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.
The U.S. Securities and Exchange Commission has obtained an emergency court order to freeze the assets of U.K. citizen Idris Dayo Mustapha, who it accuses of hacking into individuals' brokerage accounts to engineer and profit from stock price fluctuations.
Kaspersky Lab says that its original estimate of how many remote desktop protocol server credentials were offered for sale in the now shuttered online cybercrime marketplace xDedic may have been far too low, based on new data coming to light.
In what's being dubbed as the largest coordinated takedown to date, federal authorities have arrested 301 individuals for participating in Medicare and Medicaid fraud schemes involving $900 million in false billings.
With ransomware attacks surging, all organizations should ensure they have an enterprise backup and disaster recovery plan in place, and eliminate all unnecessary, outdated or disused applications and services running on endpoints and servers, says ESET's Mark James.
In the event of a "Brexit" - British exit - from the European Union following this week's referendum, the U.K. would likely still have to comply with EU data protection laws, but also face cybercrime-related policing and prosecution challenges.
A government watchdog warned four federal agencies that they must be more diligent in implementing their cybersecurity programs. Otherwise, some of the government's most sensitive information is at risk of being disclosed to unauthorized individuals.
Following the SWIFT-focused hack attacks, a U.S. government watchdog agency is auditing the Federal Reserve's effectiveness when it comes to ensuring that U.S. banks have robust information security and data breach prevention programs in place.
In this edition of the ISMG Security Report, you'll hear our editors explore how hackers use Java script for ransomware, the latest digital currency security issue and privacy threats posed by virtual reality.