Many applications use open source components, which can make it challenging to pinpoint any security issues. How can organizations gain better visibility of risks?
MAXEX, a company that develops a digital trading platform for the secondary mortgage market in the U.S., leaked 9 GB of internal documentation as well as full mortgage applications for 23 individuals. The data was released by a Swiss-based developer who apparently was unaware it was sensitive.
The Treasury Department has fined the owner of two bitcoin "mixing" sites $60 million for violating anti-money laundering laws. It's the first time the department's Financial Crimes Enforcement Network has issued a civil monetary penalty against the operator of a cryptocurrency site.
U.S. officials have accused the Russian government of behaving "maliciously or irresponsibly" by taking steps such as crashing Ukraine power grids in the dead of winter and causing more than $10 billion in damages via NotPetya malware. But why make the accusations now? And how might Moscow respond?
Has the nation-state threat become like the weather - something everyone talks about, but no one can do anything about? It's time for a strategic change. A panel of experts offers a frank discussion of nation-state actors, their ongoing intrusions and what "taking off the gloves" might look like.
The recent "takedown" of Trickbot by Microsoft and others had only a temporary effect; the botnet's activity levels have already rebounded, according to Crowdstrike and other security firms.
The U.S. Justice Department unsealed indictments against six Russian military officers on Monday, alleging that they carried out a series of major hacking operations, including deploying destructive NotPetya malware - tied to more than $10 billion in damages - and attacking the 2018 Olympics.
To help prevent fraud, banks must leverage technologies such as behavioral analytics, device biometrics and one-time passcodes, says Nancy Guglielmo, senior vice president at the Bank Policy Institute.
Behavioral biometrics have evolved, and Michael Yeardley of LexisNexis Risk Solutions says the new generation of controls can not only identify the bad guy - but also "the really clever bad guy." He explains how.
As ransomware continues to slam organizations, a lively debate has ensued about whether ransom payments should be banned in all cases. Attempting to ban ransom payments, however, likely would only make the problem worse.
A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
A hacking group with suspected ties to Iran's government is again targeting universities in the U.S. and around the world, according to researchers with security firm Malwarebytes. "Silent Librarian" typically attempts to steal intellectual property.
Banking institutions are seeing a significant spike in multi-channel financial crimes. But Duncan Ash and Julio Gomez of Splunk say data and analytics can be key differentiators in the effort to protect sensitive financial data.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
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