The FBI says reported losses due to internet crime last year totaled $1.3 billion, based on nearly 300,000 complaints logged with its Internet Complaint Center. It warns that CEO fraud, ransomware, tech-support fraud and extortion are becoming increasingly prevalent.
In an in-depth interview, Guru Bhat, head of engineering at PayPal, describes how the online payments provider has used a mix of sophisticated automation, including machine learning, and human insight to maintain a fraud loss rate of just 0.32 percent.
Flaws in Subaru's telematics software, discovered by a security researcher, could have been exploited to unlock the doors or provide remote access to a car's location history. The problems - now fixed by Subaru - underscore carmakers' ongoing cybersecurity challenges.
In an in-depth interview about a new study that identifies thousands of vulnerabilities in cardiac devices, security researcher Billy Rios calls on manufacturers to more carefully consider the compromises they make in balancing the usability benefits to patient care versus the cybersecurity risks.
Cybersecurity incidents have evolved considerably since the TJX and Heartland breaches of 2007-08. And so has the discipline of incident response, says former prosecutor Kim Peretti, now a partner at the law firm Alston & Bird. She defines incident response 2.0.
Healthcare entities need to take a critical step right now to prevent their medical devices from being affected by the next major ransomware attack, says cybersecurity expert Kevin Fu.
The WannaCry ransomware outbreak showcases the problem: Security pros are overwhelmed by vulnerabilities that could be simple to mitigate, if only they had the right info at the right time. Humphrey Christian of Bay Dynamics discusses how to improve vulnerability risk management.
A watchdog agency's audit of Virginia's Medicaid information systems found security weaknesses that could potentially leave beneficiaries' data vulnerable. Security experts say the audit's recommended improvements are needed at many healthcare organizations.
Reports on how the U.S. Congress is taking steps to toughen cybersecurity lead the latest edition of the ISMG Security Report. Also, an analysis of a Government Accountability Office study on the IoT landscape and the security threats facing the internet of things.
Internet of things devices are vulnerable to an array of potential cyberattacks, including zero-day exploits, distributed denial-of-service attacks and passive wiretapping, according to a new GAO report, which cites mitigation advice from experts.
When it comes to breach preparation, it isn't just about protecting IT assets. Increasingly, the conversation is about reputational risk management, says Jacob Olcott of BitSight Technologies.
In his world travels, Steve Durbin of the Information Security Forum sees the global cybersecurity industry coming of age. But he also sees the steady maturation of cybercriminals and their schemes. How can organizations best counter the changing threat landscape?
As an assistant U.S. attorney in northern Georgia, Nathan Kitchens has seen scores of cybercrime cases - especially ransomware attacks and business email compromises. And he has two words of advice to potential victims: Be prepared.
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