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Fraud Management & Cybercrime

Why Today's Security Rhetoric is Harmful and Must Change

Anna Delaney  •  November 30, 2021

In her latest book, "Rhetoric of InSecurity: The Language of Danger, Fear and Safety in National and International Contexts," academic Victoria Baines questions the imagery and rhetoric we use to communicate safety and security issues, and details their unwelcome impact on the workforce.

3rd Party Risk Management

Japanese Electronics Giant Panasonic Discloses Data Breach

Dan Gunderman  •  November 30, 2021

Japanese multinational conglomerate Panasonic has disclosed a security breach that it says involved unnamed threat actors accessing servers on its network. The company says it detected the breach on Nov. 11. It was determined that some data on a file server had been accessed during the intrusion.

Governance & Risk Management

Securing Your Hybrid Workforce Using a SASE Approach

Geetha Nandikotkur  •  November 30, 2021

SASE adoption is being driven by numerous factors, including the opportunity to address the challenges with unmanaged applications and devices, providing greater visibility into various tasks, and ensuring consolidation of investments in the networking infrastructure to bring down the administrative cost, according to...

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Cybercrime

The Best Gift for the Holidays? An Incident Response Plan

Anna Delaney  •  November 26, 2021

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why security teams are still unprepared for cyberattacks over weekends and holidays, which experts warn is when attackers love to strike.

Endpoint Security

Medical Data Exposed in Breach at True Health New Mexico

Jeremy Kirk  •  November 26, 2021

A health insurer in New Mexico is warning of a data breach that exposed customers' personal and medical information. True Health New Mexico reports that nearly 63,000 individuals' personal details were exposed in the "early October" incident. It's offering all victims prepaid credit monitoring services.

Cybercrime

Ukraine's Secret Service Busts 5 Alleged 'Phoenix' Hackers

Mihir Bagwe  •  November 25, 2021

The Secret Service of Ukraine has arrested five Ukrainian citizens on suspicion of being part of a cybercrime group called Phoenix, which it says has been tied to hacking hundreds of mobile devices, stealing personal data and also selling "hacking as a service" to others.

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Fraud Management & Cybercrime

Synthetic ID Fraud: What to Look Forward to in 2022

Suparna Goswami  •  November 24, 2021

Automation, a good criminal network and the ability to use accounts as an alias are some of the factors contributing to synthetic ID fraud, says a panel of three experts.

Blockchain & Cryptocurrency

Cryptocrimes Proliferate: Ransomware, New Threat Campaigns

Prajeet Nair  •  November 24, 2021

Cryptocurrency exchange BTC-Alpha faces a ransomware attack; Morphisec researchers investigate malware that targets cryptocurrency, NFT communities on Discord; and RiskIQ researchers uncover fresh Aggah campaign that deploys clipboard hijacking code to swap a victim's cryptocurrency address.

Cybercrime

Report: China to Target Encrypted Data as Quantum Advances

Dan Gunderman  •  November 23, 2021

Chinese threat actors may increasingly look to steal sensitive, encrypted data in hopes of decrypting it with quantum computing technology in the years ahead, according to a new report. Researchers say Chinese threat actors may target government, business and academic data with long-term value.

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Geo Focus: Asia

Profiles in Leadership: Steven Sim Kok Leong

Geetha Nandikotkur  •  November 23, 2021

CISOs need to be open to ideas and suggestions from their peers and other functions and exhibit thought leadership to establish collective defense thinking in fighting threats, says Steven Sim Kok Leong, president of ISACA, Singapore chapter and chair of OT-ISAC Executive Committee.

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Business Continuity Management / Disaster Recovery

COVID and the Holidays: What You Need to Know

Tom Field  •  November 23, 2021

COVID-19 deaths are down in some parts of the U.S., but infection rates are up. What does this mean as the nation kicks off its holiday season with Thanksgiving? Pandemic expert Regina Phelps shares insight on how to approach the holidays and what it will take to attain an endemic state.

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3rd Party Risk Management

'The Shared Responsibility That Cyberspace Is'

Anna Delaney  •  November 23, 2021

A new report by Huawei Technologies USA and Reuters calls for greater international collaboration around transparency and cyber accountability. "Just having requirements isn't good enough. There needs to be an ability to tell whether or not the requirements are being met," says CSO Andy Purdy.