JPMorgan Chase will earmark $12 billion for technological updates - including cloud migration, upgrading legacy architecture, data strategy, and emerging technologies. About half of this budget will go toward security modernization, while the other half will be invested into digital innovation.
In 2022, there will be a push for identity management capabilities that are behind the scenes and built into processes, says Peter Tapling, a board member on the U.S. Faster Payments Council.
People are leaving their jobs in droves during "The Great Resignation," and the cybersecurity industry is not immune to the trend. Mike Hamilton, the former CISO for the city of Seattle, warns organizations about the opportunities this presents for cybercriminals and outlines how employers can work to retain talent....
After the defacement of multiple Ukrainian government websites last week and subsequent deployment of destructive malware against Ukraine over the weekend, Lithuanian officials have offered to deploy the EU's Cyber Rapid Response Team to help Ukraine deal with cyberattacks.
A new threat group linked to China, dubbed "Earth Lusca" by researchers, is not only running cyberespionage campaigns against governments around the globe, but also seeking financial gain.
Spyware from controversial Israeli firm NSO Group was reportedly used by the nation's civilian police force, according to a new report from an Israeli business publication. Its findings allege that the Israel Police conducted warrantless phone taps on Israeli politicians and activists, among others.
GAO auditors say in a new report that the federal government's response to both the SolarWinds software supply chain attack and the exploitation of Microsoft Exchange Servers in 2021 sharpened its coordination efforts, but also exposed information-sharing gaps.
Threat actors who use data-sharing website Doxbin have had passwords, decryptor keys, multifactor authentication codes and stealer log information leaked online, according to some security experts. Doxbin is used by threat actors to dump victims' personally identifiable information.
The defacement of Ukrainian government websites may have been intended as a smokescreen for a destructive malware attack that failed to execute or has yet to be unleashed, some security experts warn. Ukraine continues to investigate the attack, which it suggests may trace to Russia, Belarus or both.
Russian authorities have charged eight individuals with crimes tied to the REvil ransomware operation, after raiding 25 properties and detaining 14 suspects, thanks in part to U.S.-shared intelligence. The White House says one of the suspects was also responsible for last year's attack on Colonial Pipeline.
With 16% of U.S. citizens using a cryptocurrency trading platform, OCC acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.
North Korean cybercriminals escalated their illicit campaigns throughout 2021, frequently carrying out crypto hacks to siphon funds, launder gains and cash out using a decentralized exchange. New data from Chainalysis says North Korean hackers lifted nearly $400 million in cryptoassets last year.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of incident repose planning; the worldwide impact of the LOg4j flaw, which may lead to 2022 being the year of the SBOM; and the increasingly blurred line between conventional...
Russian authorities have arrested 14 individuals suspected of being part of the notorious REvil, aka Sodinokibi, ransomware operation. Russia's Federal Security Agency, the FSB, said it used intelligence provided by the U.S. to help identify the suspects.
Multiple government sites in Ukraine, as well as Swedish, U.K. and U.S. embassy websites, have been defaced with warnings to "be afraid and expect the worst." The defacements occurred after a week of "intensive" but unresolved talks between NATO and Russia, which continues to mass troops on Ukraine's border.
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