks, according to a new security assessment, which sidesteps the issue of Chinese firm Huawei's role in building these networks.
Criminals are weaponizing artificial intelligence and machine learning for cyberattacks. David Masson of Darktrace describes how to fight back at "machine speed."
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