Package-delivery giant FedEx is warning that the global outbreak of NotPetya malware will "materially impact" profits; its TNT Express international delivery service continues to experience "widespread service delays" as it struggles to restore crypto-locked systems.
A discussion on the latest happenings in the darknet marketplace leads the latest edition of the ISMG Security Report. Also, getting to the bottom of Russia's Democratic Party hack could be the ultimate goal of a lawsuit filed against the Donald Trump presidential campaign.
The Question is WHEN? Here are some sobering facts:
54% of breaches remain undiscovered for months;
60% of an organization's data is stolen within hours of an attack.
So what can you do about it?
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Enterprise Intelligence is an ongoing practice in which organizations analyze disparate data sources to identify the vulnerabilities and threats across the enterprise.
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Banks that cannot evolve their fraud detection capabilities to effectively address two seemingly opposing requirements - building trust through strong cybersecurity programs and delivering a seamless customer experience - will fail to build new market share, and will lose market share to those banks that...
As financial institutions seek to capture new opportunities through online banking, it becomes increasingly critical to both provide a seamless user experience and help protect against online fraud. But fraudsters continue to successfully modify their attack methods to keep pace with this transformation, stealing...
Banks often view innovation as coming at the cost of security. Instead, security can be an enabler to the digital transformation - helping banks welcome customers in and keep fraudulent activity out so they can pursue new growth opportunities, improve the customer experience, and build customer loyalty.
Federal authorities have charged 412 individuals allegedly responsible for $1.3 billion in billing fraud in a takedown that officials are calling the largest healthcare fraud enforcement action to date.
The world's largest darknet marketplace, AlphaBay, is offline following raids as part of a joint U.S., Canadian and Thai investigation. One of the site's alleged founders was found dead Wednesday in a Bangkok jail cell.
Leading the latest edition of the ISMG Security Report: a report on FBI Director-Designate Christopher Wray's admission that he faces a steep cybersecurity learning curve. Also, the U.S. government restricts use of Moscow-based Kaspersky Lab Software. Is that a smart move?
As the global threat landscape shifts, so does Kaspersky Lab. Moving from its traditional cybersecurity focus, Kaspersky now is honing in on fraud prevention. Emma Mohan-Satta describes this shift and what it means for security and anti-fraud leaders.
Enterprises should be working overtime to eradicate "EternalBlue" from their networks since two massive malware outbreaks - WannaCry and NotPetya - have targeted the Windows flaw. But vulnerability scans show there's still work to be done.
The Trump administration has moved to restrict the U.S. government's ability to use products built by Moscow-based anti-virus firm Kaspersky Lab, which claims it's been caught up in a "political game" being played out between Washington and Moscow.
Trump Hotels is warning customers that payment card data at 14 of its properties was compromised during a seven-month breach that affected service-provider Sabre. Other affected chains include Hard Rock Hotel & Casino and Loews Hotels.
Russian-born Alexander Tverdokhlebov has been sentenced to serve nine years in U.S. prison after pleading guilty to causing damages of between $9.5 million and $25 million by running botnets, using malware to steal payment card data, selling "dumps" of that data as well as hiring money mules.