Anonymous is threatening global banks with 30 days of distributed denial-of-service attack disruptions and temporarily disrupted the Bank of Greece website as a preview. Security experts say all banks should take the DDoS threat seriously.
NIST's Ron Ross, in an audio interview, explains new draft guidance that's designed to help technology vendors build secure components that their customers can use to build trustworthy information systems. Ross will be a keynoter at ISMG's Fraud and Breach Prevention Summit in Washington.
Establishing new laws and regulations to address privacy and cybersecurity concerns related to the Internet of Things would likely be ineffective, attorney Steven Teppler, who co-chairs an American Bar Association IoT committee, says in an audio interview.
Russian email service Mail.Ru says its users' credentials contained in data leaked to Hold Security are 99.982 percent invalid, leading it to slam the security firm for stoking "media hype." But Hold Security's CISO contends the leak contains valid email addresses that could be used for phishing and spam.
The digital banking shift creates great convenience - for the fraudsters, as well as the customers. What can institutions do to reduce their vulnerability to breaches and fraud? Dave Allen of Bottomline Technologies offers advice.
A security firm claims to have obtained from a young Russian hacker a data set that includes 272 million unique credentials for Hotmail, Gmail and Yahoo email addresses, among others. But there's no reason to panic, security experts say.
Following a massive data leak, Qatar National Bank has confirmed that its systems may have been hacked. A group with Turkish ties has claimed credit for the attack and reportedly threatened to release information from a second bank hack.
Because of his "substantial assistance" to federal prosecutors, the mastermind behind the Gozi banking Trojan will serve no additional prison time, but will pay nearly $7 million for forfeiture and restitution linked to the tens of thousands of bank accounts compromised by Gozi.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
Have you tested things before they break? Could an email be a trap? In honor of Star Wars Day, we proudly present essential cybersecurity lessons as derived from - and delivered via - the wisdom and wit of the iconic space opera.
Healthcare entities are increasingly in the crosshairs of attackers who seek to cause business disruption. How can threat intelligence bolster cybersecurity defenses? FireEye's Dan McWhorter offers insight and strategies.
Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
Just six months after law enforcement agencies coordinated a takedown to disrupt online banking credential theft linked to the banking Trojan Dridex, the malware has re-emerged with new attack tactics and new targets, researchers say. U.S. bank accounts and businesses are now primary targets.
Within the next 20 years, quantum computing could be applied to easily crack current approaches to cryptography, according to the National Institute of Standards and Technology, which already is beginning work on new approaches to encryption that can withstand the power of quantum computing.