The FFIEC has released detailed security guidance for mobile banking and payments that its examiners will now use in their assessments of financial institutions. Banking security experts offer a critique.
The Commercial Bank of Ceylon has apparently been hacked, and its data has been dumped online by the Bozkurtlar hacking group that has leaked data from seven other banks in the Middle East and South Asia since April 26.
Law enforcement agencies have scored some notable botnet-busting successes, disrupting malicious infrastructure and arresting botnet-using gangs. But cybercriminals are adapting, one top EU cybercrime investigator warns.
Mozilla wants the U.S. government to provide it with information about a possible unpatched vulnerability in its Firefox browser, which was used by the FBI as part of a large child pornography investigation.
The theft of $81 million from Bangladesh Bank was "part of a wider and highly adaptive campaign targeting banks," SWIFT warns its 11,000 customers. Investigators say signs point to the same attackers having hacked Sony Pictures Entertainment in 2014.
Amidst finger-pointing over responsibility for the $81 million online theft from Bangladesh Bank, SWIFT has issued its first-ever information security guidance to banks, telling them that they're responsible for securing their own systems.
New rules set by the widely used malware database service VirusTotal will exclude security vendors for not sharing data. This move highlights ongoing tension in the multi-billion dollar anti-malware industry.
Verizon's annual Data Breach Investigations Report has triggered an avalanche of criticism that researchers made critical errors when studying and reporting on the top 10 most frequently exploited software vulnerabilities.
The same Turkish hacking group that recently leaked data from Qatar National Bank and UAE's InvestBank apparently has leaked data that appears to belong to five banks in Nepal and Bangladesh. But are the leaks the result of new breaches?
Israel reportedly will extradite two suspects who were indicted in connection with cyberattacks that breached JPMorgan Chase and others. Cybersecurity experts say this is the latest example of how cross-border collaboration to bring cybercriminals to justice is improving.
The Defense Advanced Research Projects Agency has awarded Georgia Tech a $2.9 million grant to develop a process for quickly identifying and then defending against low-volume DDoS attacks, which are far more common than high-volume attacks but can be just as disruptive.
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.
Anonymous is threatening global banks with 30 days of distributed denial-of-service attack disruptions and temporarily disrupted the Bank of Greece website as a preview. Security experts say all banks should take the DDoS threat seriously.