Scotland-based Tesco Bank has blocked all online transactions tied to customers' current accounts after money was stolen from 20,000 of those accounts and the bank detected suspicious activity involving another 20,000 accounts, according to CEO Benny Higgins.
Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
What are the critical elements of developing a "wartime" mindset to deal with serious cyber threats facing the healthcare sector? Find out how presenters and attendees answered this question at ISMG's Healthcare Security Summit.
I'm looking forward to this week in London, where Jason Tunn of the Metropolitan Police Service will walk us through a high-profile cybercrime investigation that resulted in the 2015 arrest of two British hackers with links to Russia after they attacked leading U.K. banks with the Dridex banking Trojan.
The latest ISMG Security Report features a special report on potential cyber threats that could damage the integrity of the U.S. presidential election. Also, an analysis of the harm caused by Australia's largest breach of personal information.
A potentially explosive story suggests that there were secret communications between Russia and U.S. presidential candidate Donald Trump's business. But computer security experts have dismissed the report, saying it's based on a flawed interpretation of technical information.
This year, the annual Black Hat Europe conference decamps from Amsterdam to London. What's in store? Everything from mobile ransomware and quantum-resistant crypto to "ego markets" and how to turn Belkin IoT devices into launch pads for DDoS attacks.
The Shadow Brokers - the group that released what are purported to be hacking tools tied to the NSA - returns with what it claims to be a list of exploit-staging servers used by the U.S. intelligence agency to stage its cyber-attack and surveillance operations.
Australia's largest-ever known data leak wasn't caused by hackers. Instead, a contractor mistakenly posted a database of blood donor information on a public website, showing how a simple mistake can have deep repercussions.
An evaluation of new U.S. government guidance to prevent the hacking of automotive computers and electronics leads the latest ISMG Security Report. Also, IBM takes responsibility for the impact of a DDoS attack and a preview of the ISMG Healthcare Security Summit.
The proposed guidance from the National Highway Traffic Safety Administration focuses on hardening a vehicle's electronic architecture against cyberattacks and to ensure vehicle systems take appropriate actions even if an attack succeeds.
Evaluating ways to thwart massive distributed denial-of-service attacks leads the latest edition of the ISMG Security Report. Also, explaining how "conspiracy theories" tied to an historic breach of Yahoo will have an impact on the internet company's future.
There are two Yahoo conspiracy theories: It was hacked by a "state-sponsored actor," and it disabled email forwarding to prevent a post-breach exodus. Although neither scenario appears to be true, that doesn't mean the badly breached search giant is in the clear.
Neutering the army of web-connected devices used in the large internet attack that hampered access to major sites - including Amazon, PayPal, Spotify and Twitter - is technically possible. But no option offers either a great or near-term fix.