A cybercrime gang has been using new malware to target business customers of banks in the United States and Canada and steal millions of dollars, primarily from business accounts, researchers at the IBM X-Force security group warn.
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.
Russian authorities have reportedly sentenced Dmitry "Paunch" Fedotov, the developer of the notorious Blackhole exploit kit that's been linked to large amounts of fraud, to seven years in prison - an unusually severe sentence for online crime in that nation.
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.
The scant - if not conflicting - details and sourcing attached to a recent news report on how the FBI cracked an iPhone 5c have left information security experts questioning both technical details and related agendas.
Is it ever acceptable for ransomware victims to pay a ransom to obtain the decryption key required to restore access to their data? Due to poor preparation, many organizations continue to face that question.
Backed by its own logo, Badlock refers to a set of critical Samba vulnerabilities in Windows and most Unix/Linux operating systems, which attackers could exploit to launch man-in-the-middle attacks against corporate networks.
Security experts are once again warning all Flash users to either update or uninstall the browser plug-in software to protect themselves against active exploit kit attacks that are targeting a zero-day Flash flaw to install ransomware.
The continuing success of attackers stealing billions of dollars from organizations, often through simple business email compromise scams, is a sad commentary on the state of corporate security practices as well as our collective lack of cybersecurity smarts.
The Federal Reserve will carefully scrutinize the security components of proposals it's receiving this month for technologies that can be used to enable faster payments in the United States. That's because a key issue in moving to faster payments is mitigating the greater risk of fraud.
Luxury hotel chain Trump Hotels is investigating a possible breach that some security sources say targeted the chain's point-of-service system. If confirmed, it will be the second card breach suffered by the chain in less than a year.
The massive "Panama Papers" data leak apparently was enabled by a law firm failing to have the right information security defenses in place. The breach calls attention to the need for all organizations to encrypt sensitive data, use access controls as well as monitor access patterns for signs of data exfiltration.
If you cast the Panama Papers leak in terms of class warfare, this isn't the first time that a faceless few have acted for what they perceive to be the good of the proletariat, in a bout of hacker - or insider - vigilantism.
Security experts worldwide are sorting through the implications of the so-called "Panama Papers" leak, involving 11.5 million records. The documents highlight an elaborate web of offshore holdings that everyone from heads of state to celebrities and fraudsters have allegedly used to hide billions of dollars.
MedStar is but the latest healthcare entity to fall victim to a ransomware attack. What can organizations do proactively to improve their ransomware defenses and response? PhishMe CEO Rohyt Belani offers insight.