There’s no question: 2020 brought unanticipated changes and challenges for financial services. The notable surge in consumers’ use of websites and mobile apps for their banking transactions exposed critical gaps in our digital identity and authentication methods. Keith Swanson of SAS Institute outlines techniques...
As the United States heads into a holiday weekend, experts are warning that ransomware-wielding attackers are sure to unleash crypto-locking chaos in the coming days, with Conti ransomware attacks in particular having been rising sharply in recent weeks.
Ransomware is the result of a criminal blending technology's wonders: networking and encryption. It's a modern-day implementation of extortion, a crime as old as time. The Atlantic Council contends lessons from fighting past extortion schemes, such as plane hijackings, could help fight ransomware.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the emergence of new and rebranded ransomware groups practicing double extortion and supply chain security challenges in the oil and gas industry.
The latest edition of the ISMG Security Report features an analysis of data breach trends. Also featured: yet another Microsoft Exchange vulnerability and misconceptions about cybercrime groups.
While there is currently a lack of specific cyberthreats, Deputy National Security Adviser Anne Neuberger urges organizations, especially those in critical infrastructure, to take precautions over the Labor Day weekend, as threat groups have taken advantage of previous holidays to conduct attacks.
Cryptocurrency exchange Coinbase faces potential user trust challenges after a system error led it to send out false automated security alerts to about 125,000 customers indicating their two-factor authentication settings had been changed.
The Federal Trade Commission has, for the first time ever, banned a company and its CEO from the surveillance business in the U.S. Stalkerware service provider company SpyFone and its CEO, Scott Zuckerman, were banned for allegedly harvesting and sharing data through a hidden backdoor.
The operators of LockFile ransomware have adopted new techniques, including "intermittent encryption," to help evade detection, according to cybersecurity firm Sophos.
As the last U.S. military flight lifted off Tuesday evening from the airport in Kabul, Afghanistan, what's been left behind reportedly includes a vast trove of biometric data that could be used to identify - including for interrogation or execution - individuals who assisted the occupying NATO forces.
The House began debate Wednesday on legislation that would require companies that own or operate parts of the nation's critical infrastructure to report a cyberattack or breach within 72 hours of confirmation.
Bitcoin ATM operators and blockchain analytics firms that recently launched a "compliance cooperative" acknowledge one of their goals is to influence regulation of the sector.
Business email compromise attacks, which balance low-tech tactics with the potential for big profits, remain popular. Attackers continue to refine their tactics, including subverting legitimate redirect services as well as recruiting English-speaking business partners and cryptocurrency tumbler operators.
Citing damaging ransomware attacks that it, along with the FBI, has observed over recent holidays, the Cybersecurity and Infrastructure Security Agency issued an alert warning organizations to be prepared as the Labor Day holiday nears. CISA, however, is not tracking any immediate threats.
The impact of Hurricane Ida, including huge power outages, points to the importance of healthcare organizations and others having comprehensive business continuity and disaster recovery plans in place for natural disasters as well as cyber incidents.
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