In a case of business email compromise, Chinese hackers stole $18.6 million from the Indian arm of Tecnimont SpA, an Italian engineering company, through an elaborate cyber fraud scheme that included impersonating the firm's chief executive.
On Wednesday, just days after a new "cybersecurity" law took effect, Vietnam alleged that Facebook has violated the law by allowing users to post anti-government comments on the platform. The so-called cybersecurity law actually speaks little about IT security measures.
The recent Black Hat Europe conference in London touched on topics ranging from combating "deep fake" videos and information security career challenges to hands-on lock-picking tutorials and the dearth of research proposals centered on deception technology.
What not to do after a breach? Share your incident response plan with your attorney and say, "Don't pay too much attention to it; we don't follow it." Randy Sabett of Cooley LLP discusses this and other lessons learned from breach investigations.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
Next to corporate communications that claim that "your security is important to us," any website post titled "security update" portends bad news. So too for question-and-answer site Quora, which says a hack exposed 100 million users' personal details, including hashed passwords and private content.
The Black Hat Europe information security conference returns to London, featuring 40 research-rich sessions covering diverse topics, including politically motivated cyberattacks, recovering passwords from keyboards thanks to thermal emanations, hacking Microsoft Edge and detecting "deep fakes."
Another day, another "Have I Been Pwned" alert, this time involving 44.3 million individuals' personal details found in unsecured instances of Elasticsearch, which appear to have been left online by Data & Leads, a Toronto-based data aggregation firm.
The 10th annual IRISSCERT Cyber Crime Conference, to be held Thursday in Dublin, promises to round up crime trends and also offer updates on incident response lessons learned, spam fighting and even cybersecurity essentials for children.
A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Memo to hackers: Boasting about your exploits on social media channels is a good way to get caught. Indeed, Italian police say they busted a suspected hacker after he bragged not only about defacing the NASA home page but also about being part of a group calling itself "Master Italian Hackers Team."
Step away from the social media single sign-on services, cybersecurity experts say, citing numerous privacy and security risks. Instead, they recommend that everyone use password managers to create unique and complex passwords for every site, service or app they use.
While Facebook has invalidated 90 million users' single sign-on access tokens following a mega-breach, researchers warn that most access token hijacking victims still lack any reliable "single sign-off" capabilities that will revoke attackers' access to hyper-connected web services and mobile apps.
Facebook says that whoever hacked 50 million user accounts, putting the privacy of those users' personal data at risk, did so by abusing its "View As" privacy feature. Facebook says the attack successfully targeted three separate bugs in its video-uploading functionality.
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