The latest edition of the ISMG Security Report features an analysis of attempts made by European law enforcement to encourage young cybercriminals to channel their skills in more ethical ways. Also featured: Fraud detection and response; inspiring behavioral change.
Democratic lawmakers on the House Committee on Energy and Commerce announced legislation that would rein in tech algorithms on platforms exceeding 5 million monthly viewers. This follows a high-profile whistleblower case heard before Congress on Facebook's allegedly questionable data policies.
Researchers at Cider Security have uncovered a security loophole in GitHub Actions that allows adversaries to bypass the required reviews mechanism and push unreviewed code to a protected branch, allowing it into the pipeline to production.
Australia plans to require businesses with more than $10 million in revenue to report ransomware attacks to the government, part of a comprehensive strategy to fight the attacks that also includes new criminal penalties and assistance to victims. The plan would need to be passed by Parliament.
John O'Driscoll is the first CISO for the Australian state of Victoria, a job that has purview over 1,900 entities with 340,000 public servants. He's an expert in risk and audit, and that has subsequently lead to interesting conversations about who is accountable for risk and how to manage risk.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
Dutch cybercrime police have a message for almost 30 users of an on-demand distributed denial-of-service site: We see what you're doing; now cut it out or we're going to arrest you. And not for the first time, the move shows police in Europe emphasizing ethical hacking pursuits instead for young adults.
Microsoft disclosed that it mitigated a 2.4 Tbps DDoS attack, which was 140% higher in scale than any previously recorded network volumetric event on Azure. The firm and some security experts say that attacks of this magnitude could wreak havoc on targeted companies and are difficult to mitigate.
The U.S. Attorney's Office for the Eastern District of Virginia last week indicted three men - including an ex-employee of Bank of America and TD Bank - with money laundering and aggravated identity theft after the men allegedly conducted an extensive business email compromise scheme.
In an effort to bolster endpoint protection within the U.S. government, the White House is ordering federal agencies to allow CISA to access existing deployments. It is also setting timelines for improving the protection of workstations, mobile phones and servers.
One measure of the damage being done by ransomware groups continues to be how many victims get listed on ransomware operators' dedicated data leak sites, as part of their so-called double extortion tactics. Unfortunately, the number of victims doesn't appear to be declining.
More than two-thirds of survey respondents say they take a balanced approach - business, customers and compliance - investing in fraud prevention technology. So, why do they also report customer friction among their top challenges? BioCatch's Raj Dasgupta analyzes the results of the new Fraud Transformation Survey.
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