Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.
Networking vendor Fortinet refutes a researcher's assertions that there is an SSH "backdoor" in the FortiOS firmware that runs its devices. Many experts say that while the patched flaw looks unintentional, it might still serve as a backdoor.
The discovery of a serious remote code execution flaw in Trend Micro's consumer security software - now patched - is a reminder that even security software has code-level flaws. But shouldn't security vendors be held to a higher standard than others?
Will this week's arrests of a "main target" and another suspect tied to the distributed denial-of-service extortion group known as DD4BC deter copycats from waging similar schemes? Experts weigh in.
As Art Gilliland, CEO of Skyport Systems, assesses cybersecurity in 2016, he sees distinct strengths, weakness and opportunities for the next generation of leaders. The question is: Where will we find these leaders?
When it comes to threat detection, spotting malicious insiders is one thing. They often leave a trail. But how do you protect against the accidental insider threat? Mike Siegel, VP of Products at Forcepoint, shares strategy and solutions.
The primary mission of the new Global Cyber Alliance is to identify measurable ways to mitigate cyberthreats facing the public and private sectors, says Phil Reitlinger, a former DHS official and Sony CISO, who heads the new group.
The New York Attorney General's settlement with taxi-hailing platform Uber - over alleged customer data privacy violations and a delayed data breach notification - provides a best practice security template for any organization that handles customer data.
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
Reports on the Ukrainian energy supplier hack have left many crucial questions unanswered: Who was involved, did malware directly trigger a blackout and are other suppliers at risk from similar attacks? Cybersecurity experts offer potential answers.
The FFIEC's Cybersecurity Assessment Tool is already being integrated into regulators' cybersecurity examinations, says Gartner analyst Avivah Litan. But the tool has so far led to more confusion than clarity, she says, and must be enhanced in 2016.
A power blackout that recently affected about 1.4 million Ukrainians has been tied to an espionage Trojan called BlackEnergy. The attack appears to be the first time that hackers have successfully used malware to help disrupt energy-generation systems.
Expect rebooted European Union data privacy rules to drive organizations worldwide to begin minimizing the amount of information they collect and store on individuals in 2016, both to protect privacy as well as minimize the impact of data breaches.
Boards of directors that figure out how to leverage cybersecurity as a strategic asset will give their organizations a strong competitive advantage, says Lance Hayden of Berkeley Research Group. "Security needs to be part of what the organization uses to competitively differentiate itself."
Organizations in all sectors need to develop an "early warning system" to detect insider threats, says Scott Weber, managing director at the risk management firm Stroz Friedberg.
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