A cryptocurrency investor is suing AT&T for $240 million, alleging he lost $24 million in virtual currency after the carrier failed to stop two separate attacks where his phone number was commandeered by attackers. The incident highlights the dangers of using a phone number as an authentication channel.
The Meltdown and Spectre attacks from earlier this year showed how the quest to make CPUs run faster inadvertently introduced serious security vulnerabilities. Now, researchers have unveiled a new attack called Foreshadow that builds on those findings, affecting millions of Intel processors made over the past five...
Although cybersecurity plans sometimes clash with business goals, the role of security should be to enable the business and not necessarily lock everything down, says Andrew Woodward of Australia's Edith Cowan University.
There's a rush to cloud services, and that can offer security benefits. But it can be difficult to keep track of data and classify it in the cloud, says Neil Campbell of Telstra, a telecommunications company.
The FBI warns that cybercriminals are planning a large-scale operation aimed at emptying ATMs, a type of attack that has caused swift and costly losses for financial institutions. The attack may utilize data from a breach of an unknown card issuer, the FBI says.
Cybercriminals in Brazil have capitalized on older vulnerabilities in D-Link routers for financially motivated phishing attacks. The attackers changed DNS settings to use their own malicious DNS server, allowing for seamless shifts to phishing sites.
With the rise of the industrial internet of things comes a far broader attack surface in the manufacturing sector. Chris Morales of Vectra outlines findings of a new report on cyberattack trends in the manufacturing sector.
Many medical device makers appear to building better cybersecurity into their products, but some manufacturers are still avoiding fixing vulnerabilities in legacy devices that pose potential safety risks, says security researcher Billy Rios, who discusses the latest flaws in some Medtronic cardiac devices.
Ransomware. Phishing. Credential stuffing. These are among the top threats to financial institutions of all sizes. But small-to-midsized ones are particularly challenged to detect and respond to threats. Arctic Wolf's Todd Thiemann discusses the value of managed detection and response.
An analysis of the privacy issues Amazon will face as it dives deeper into the healthcare business leads the latest edition of the ISMG Security Report. Also featured: A preview of ISMG's Security Summit in New York Aug. 14-15.
As the HIPAA security rule turns 20, it's time for regulators to make updates reflecting the changing cyberthreat landscape and technological evolution that's happened over the past two decades, says security expert Tom Walsh.