Information security and fraud departments at financial institutions need to improve their collaboration to help fight multichannel cyberattacks, say John Buzzard and Paul Love of CO-OP Financial Services.
Police in Europe have arrested 17 suspects as part of an EU-wide investigation into ATM black box attacks, Europol says. These "jackpotting" or "cash-out" attacks use rogue hardware to trick ATMs into dispensing all of their cash on demand.
New legislation calls for an overhaul of the federal government's software vulnerability disclosure policies following the ransomware outbreak that was fueled by the leak of a stolen National Security Agency cyberweapon.
The House of Representatives has passed the Modernizing Government Technology Act, which supporters contend could help improve the security of the government's information networks. "It will keep our digital infrastructure safe from cyberattacks while saving billions of dollars," says bill sponsor Rep. Will Hurd.
Life after WannaCry: Already, other cybercrime gangs appear to be jumping on the SMB-targeting bandwagon, including the operators behind Uiwix ransomware. Thankfully, security experts say, these attacks pose scant risk.
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.
The Shadow Brokers leaked spying tools - likely stolen from the National Security Agency - that aided WannaCry. But the hackers blame Microsoft and the U.S. government for the ransomware outbreak and are promising fresh exploits.
The digital transformation in the APAC region is being driven significantly by mobility and cloud, and there is a need to recalibrate the approach to security to factor in the new realities, regulations and challenges, says IBM Security's Vaidyanathan Iyer.
As computer security analysts begin to unwind the mystery behind the global wave of WannaCry ransomware, a familiar name has surfaced: Lazarus, the nickname for a suspected elite North Korean hacking group.
Weeks before the WannaCry outbreak, other attackers unleashed malware that targeted the same SMB flaw in Windows. But instead of installing ransomware, this campaign instead infected endpoints with Adylkuzz cryptocurrency mining software, security researchers say.
The words of Assistant to the President Thomas Bossert, who boldly pledges to outdo previous administrations on improving federal government cybersecurity, lead the latest edition of the ISMG Security Report. Also, Microsoft's exasperation with the NSA over WannaCry ransomware.
Disney is reportedly being targeted by cyber-extortionist hackers who have threatened to release a stolen, prerelease copy of the movie studio's fifth "Pirates of the Caribbean" film unless they receive a ransom, payable in bitcoins.
As organizations around the globe - including hospitals in the United Kingdom - recover from the WannaCry ransomware campaign, healthcare entities in the United States so far appear to have mostly avoided the crisis. But why?