Malaysia's central bank, Bank Negara Malaysia, says it detected and successfully blocked an attack that attempted to steal funds via fraudulent SWIFT interbank money-moving messages. The attack against BNM led the central bank of the Philippines to issue an alert to banks in that country.
Department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor have suffered a data breach that apparently exposed details on 5 million payment cards. Cybersecurity firm Gemini Advisory says the JokerStash syndicate - aka Carbanak gang - is selling the stolen card data.
What impact with the Facebook data privacy controversy have on the social media company, and other tech giants, eventually competing with banks? James Wester of IDC sizes up the open banking implications.
The technologies and processes that businesses deploy today are so tightly linked to their customers and markets that the
boundary between the company's internal operations and external
ecosystem (i.e., customers, markets, competitors, partners,
regulators) is rapidly disappearing. Business leaders are
Many banking institutions boast of being "digital first" and enabling "omnichannel banking." But are they fully aware of the new fraud risks they also are inviting? This whitepaper takes a deep dive into discussing how to mitigate omnichannel fraud and why it is not just a banking issue. There is a need for...
The Future Is Here; Go With It
Industry analysts see a major shift to software-defined storage (SDS), with SDS overtaking conventional storage by 2020. Container-based or container-native storage (CNS) is a big part of that move. Government agencies and organizations are better off accepting and adopting the...
Under Armour says an unauthorized intruder gained access to information for the accounts of 150 million users of its MyFitnessPal mobile app and website. Learn why some fear the breach could lead to a massive phishing campaign.
Police have charged 20 Romanian and Italian nationals with running spear-phishing attacks that stole more than $1 million from online bank customers. Phishing remains a favored criminal technique for harvesting account credentials and cryptocurrency, as well as corporate secrets.
Ecuador's embassy in London has again revoked internet access for seven-year houseguest Julian Assange, saying the WikiLeaks chief violated an agreement to not interfere in other countries' matters. WikiLeaks' star has continued to fall since it's been revealed to be an apparent Russian stooge.
Federal regulators are considering potential changes to HIPAA privacy rule and enforcement regulations, but aim to first engage the healthcare sector and public for input, says the nation's top HIPAA enforcer. So, what changes are being considered?
Cryptojacking has erupted onto the cybercrime scene in recent months, thanks to the surge in value during 2017 of cryptocurrencies such as Bitcoin, Monero, and Ethereum.
Crooks are aggressively targeting servers and even whole networks in order to mine for cryptocurrency on other people's computers. Simply put, you...
Evidence continues to mount that Russian intelligence created the "Guccifer 2.0" hacker online persona as a "plausible deniability" cover for dumping information stolen from the U.S. Democratic National Committee, among other targets, says cybersecurity expert Alan Woodward.
Security experts analyze the potential impact of recently announced changes to the PCI Security Standards Council's Qualified Integrators and Resellers Program that are designed to help smaller merchants prevent breaches.
Ransomware is a multi-billion dollar business with the number of new ransomware variants continuing to grow quarter-over-quarter. Despite the many security offerings available, organizations continue to fall victim to ransomware attacks.
Download this report, where we surveyed businesses across all industries to find...
CEO fraud is responsible for over $3 billion in losses and has victimized more than 22,000 organizations while ruining the careers of many executives and loyal employees.
The CEO Fraud Prevention Manual provides an overview of how executives are compromised, ways to prevent such an attack and what to do if you...