U.S. prosecutors have unsealed an indictment against an Iranian man charged with trying to extort entertainment company HBO for $6 million in bitcoins. The case marks a rare public naming of someone accused of cyber extortion, which poses an increasing risk for all organizations.
Security experts are awaiting more details from Intel about two classes of vulnerabilities in its chips that could put organizations' most trusted data at risk. Millions of computers are affected, and computer manufacturers must prepare and distribute customized patches.
Recent versions of Windows have a security problem: They're not random enough, CERT/CC warns. The problem centers on certain uses of ASLR, which is designed to block return-oriented programming techniques and code reuse attacks.
HealthcareInfoSecurity Executive Editor Marianne Kolbasuk McGee reflects on the just-concluded Healthcare Security Summit in New York in the latest edition of the ISMG Security Report. Also, PCI Security Standards Council CTO Troy Leach addresses ransomware risks.
As third-party companies are introduced into the banking ecosystem, they add a new layer of complexity and potential opportunity for fraud, because they detach the bank from direct interaction with the end user. The new applications and services that are developed expand the fraud potential exponentially, and can...
Financial organizations need to more accurately assess risk in the open banking environment. It's not enough to just get any generic analytics engine that can incorporate data from different interaction channels. A bank's fraud team must be able to identify cybercrime risk, payment risk and customer behavior, in...
A British man who was initially arrested on suspicion of hacking English socialite Pippa Middleton's iCloud account has been sentenced to serve a three-year prison sentence after he pleaded guilty to unrelated fraud and blackmail crimes. But he may also have ties to The Dark Overlord extortion gang.
A veteran security researcher has become entangled in a conflict with Chinese drone manufacturer DJI over his security vulnerability report, which initially qualified for the manufacturer's bug bounty program. The researcher says communications broke down after he refused to sign a legal agreement.
When it comes to warding off phishing attacks, too many organizations are reliant on internal awareness campaigns. But a more proactive defense and controls are needed.
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Kaspersky Lab says it "inadvertently" scooped up classified U.S. documents and code from an NSA analyst's home computer, but suggests it wasn't the conduit by which the material ended up in Russian hands. It claims that the computer was riddled with malware.
Businesses need to find more ways of incentivizing good researchers to find flaws in technology before bad actors discover them, says Rafael Narezzi, CIO of financial services firm TS Lombard. For every bug hunter with good intentions, how many more are developing weaponized exploits for sale on darknet markets?
A security service from McAfee designed to scan and block malicious links sent via email appears to have given a free pass to "Emotet" banking malware, a researcher warned. But McAfee contends that its ClickProtect service worked as intended.
Since last year, North Korean hackers have been targeting businesses in the financial services, aerospace and telecommunications sectors by exploiting a remote administration tool, or RAT, according to an alert issued Tuesday by the United States Computer Emergency Response Team.
In the year ahead, cyber threats to the healthcare sector will continue to evolve from attacks primarily involving the theft of health data to assaults aimed at disrupting organizations' operations, predicts Sean Murphy, CISO of health insurer Premera Blue Cross.