Many banking institutions boast of being "digital first" and enabling "omnichannel banking." But are they fully aware of the new fraud risks they also are inviting? Kimberly Sutherland and Kimberly White of LexisNexis Risk Solutions discuss how to mitigate omnichannel fraud.
The U.S. Securities and Exchange Commission has reportedly issued dozens of subpoenas and requests for information to technology companies, executives and advisers involved in initial coin offerings. The regulator's new cyber unit investigates ICOs, which attempt to raise funds for cryptocurrency ventures.
NSA Director Mike Rogers told senators that President Donald Trump has not ordered his agency to confront Russian election interference at its source, via network operations, and that President Putin "has clearly come to the conclusion there's little price to pay" for meddling.
A new strain of the Petya ransomware called "Bad Rabbit" is impacting business and sweeping across Russia and Ukraine, among other Eastern European countries. Like many of the other ransomware outbreaks, understanding fact from fiction is the first step in staying safe.
Criminals continue their quest for acquiring cryptocurrencies without having to buy and manage their own mining equipment. They're resorting to attacks aimed at stealing the cryptocurrencies via hacking, phishing, fake advertising and web injection attacks via repurposed banking Trojans.
Interest in deception technology is growing because it can play a valuable role in improving intrusion detection, says Anton Chuvakin of Gartner, who explains the intricacies of the emerging technology in an in-depth interview.
Attorney Steven Teppler, who recently wrote a report that addresses risks related to the internet of things, offers insights on risk management steps organizations in all sectors must take as IoT devices proliferate in the enterprise.
Arkansas developer Taylor Huddleston has been sentenced to serve more than two years in prison for developing, marketing and selling two tools designed to be used maliciously - the NanoCore remote access Trojan and Net Seal license software.
Certificate authorities continue to be tricked into issuing bogus TLS certificates. A study by Recorded Future found that at least three underground vendors can supply fraudulent TLS certificates, which pose serious risks to data security and privacy.
As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
Leading the latest edition of the ISMG Security Report: The Department of Justice indicts Russians for allegedly running an industrialized troll factory designed to influence U.S. politics. Also, a feature in Australia's new real-time payment system could be abused by identity thieves.
Want to meddle with a democracy? Just use its social media outlets against it to amplify already existing social divisions. That's the quick take on the indictment recently unsealed by Special Counsel Robert Mueller that accuses Russians of running an "active measures" campaign against the United States.
Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
After a U.S. indictment charged Russians with running a troll factory that interfered in U.S. elections, groups tracking online disinformation campaigns warn that Russian bots are now debating the school shooting in Parkland, Florida. The White House is facing questions over what it's doing to deter Moscow.