In the past 12 months, there's been a blistering series of high-impact attacks that increasingly blur the lines "between statecraft and criminal organizations," says CrowdStrike's Zeki Turedi. How much of this blurring is intentional?
Email attacks continue to bite businesses, with organizations reporting not only a steady stream of ransomware, but also increasingly targeted social engineering attacks and account takeovers for cloud service users, says Barracuda's Hatem Naguib.
Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a former cybercriminal who now consults on crime prevention. But regulating cryptocurrencies is no easy task, he acknowledges. Johnson will keynote ISMG's Fraud and Breach Prevention Summit in Chicago.
The U.S. Department of Justice has charged a former CIA officer, 29-year-old Joshua A. Schulte, with providing 8,000 documents that describe the agency's offensive malware tools and practices to WikiLeaks, which published them in 2017 as the "Vault 7" archive.
Nearly three weeks after human resources software vendor PageUp discovered malware on its system, the tally of what data was exposed remains unclear, although successful job applicants appear to have been hardest hit.
Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
Banco de Chile has become the latest victim of a SWIFT-related malware incident. Attackers first corrupted thousands of PCs' master boot records as a distraction. Then they used fraudulent SWIFT messages to steal $10 million.
As bitcoin continues its massive price fluctuations, a new report says criminals have continued their push to get extortion and ransom payments in more stable cryptocurrencies. But bitcoins remain a top target for hackers, who most often choose to directly target cryptocurrency exchanges.
South Korean cryptocurrency exchange Coinrail says hackers stole 30 percent of all of the cryptocurrency tokens it was storing, but many have been successfully frozen or recalled. Security experts say cryptocurrency exchanges remain poorly secured, so they're popular targets for hackers.
Although all the major credit card brands have dropped the requirement for obtaining signatures to verify point-of-sale transactions made with EMV payment cards, they're not pushing strongly for using PINs instead, leaving that authentication decision to card issuers, says Linda Kirkpatrick of Mastercard.
The era of the underground marketplace may be ending as concerns over law enforcement infiltration rise, says threat intelligence company Digital Shadows. Cybercriminals' deals are shifting toward encrypted chat and other decentralized services, the company says.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
The geneology service MyHeritage says a security researcher found 92 million email addresses and hashed passwords for its users on a private external server. The company, however, says there's no evidence of abnormal account activity or indications family trees or DNA results were affected.
RSA's most recent Quarterly Fraud Report shows that "newsjacking" is increasingly empowering phishing attacks, says Angel Grant, RSA's director of identity fraud and risk intelligence. The report also shows a continuing surge in mobile app fraud.
Australian police in Queensland are pursuing a criminal investigation into what may be one of the first instances of a company swiping cryptocurrency using a software backdoor after a business deal went bad.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
