The advent of faster payments has helped accelerate authorized push payment fraud schemes in which victims are defrauded under false pretenses. Banking regulators are responding to the trend, and Rob Tharle of NICE Actimize offers advice for multilayered defense.
When it comes to browser security, one mistake made by consumers and enterprise alike is that they see the browser as a one-way window into the internet. The reality is quite different - and potentially costly if overlooked, says Pieter Arntz of Malwarebytes.
In the past, the relationship between cybersecurity and privacy has been uneasy and even ill-defined. But today, in the post-GDPR era, the relationship is clear, and so is the legal and compliance path forward, says David Ruiz of Malwarebytes.
FIN6, a cybercrime group that has focused on attacking point-of-sale devices to steal credit card numbers, now also is waging ransomware attacks that target businesses with either LockerGoga or Ryuk, according to a new analysis from security firm FireEye.
A 24-year-old man living in England has been sentenced to more than six years in prison for his role in a ransomware scheme that targeted millions of computers across 20 countries, the U.K.'s National Crime Agency announced Tuesday.
The latest edition of the ISMG Security Report offers an in-depth look at the ever-changing ransomware threat. Other topics: filling the DevSecOps skills gap and the repercussions of Australia's encryption-busting law.
A small Michigan medical practice that plans to permanently shut down in the wake of a recent ransomware attack is an example of the devastation that can result from a serious cyberattack.
Albany, New York, is the latest unit of local government hit with ransomware in recent weeks, following similar attacks reported in Georgia and North Carolina that crippled government IT systems and disrupted service for local residents.
Arrests made last week by European, U.S. and other law enforcement agencies appear to have led to the closure of the "Dream Market" dark web site, which, in turn, disrupted certain ransomware attacks, according to an analysis by incident response firm Coveware.
Multi-stage attacks use diverse and distributed methods to circumvent existing defenses and evade detection - spanning endpoints, networks, email and other vectors in an attempt to land and expand. Meanwhile, individual tools including DLP, EDR, CASBs, email security and advanced threat protection are only designed to...
The ISMG Security Report features Chris Painter, commissioner of the Global Commission on the Stability of Cyberspace, discussing cybersecurity policy for the 2020 U.S. elections. Plus, an update on the cost of the Norsk Hydro ransomware attack and the challenges of controlling real-time payments fraud.
Norsk Hydro reports that a March 18 ransomware attack has already cost the aluminum manufacturer more than $40 million, and the company continues to bring its systems back online.
Charles Henderson, global managing partner for IBM X-Force Red, reviews some of the top new cybersecurity threats to organizations discovered by his team.
Beazley Breach Response Services, a unit of global insurance company Beazley, reports that nearly half of the more than 3,300 breaches it investigated last year traced to a hack attack or malware infection. And half of those hacking/malware attacks were tied to business email compromise schemes.
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