Bangladesh Bank has opted to not extend a contract with the incident response team that it hired to investigate the theft of $81 million via fraudulent SWIFT messages. Meanwhile, similar hack attack tactics have apparently been used to steal $10 million from an unnamed bank in Ukraine.
Britain's surprise vote to "Brexit" the European Union leads the ISMG Security Report. Also hear analysis on a cybercrime forum selling remote server access; Comodo being in hot water by saying "let's encrypt"; and why Facebook CEO Mark Zuckerberg covers his webcam with tape.
A hacker is reportedly selling on the dark web copies of databases stolen from three unidentified U.S. healthcare organizations and one unnamed health insurer containing data on millions of patients. Why are such postings becoming more common, and what can organizations do to avoid becoming the next victim?
Achieving international acceptance of PCI-DSS is an ongoing challenge, says Jeremy King, international director of the PCI Security Standards Council, who's working to educate merchants about baseline security that goes far beyond cardholder data protection.
"Brexit" means that British law enforcement agencies will likely have a harder time taking a bite out of cybercrime as well-regarded intelligence-sharing relationships get severed and must be renegotiated.
Comodo made no new friends last week when it claimed that a nonprofit project, Let's Encrypt, stole its business model. Now, the digital certificate giant says it will not pursue applications aimed at securing trademarks using the phrase "Let's Encrypt."
While PCI compliance is a priority for many U.S. retailers, some major companies in Australia say they'd rather forego the cost of compliance and risk the possibility of steep fines if a card breach occurs.
By a margin of 52 percent to 48 percent, British voters have decided to leave the European Union. But as Britain renegotiates its relationship with EU member states, its mass surveillance practices will likely face sharp scrutiny.
In an in-depth interview, Michael Sentonas of breach response specialist CrowdStrike discusses how a focus on malware detection may still be leaving organizations exposed and describes the firm's new efforts in the Asia-Pacific region.
Let's Encrypt is crying foul over trademark applications made by Comodo that use the nonprofit project's name. Comodo is refusing to back down, which has drawn the large digital certificate vendor wide criticism.
In this edition of the ISMG Security Report, you'll hear reports on the U.S. government nabbing healthcare fraudsters; federal agencies at risk of exposing highly sensitive data; and the hacking of brokerage accounts.
In the wake of a majority of British voters opting to leave the European Union, the U.K. Information Commissioner's Office argues that the country should still comply with the EU's data privacy rules. But will politics get in the way?
Reacting to strong complaints from retailers, three major card brands have finally taken steps toward reducing the amount of counterfeit fraud chargebacks to U.S. merchants, which began as a result of the EMV fraud liability shift last October. But was the action by the brands bold enough?
A Senate bill proposes removing Social Security numbers of U.S. veterans from all Department of Veterans Affairs' information systems within the next five years to help reduce identity theft and fraud. How difficult would it be to make the change?
Despite police disrupting alleged DDoS extortion gangs such as DD4BC, inexpensive stresser/booter services have enabled copycats to continue these attacks, says Akamai's Martin McKeay. Here's how organizations can defend themselves.