The pandemic has accelerated the shift to e-commerce and raised new concerns about the use of paper money. Jim Cunha of the Federal Reserve Bank of Boston describes a collaborative research project with the Massachusetts Institute of Technology to determine the feasibility of a digital alternative.
When startups succeed, they typically hire more employees to handle increasingly specialized tasks. The same goes for ransomware gangs, which, as they grow, have been hiring experts with advanced hacking, encryption, negotiation and other skills to help take down larger targets, says Coveware's Bill Siegel.
A recently uncovered phishing campaign designed to harvest credentials used companies' official webpages as an overlay to hide malicious domains, according to security firm Cofense.
With apologies to Jay-Z, getting hit with ransomware might make victims feel like they have 99 problems, even if a decryptor ain't one. That's because ransomware-wielding gangs continue to find innovative new ways to extort cryptocurrency from crypto-locking malware victims.
In the three years since Equifax suffered a massive data breach, the consumer credit reporting firm says it has worked tirelessly to overhaul the security shortcomings that allowed the breach to happen. Equifax CISO Jamil Farshchi and other security experts weigh in on important lessons learned.
In a court filing, online voting startup Voatz argues that most security research should be limited to those who have clear permission to probe systems and software for vulnerabilities. The amicus brief is part of a U.S. Supreme Court case that could redefine a federal computer law.
The U.S. Cybersecurity and Infrastructure Security Agency is ordering most executive branch agencies and departments to create vulnerability disclosure programs by March 2021. Some agencies, such as the Pentagon, already have robust programs in place.
So-called "cybersquatting" attacks are surging, with financial and e-commerce websites - including those of PayPal, Royal Bank of Canada, Bank of America and Amazon - among the most frequent targets, according to Palo Alto Networks' Unit 42.
A recently uncovered malicious email campaign is delivering to businesses multiple types of malware, including a Trojan designed to steal banking credentials and other financial information, according to a research report from Cisco Talos.
Fraud prevention practices are not keeping up with changes in risks, says Al Pascual, COO at Breach Clarity, who offers insights on leveraging the latest tools.
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?
Some payment card fraud detection systems that rely on artificial intelligence are now less effective because of changes in consumers' habits during the COVID-19 pandemic, says Rene Perez of Jack Henry & Associates, who offers insights on needed adjustments.
Proofpoint reports that a Chinese hacking group targeted European organizations, as well as Tibetan dissidents, with a new remote access Trojan called "Sepulcher" as part of a cyberespionage campaign.
Some fraudsters are now using the encrypted instant messaging app Telegram as a fast and easy way to steal payment card data from ecommerce sites, according to an analysis from Malwarebytes.
The FBI and CISA say that a Russian newspaper report that claims American voting data was stolen and then offered for sale in darknet forums is inaccurate. The agencies say the data offered for sale is already publicly available, and they portray the newspaper report as part of a disinformation campaign.
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