The FBI is warning U.S. businesses to beware of business email compromise scams focused not just on creating fraudulent wire transfers, but also stealing personally identifiable information. Experts, however, are criticizing the FBI's alert as being too little, too late.
As evolving virtual reality technologies are embraced by corporate environments, including healthcare entities, for training and other purposes, organizations need to carefully consider the privacy and security risks they pose, says attorney Steven Teppler.
A Bangladesh probe says that an insider may have assisted attackers in perpetrating the $81 million cyber heist against Bangladesh Bank. SWIFT has unveiled new security measures to help other banks, but security experts say more will be needed.
The breach notification site LeakedSource claims that social networking website MySpace has been hacked, with 360 million credentials containing 427 million encrypted passwords compromised. But LeakedSource acknowledges the age of the credentials is unknown. And the veracity of the data remains in question.
The business of executive email hacking is booming, with hundreds of millions of dollars lost in fraudulent wire transfers. But businesses can improve their processes to avoid inadvertently transferring funds to fraudsters, according to one expert.
In today's rapidly changing cyber threat environment, the federal government needs to take a lead role in making sure mobile device security is adequate, says security researcher Stephen Cobb, who analyzes ongoing investigations by the FTC and FCC in this audio interview.
The Commercial Bank of Ceylon has apparently been hacked, and its data has been dumped online by the Bozkurtlar hacking group that has leaked data from seven other banks in the Middle East and South Asia since April 26.
Breaches in the healthcare sector are continuing to surge, in part, because cybercriminals are building big data resources that can be used to fuel fraud, security experts Larry Ponemon and Rick Kam say in an audio interview discussing findings of a new Ponemon Institute report.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
Establishing new laws and regulations to address privacy and cybersecurity concerns related to the Internet of Things would likely be ineffective, attorney Steven Teppler, who co-chairs an American Bar Association IoT committee, says in an audio interview.
"Internet of Things" developers must think about how attackers might attempt to exploit a device, and why, and then write code designed to block such attacks, says Charles Henderson, IBM's global head of security testing and threats.
The massive "Panama Papers" data leak apparently was enabled by a law firm failing to have the right information security defenses in place. The breach calls attention to the need for all organizations to encrypt sensitive data, use access controls as well as monitor access patterns for signs of data exfiltration.
Revelation of 321 attempts to place ransomware on federal government computers in the second half of last year raises a number of questions about the effectiveness of the Einstein intrusion detection and prevention system as well as how the government responds to such attacks.
A new alert from the Department of Homeland Security regarding more than 1,400 software vulnerabilities in an older line of systems used to dispense medical supplies at hospitals spotlights the challenges involved in securing legacy equipment, including medical devices.
MedStar is but the latest healthcare entity to fall victim to a ransomware attack. What can organizations do proactively to improve their ransomware defenses and response? PhishMe CEO Rohyt Belani offers insight.
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