After blaming a recent spate of bank robberies on banks' poor information security practices, SWIFT has changed its tune. Now it says it wants to help financial firms spot related fraud and better share information about unfolding threats.
Cyberattacks are increasing in frequency, complexity, nuance and stealth. But human error, business compulsions and increasingly complex environments make it difficult to maintain adequate defenses, says Juniper Network's CTO for India and SAARC
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
The $940 billion compensation awarded to Epic Systems in its case against Indian IT major TCS is unprecedented - shaking the industry out of its complacency to information security. Cyber law expert "Naavi" takes a close look at the implications for India.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
Following a massive data leak, Qatar National Bank has confirmed that its systems may have been hacked. A group with Turkish ties has claimed credit for the attack and reportedly threatened to release information from a second bank hack.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
Have you tested things before they break? Could an email be a trap? In honor of Star Wars Day, we proudly present essential cybersecurity lessons as derived from - and delivered via - the wisdom and wit of the iconic space opera.
Are you making the most of all the intelligence available to you today? What are the practical aspects of plugging abstract threat intelligence into your specific business use cases? Deloitte's Parthasarathy shares deeper insight.
Despite the recent move to put the FBI-obtained court order against Apple on hold, the crypto debate is far from over, said a panel of law enforcement, legal and industry experts at Information Security Media Group's Fraud and Breach Prevention Summit in San Francisco.
Neither the FBI nor Apple looks good in the days following the postponement of a hearing on whether Apple should be forced to help the bureau crack open the iPhone of one of the San Bernardino shooters. The FBI's credibility is being questioned as Apple's security technology is being tarnished.