Venkat is special correspondent for Information Security Media Group's global news desk. She has previously worked at companies such as IDG and Business Standard where she reported on developments in technology, businesses, startups, fintech, e-commerce, cybersecurity, civic news and education.
Nearly four months after Capital One revealed a massive data breach, Michael Johnson, the bank's CISO, is being moved into an outside advisory role, and the company is scouting for a new security leader, according to the Wall Street Journal.
Alleged Capital One hacker Paige A. Thompson has been released from prison and will stay in a halfway house until her trial in federal court next year. Prosecutors allege that Thompson stole over 100 million records from the bank earlier this year.
Business email compromise scams continue to proliferate. Last week, Japanese media company Nikkei revealed that an employee made a $29 million fraudulent transfer as a result of a scam. And in a separate scam, the city of Ocala, Florida, suffered losses of over $742,000.
A new phishing campaign lures employees with a message about a salary increase, according to researchers at the security firm Cofense. The campaign is designed to harvest Office 365 credentials.
A new study produced in partnership with several insurance companies concludes that a single virus attack affecting 15 major ports across Singapore, China, Japan, South Korea and Malaysia potentially could lead to losses of up to $110 billion worldwide.
FCC Chairman Ajit Pai is pushing a proposal that would ban U.S. telecommunications firms from using commission funds to buy equipment from companies deemed national security threats. The new rule would first target Chinese telecom companies Huawei and ZTE.
Some 42 apps that were available in the Google Play store had been delivering adware to Android devices for about a year, according to the security firm ESET. In the 12-month period starting in July 2018, these apps were downloaded about 8 million times to Android devices around the world, the researchers say.
Spanish authorities say they've arrested three individuals on charges of running a large-scale business email compromise scheme that targeted a dozen companies around the world to steal about $11 million.
A Texas resident has been sentenced to 12 years in federal prison for hacking into the Los Angeles Superior Court computer system and sending out approximately 2 million phishing emails to steal hundreds of credit and payment card numbers.
Facebook has removed four networks - three from Iran and one from Russia - after its investigation revealed they were spreading misinformation regarding politics and news related to the 2020 U.S. presidential election. The action is part of a larger effort by the social media firm to clamp down on abuse.
While the Russian-linked hacking group known as The Dukes, Cozy Bear and APT29 in recent years appeared to have gone somewhat quiet, researchers from ESET report that the hackers have been targeting various European embassies and ministries as part of what the security firm dubs "Operation Ghost."
"Silent Librarian," a hacking group with apparent ties to the Iranian government, is continuing to revamp and refine its phishing techniques as it targets research universities in the U.S. and Europe in an attempt to steal intellectual property, according to the security firm Proofpoint.
Despite a crackdown on some of its members in 2018, the FIN7 gang has returned with new malicious tools, including a revamped dropper and payload, according to analysts at FireEye. The hacking group is known for targeting point-of-sale machines and IT networks at a wide variety of businesses.
Nation-state attackers from outside the European Union pose the greatest threat to the continent's upcoming 5G networks, according to a new security assessment, which sidesteps the issue of Chinese firm Huawei's role in building these networks.
A Singapore man allegedly ran a large-scale cryptocurrency mining scheme that involved using stolen identities to access Amazon and Google cloud computing resources, according to a 14-count U.S. Justice Department indictment.
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