Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
The Treasury Department's Office of the Comptroller of the Currency has hit Citibank with a $400 million fine for deficiencies in enterprisewide risk management, compliance risk management, data governance and internal controls. Meanwhile, the Federal Reserve is requiring the bank's board to take action.
The Office of the Comptroller of the Currency has fined Morgan Stanley $60 million for the investment bank's failure to properly oversee the decommissioning of several data centers, putting customer data at risk of exposure.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Two types of autopilot systems can be tricked into reacting after seeing split-second images, according to new research into autonomous vehicles. Although this could pose a risk, deep-learning software could keep the systems from being tricked.
Steve Jobs once said: "Marketing is about values." But how well is the cybersecurity solutions message being received amid the convergence of pandemic and economic strains? We brought an outspoken group of CMOs and CISOs together to discuss the topic.
Microsoft's IoT platform, Azure Sphere, which launched in February, is the company's bet to address the growing security and management problems around connected devices. A three-month bug bounty program for the platform resulted in resolving a number of vulnerabilities and awarding $374,000 in bounties.
Ransomware has emerged as the No. 1 online threat targeting public and private organizations this year. Seeking maximum returns, more gangs have moved beyond opportunistic attacks to target organizations with "post-intrusion ransomware." Meanwhile, many victims fail to report such crimes to police.
The U.S. Cybersecurity and Infrastructure Security Agency is warning about a recent spike in Emotet botnet attacks - designed to spread other malware - that are targeting state and local government agencies.
Security researchers with the Chinese company Qihoo say they've spotted a new IoT botnet that brute forces telnet ports on routers and other devices and is coded with a command to erase infected devices.
Malwarebytes researchers have spotted a fresh attack tactic that involves threat actors directly injecting fileless malware into the Windows Error Reporting service as a defense evasion mechanism.
Organizations around the world must build stronger cyber resilience programs to help ensure they can bounce back from cyberattacks, says Craig Rice, group director of cyber resilience at Aviva, a British multinational insurance firm, who describes how regulatory requirements will evolve.
Eight months after Microsoft issued a critical security update fixing a remote code execution flaw in Exchange Server, more than half of these mail servers in use remain vulnerable to exploits, according to the security firm Rapid7.
As Universal Health Services continues to recover from an apparent ransomware incident last weekend that affected system access for hundreds of its facilities, security experts say others can learn important lessons from the company's experience.
Blackbaud, a provider of cloud-based marketing, fundraising and customer relationship management software, now acknowledges that a ransomware attack in May could have exposed much more PII - including banking details - than the company initially believed, according to an SEC filing.
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