In the latest weekly update, four editors at Information Security Media Group discuss timely cybersecurity issues, including cryptocurrency exchange hacks and the cyber implications of the U.S. withdrawal from Kabul.
Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey by Deloitte.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
The Department of Labor is offering $240 million in grants to states to help fight against unemployment benefits fraud. Eva Velasquez, CEO at the Identity Theft Resource Center, offers insights on making the most of this investment with a multilayered security approach.
Mastercard says that starting in 2024, banks and other institutions that issue its credit and debit cards will no longer need to include a magnetic stripe on the back, and that by 2033, m
agnetic stripes will be extinct. Given magnetic stripes' many security downsides, what's taken so long?
A Six-Step Plan for Stopping Payment Redirection, Supplier Invoicing Fraud and Gift Card Scams
Sometimes, that email from your boss isn't really an email from your boss. Business email compromise (BEC) has become the costliest form of cyber crime, tricking victims out of more than $1.8 billion in 2020 alone. These...
John "Chris" Inglis says one of his first priorities as national cyber director within the White House is focusing on issues of cyber resiliency. Battling ransomware and coordinating government responses with the private sector are also top issues he's tackling.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.