Scotland-based Tesco Bank has blocked all online transactions tied to customers' current accounts after money was stolen from 20,000 of those accounts and the bank detected suspicious activity involving another 20,000 accounts, according to CEO Benny Higgins.
I'm looking forward to this week in London, where Jason Tunn of the Metropolitan Police Service will walk us through a high-profile cybercrime investigation that resulted in the 2015 arrest of two British hackers with links to Russia after they attacked leading U.K. banks with the Dridex banking Trojan.
Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
The latest ISMG Security Report features a special report on potential cyber threats that could damage the integrity of the U.S. presidential election. Also, an analysis of the harm caused by Australia's largest breach of personal information.
Plaintiffs suing Anthem Inc. in the wake of a cyberattack that exposed information on nearly 80 million individuals want a court to open the door to revealing more of the results of audits of the insurer conducted by the U.S. Office of Personnel Management.
During a recent business trip to San Francisco, ATM security expert John Buzzard stumbled upon an ATM that had been damaged by an explosive substance - a vivid reminder of an emerging threat. Buzzard offers insights on the latest ATM risks.
This year, the annual Black Hat Europe conference decamps from Amsterdam to London. What's in store? Everything from mobile ransomware and quantum-resistant crypto to "ego markets" and how to turn Belkin IoT devices into launch pads for DDoS attacks.
A potentially explosive story suggests that there were secret communications between Russia and U.S. presidential candidate Donald Trump's business. But computer security experts have dismissed the report, saying it's based on a flawed interpretation of technical information.
The Shadow Brokers - the group that released what are purported to be hacking tools tied to the NSA - returns with what it claims to be a list of exploit-staging servers used by the U.S. intelligence agency to stage its cyber-attack and surveillance operations.
Healthcare organizations should take a disaster recovery approach to creating their breach response plans, says Joey Johnson, CISO of Premise Health, in this audio interview.
An evaluation of new U.S. government guidance to prevent the hacking of automotive computers and electronics leads the latest ISMG Security Report. Also, IBM takes responsibility for the impact of a DDoS attack and a preview of the ISMG Healthcare Security Summit.
The proposed guidance from the National Highway Traffic Safety Administration focuses on hardening a vehicle's electronic architecture against cyberattacks and to ensure vehicle systems take appropriate actions even if an attack succeeds.
The hacktivist who allegedly launched distributed denial-of-service attacks in 2014 on Children's Hospital of Boston and another local healthcare facility in protest of a controversial child custody case has been arraigned on federal charges. Indictment documents provide details on the impact of the attacks.
Proposed federal cybersecurity standards for the nation's largest banks would mainly mandate what's been recommended in earlier guidance. So compliance shouldn't be challenging.
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