Just six months after law enforcement agencies coordinated a takedown to disrupt online banking credential theft linked to the banking Trojan Dridex, the malware has re-emerged with new attack tactics and new targets, researchers say. U.S. bank accounts and businesses are now primary targets.
A report that the $81 million Bangladesh Bank heist was linked to customized malware has raised questions about the security of SWIFT transactions. But the more critical issue, fraud experts say, is the need for banks to have proper security controls in place to detect and prevent network intrusions.
What could be worse than a ransomware infection? How about getting infected by "torture ransomware" that uses a sadistic puppet to taunt you, slowly deleting your encrypted files while increasing the ransom demand until you pay?
Apple's QuickTime media player and web browser plug-in should be immediately expunged from all Windows systems, security experts warn, in a reminder of the dangers of using outdated software - especially web browser plug-ins.
Enacting legislation to compel tech companies to help law enforcement decrypt data on mobile devices would diminish America's standing as a moral leader in the world, a nation looked up to by billions of people, even with our many flaws.
Tools and techniques need to be identified to aid law enforcement in gathering evidence from devices, such as smartphones, while safeguarding the security and privacy of individuals. Can stakeholders find that middle ground?
It's springtime in San Francisco: cue the annual RSA Conference. Here are some notable trends that have already emerged from the event, ranging from ransomware and phishing attacks to hacker self-promotion and Facebook fakery.
The cyberattacks that we've seen in the healthcare sector over the past year are starting to rewrite the rules for healthcare-related businesses in a way we really haven't seen before. How are you upping your game?
As a result of high-profile breaches, emerging malware threats and increased regulatory scrutiny, CISOs at financial institutions are under more pressure than ever to develop innovative strategies for enhancing cybersecurity. And the CISO's evolving role will be a hot topic at RSA Conference 2016.
Who's right: Apple or the FBI? Our readers continue to debate a magistrate judge ordering Apple to help unlock an iPhone tied to a San Bernardino shooter, raising such issues as strong crypto, backdoors as well as legal and moral responsibilities.
Hong Kong toymaker VTech has revised its end-user license agreement to make clear that it can't be held legally responsible for any data breaches. Many security experts have reacted with fury. But is VTech's move unusual?
A new breach of customer accounts at luxury retailer Neiman Marcus is, once again, putting the spotlight on the vulnerabilities created by relying only on usernames and passwords for online authentication, and the risks posed by storing customer information.
Who's responsible for the 12 percent uptick in financial fraud losses absorbed by U.S. banks? The American Bankers Association points to retail breaches. But one observer thinks "the ABA has its head in the sand." Read other reactions to the ABA's fraud report.
Financial losses tied to fraud against bank accounts increased about 12 percent from 2012 to 2014, but banks are not to blame. To the contrary, the ABA argues that banks are actually making significant strides in their fraud prevention efforts.