Many financial institutions have deployed fraud fusion centers as a way to help mitigate risks. But as fraudsters revamp their techniques, banks need to revamp these centers to keep up, says Jeff Dant of BMO Financial Group, who will speak at ISMG's Virtual Cybersecurity and Fraud Summit: Toronto.
A ransomware attack that reportedly was directed at a German university but shut down emergency services at an affiliated hospital likely contributed to the death of a patient who needed urgent treatment but instead had to be transported to another hospital, delaying care, according to a news report.
Two Iranian nationals have been charged with participating in a years-long hacking campaign that targeted vulnerable networks in the U.S., Europe and the Middle East to steal "hundreds of terabytes" of data, according to the U.S. Department of Justice.
An Instagram post by one of Australia's former prime ministers led to a security researcher finding his passport and phone number due to a coding error in a widely used airline ticketing system. The bug has been fixed, but it's another warning to avoid posting photos of boarding passes.
Stop me if you think you've heard this one before: Some ransomware attackers are hiding attack code in virtual machines or creating new leaking sites to pressure victims into paying.
President Donald Trump says TikTok and Oracle are close to making a deal. Don't neglect to read the fine print. While the president has demanded TikTok divest its U.S. operations - preferably to Oracle - because of national security concerns, the Chinese firm is instead offering Oracle a minority stake.
What's one of the worst things that can happen during a pandemic? The answer is anything that gives people less reason to trust in their public health system to handle the crisis. Enter a data breach that has exposed personal information for everyone who's ever tested positive for the disease in Wales.
Potentially capping a fraught political showdown, China's TikTok, which is owned by Beijing-based ByteDance, has chosen Oracle to be its U.S. "technology partner," rejecting a bid by Microsoft. But Chinese state media suggests reports of a deal might be premature.
New Zealand's stock exchange, NZX, recently fell under a massive distributed denial-of-service attack that was part of an extortion attempt. Security specialist Daniel Ayers breaks down what went wrong and how other organizations can avoid similar issues.
A leaked database compiled by a Chinese company has suddenly become the focus of news media reports warning that it could be used as an espionage instrument by Beijing. But on closer examination, the alleged "social media warfare database" looks like public information largely scraped from social media sites.
A bipartisan bill looks to take some initial steps toward creating nationwide digital identity standards that can address a range of security issues, including theft and fraud stemming from data breaches. The legislation is backed by the Better Identity Coalition.
The number of individuals affected by the May ransomware attack on cloud-based software vendor Blackbaud continues to soar. And breach reports tied to the incident now total over 170, according to one estimate.
A Russian national who is allegedly part of an ongoing disinformation campaign targeting the upcoming U.S. election faces a charge of conspiracy to commit wire fraud, according to the U.S. Justice Department.
Independent bug hunters who find flaws in products and services often struggle to hand off their vulnerability report to someone in a position to get it fixed, says longtime security researcher Daniel Cuthbert. He describes steps organizations must take to be able to receive - and act on - bug reports.
A recently uncovered Linux malware variant dubbed "CDRThief" is targeting VoIP networks to steal phone metadata, such as caller IP addresses, ESET reports. The malware appears to be designed for cyberespionage or fraud.
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