Russian threat intelligence firm Group-IB alleges that North Korea is behind recent attacks against financial institutions in Europe employing fraudulent SWIFT messages. But other experts caution that such conclusions shouldn't be made solely based on technical data.
Chris Sibila of Elements Financial Credit Union says thwarting socially engineered schemes waged against call centers as well as debit fraud linked to card breaches spurred the financial institution to hire its first full-time fraud investigator, who's already helping to curb fraud losses.
In this special edition of the ISMG Security Report, you'll hear an edited version of an ISMG Fraud and Breach Prevention Summit keynote panel in which current and former federal cybersecurity officials assess the IT security agenda of the Donald Trump administration.
British Airways grounded all flights at London's two biggest airports starting Saturday, leading to multiple days of disruptions. The airline has blamed a power surge for its IT failures, but experts have questioned the airline's resiliency and disaster recovery planning and testing.
Restaurant chain Chipotle Mexican Grill says customers' payment card data was stolen via point-of-sale malware installed at the vast majority of its more than 2,000 restaurant locations for more than three weeks.
Three Nigerian nationals who were convicted of a range of charges - including identity theft and payment card fraud - have been sentenced in the U.S. to serve up to 115 years in jail. Prosecutors says they were part of a "large-scale international fraud network" and involved in so-called "romance scams."
Leading the latest edition of the ISMG Security Report: Secretary John Kelly's congressional testimony on how DHS led government efforts to mitigate the WannaCry ransomware attacks. Also, reports on ransomware defenses as well as big data and machine learning combining to secure IT.
The identity of the individual or group behind the global WannaCry ransomware campaign remains unclear. But whoever wrote the ransom notes appears to have been fluent in Chinese and pretty good at written English, according to a linguistic analysis from security firm Flashpoint.
In the wake of WannaCry, there's a critical new flaw in Samba, which provides Windows-based file and print services for Unix and Linux systems. Security experts say the flaw is trivial to exploit. US-CERT recommends immediate patching or workarounds.
A number of media reports have recently suggested there's a "link" between WannaCry and the Lazarus hacking group, implying that North Korea authorized the ransomware campaign. But based on the evidence available so far, it's much too early to attribute the attacks to anyone.
Target has reached a record settlement agreement with 47 states' attorneys general over its 2013 data breach. The breach resulted in hackers compromising 41 million customers' payment card details and contact details for more than 60 million customers being exposed.
The Donald Trump administration, in its fiscal 2018 budget, outlines steps it contends would strengthen the U.S. federal government's information systems, even as it would cut some cybersecurity spending at specific agencies.
The WannaCry ransomware outbreak showcases the problem: Security pros are overwhelmed by vulnerabilities that could be simple to mitigate, if only they had the right info at the right time. Humphrey Christian of Bay Dynamics discusses how to improve vulnerability risk management.