The breach of an offshore account owned by Union Bank of India is raising new questions about the security of interbank payments, which often rely on antiquated backend verification processes that fraudsters seem to be compromising with relative ease.
As a report surfaced July 29 that the campaign of presidential nominee Hillary Clinton was hacked, the Democratic Congressional Campaign Committee confirmed that it was breached shortly after the Democratic National Committee announced that it, too, had been hacked.
The Federal Trade Commission has overturned a decision made last fall by its own administrative law judge to dismiss the longstanding data security enforcement case against the now-shuttered medical testing laboratory LabMD. Company CEO Michael Daugherty plans to appeal.
Ransomware gangs are employing "customer service" agents to field victims' queries in an attempt to maximize their illicit profits, according to security firm F-Secure, which describes the encounters of someone posing as a victim.
Scuffles between anti-virus software vendors have stepped up a notch, with startups and industry stalwarts slinging mud at each other. Cylance now says it plans to make its product available for tests used to benchmark security software.
CEO fraud campaigns are becoming far more common. A recent attack against our company was deflected because of the alertness of a staff member who received a fraudulent wire transfer request, illustrating why well-informed employees truly are the best lines of defense against these schemes.
SentinelOne is taking a marketing gamble by offering to reimburse customers who suffer a ransomware infection if the security firm can't remediate affected systems. But let's take a close look at what's actually on offer.
CISOs must be empowered to define the security architecture for smart cities. How? By securing endpoints of known and unknown device categories in the network, says David Dufour, head of security architecture for smart cities at Webroot.
Security firm ThreatConnect says Guccifer 2.0, who claims to be the lone hacker of the Democratic National Committee, may have close ties to Russia. But after reviewing related technical evidence, not all security experts agree.
The Petya ransomware gang says it released 3,500 crypto keys that it stole - along with source code - from rival Chimera ransomware developers. If the keys are legitimate, security firms say they can build decryption tools for Chimera victims.
The Obama administration is implementing a presidential policy directive designed to coordinate response to a large-scale cyber incident that poses a threat to national security, foreign relations, the U.S. economy, public confidence, civil liberties or public health and safety of Americans.
Fallout from the leaked Democratic National Committee emails continues, with a new finding that suggests cyberattackers compromised a staffer's personal email account. The FBI also has confirmed its ongoing investigation into the breach.
Leading the latest ISMG Security Report, some security experts expect the United States government to retaliate against Moscow for interfering in the American presidential election if the Obama administration determines the Russian government was behind the hack of Democratic Party computers.
WikiLeaks' release of more than 19,000 emails stolen from the Democratic National Committee's computer systems has thrown the party into crisis mode. A look at the leaked emails also provides insights into the DNC's cybersecurity practices.