Much of today's crime is "cyber-enabled," warns cybercrime expert Raj Samani, and successfully blocking such attacks increasingly demands not just better technology and public-private collaboration, but also an understanding of psychology.
Community banking institutions are at great risk of cyber-attack because they often don't think they're targeted, says Scott McGillivray of Pacific Continental Bank, who describes how to convey this risk to senior management.
More hackers are holding data for ransom, demanding everything from bitcoins to the shutdown of nuclear reactors, under the threat of leaking sensitive information. But it's not clear how many such attacks generate revenue for attackers.
Ransomware attacks are getting more agile, varied and widespread, and are increasingly taking aim at businesses of all sizes in all sectors, rather than consumers. That's why employee education is so critical.
As a result of the explosive growth in worldwide use of smart phones, mobile malware will play a much bigger role in fraud this year, predicts Daniel Cohen, a threat researcher for RSA, which just released its 2014 Cybercrime Roundup report.
Adobe confirms that a zero-day flaw exists in its Flash browser plug-in and promises to soon release Windows, Mac and Linux fixes for affected versions of Flash Player. The vulnerability is reportedly already being targeted by in-the-wild attacks.
The Union Home ministry has formed a five-member panel to devise a roadmap to tackle cybercrime. But do the members have the experience necessary to fulfill the mission? Security experts express reservations.
A tiny Illinois hospital was the target of an extortion scheme in which an anonymous e-mailer threatened to make public patients' information. The incident shows why providers of all sizes need to be prepared to deal with emerging threats.
Except for the leak of celebrities' private data, the "wiper" malware attack against Sony Pictures Entertainment shares "extraordinary" similarities with previous wiper attacks in Saudi Arabia and South Korea, a security researcher finds.