Monzo, a U.K. mobile-only bank that plans to expand into the U.S., alerted about 480,000 customers to change their PINs this week after the company's security team found that a software bug meant some numbers were stored unencrypted in plaintext.
Microsoft warned on Monday that Russia-linked attackers are gaining access to corporate networks through poorly configured devices, such as office printers and VOIP phones. The remedy is paying more attention to deployed IoT devices, including establishing security policies and regular testing.
It's difficult to build a reliable security system based on artificial intelligence and machine learning, says Aleksandr Lazarenko of Group-IB, who offers insights on how to make the most of these technologies.
More lawsuits have been filed in the wake of the Capital One breach that exposed the data of more than 100 million individuals. GitHub is also a target of one of those lawsuits, which alleges the code-sharing site failed to promptly remove breached data.
A new strain of ransomware called MegaCortex is beginning to fill part of the void left by GandCrab and other variants that have been discontinued, targeting large corporations with huge ransom demands, according to a new analysis released Monday by Accenture's iDefense.
Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
The U.S. Department of Defense has purchased IT gear known to have significant cybersecurity vulnerabilities, according to a new inspector general audit, which also highlights concerns about the use of equipment manufactured in China.
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
In what's likely the first of many investigations, the New York attorney general's office announced late Tuesday that it's launching a Capital One probe following the disclosure that over 100 million U.S. residents had their personal data exposed in a breach. Meanwhile, class action lawsuits are looming.
The cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long and if the bank was adequately monitoring administrator accounts.
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JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
The Los Angeles Police Department is investigating a possible data breach that appears to have exposed the personal information of about 2,500 full-time officers, as well as records related to 17,500 potential police candidates, according to local news media reports.