Applications have become primary targets for two vastly different, but equally dangerous, types of cyberattacks. Successful application breaches can lead to financial fraud, stolen IP, and business disruption.
Video conferencing vendor Zoom has opted to make major changes to its Mac application after a security researcher found several weaknesses in it. The changes come after the researcher refused a bug bounty and instead went public after 90 days, putting pressure on Zoom.
The data protection gloves have finally come off in Europe after GDPR enforcement began last May - the U.K.'s privacy watchdog has proposed large post-breach sanctions against British Airways and Marriott. Consider the tables now turned on firms that fail to properly safeguard personal data.
The U.S. Coast Guard has issued an alert about an increase in malware attacks targeting the networks of commercial vessels. It's warning ship owners to take more cybersecurity precautions.
Britain's privacy watchdog has proposed a record-breaking $230 million fine against British Airways for violating the EU's General Data Protection Regulation due to "poor security arrangements" that attackers exploited to steal 500,000 individuals' payment card data and other personal details.
HSBC paid a record $1.92 billion fine for money laundering violations in 2012. But no one ever went to jail for the crimes. Whistleblower Everett Stern discusses lessons learned from the case and the concept of "too big to jail."
Many types of cyberattacks are undetectable by conventional security technologies, which places applications at risk, says Franklyn Jones of Cequence Security, who shares his company's latest research on this topic.
With attackers continuing to hammer weaknesses in software, organizations must prioritize application security more than ever, says Ian Ashworth of Synopsys. Thankfully, developers and middle management - bolstered by agile methodologies and DevOps - are increasingly leading the charge.
Britain's biggest provider of forensic services, Eurofins, has paid a ransom to attackers who crypto-locked its systems with ransomware, the BBC reports. Experts say it's part of an alarming trend that seems sure to further embolden ransomware-wielding criminals.
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
A distributed denial-of-service attacker who crashed a popular gaming service at Christmas has been sentenced to serve 27 months in prison. Austin Thompson has also been ordered to pay $95,000 in damages to Daybreak Games.
A recent $3 million bank heist in Bangladesh is likely the handiwork of "Silence," a Russian-speaking gang known for its slow and methodical attacks against banks and ATMs, according to an analysis by security firm Group-IB.
The U.S. Cyber Command has issued a warning that attackers are attempting to exploit an older vulnerability in Microsoft Outlook to plant remote access Trojans or other types of malware within government networks. Some researchers say the exploits could be tied to an Iranian-backed threat group.
Malicious actors are increasingly using social media platforms to spread malware to unsuspecting victims. In the latest incident, Facebook removed more than 30 pages from its platform after security analysts with Check Point Research found that a hacker had loaded them with malware.
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