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.
Companies offering cybersecurity products are using the terms "artificial intelligence" and "machine learning" in many different ways. But the real meanings of the terms are far more nuanced than marketing hyperbole would lead us to believe, says Grant Wernick of Insight Engines.
Congress is considering how to help beef up the healthcare sector's preparedness and response to cyber threats. But why is there so much confusion about the role of the Department of Health and Human Services?
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.
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story. Jim Apger of Splunk discusses reading and reacting to these stories.
Experts have long warned that bitcoin is not as private as it appears. The very design of bitcoin, as well as some other virtual currencies, can lend a surprising amount of information about the groups using it to transact. In fact, it's sometimes easier to track than if criminals used the banking system.
The annual Infosecurity Europe conference returns to London this week, with a focus on the latest cybersecurity trends and essential practices for organizations. Hot topics range from artificial intelligence and breach response to GDPR and battling cybercriminals and nation-states.
Late last year in Australia, cybercriminals began targeting a fertile yet relatively poorly protected business sector for so-called business email compromise scams: the real estate industry. One expert says the industry, highly dependent on email, is ill-prepared for the attacks.