Police in India have made seven arrests of suspected money mules involved in the theft of $13.5 million from Cosmos Bank. Authorities continue to investigate the heist in hopes of identifying those who led the attack.
One mystery with the recently discovered payment card sniffing attacks against such organizations as British Airways and Newegg has been how attackers might have first gained access to the victims' networks. But a number of cybercrime markets sell such access, in some cases for as little as 50 cents.
Scotland's Arran Brewery fell victim to a Dharma Bip ransomware attack that infected its Windows domain controller and crypto-locked files and local backups, leading to the loss of three months' worth of sales data. The brewery refused to pay the attackers' two bitcoin ransom demand.
Business email compromises have been at the center of a number of procurement fraud scams, says Allan Stojanovic, a security architect and analyst at the University of Toronto, who describes the fraud and why it's so difficult to thwart.
DDoS attacks have increased significantly in scale via IoT botnet attacks. Gary Sockrider of Netscout Arbor discusses best practices for dealing with this significant threat.
Connecting the dots between disparate forms of machine data can prove to be valuable in discovering fraud patterns, says Jade Catalano of Splunk, who explains how.
The latest edition of the ISMG Security Report takes a look at the EU's General Data Protection Regulation, including the outlook for enforcement and common misconceptions about its provisions.
Seeking better operational efficiency and ROI, many enterprises have begun significant software automation and orchestration efforts without accounting for the inherent security risks they may bring, says Jeffery Kok of CyberArk.
Researchers say hackers are increasingly using Indian government websites to mine cryptocurrencies. Security experts urge government authorities to take steps to mitigate the risks of cryptojacking, which can cause performance problems.
Credit bureau Equifax has been hit with the maximum possible fine under U.K. law for "multiple failures" that contributed to its massive 2017 data breach, including its failure to act on a critical vulnerability alert issued by the U.S. Department of Homeland Security.
Online retailer Newegg is investigating a malware attack that may have stolen customers' payment card details for more than a month. Security firms have traced the heist to Magecart, a loose affiliation of cybercrime gangs also tied to payment card data breaches at British Airways and Ticketmaster.
November 1 ushers in a whole new era of breach notification requirements for Canada. What are the new standards, and how prepared are Canadian organizations? Attorney Imran Ahmad shares insights.
Criminals operating online continue to target cryptocurrencies, leverage phishing and other social engineering attacks, as well as tweak age-old scams - including Nigerian prince emails - for the modern age. So warns Europol in its latest Internet Organized Crime Threat Assessment.
If you're going to hack, why not go for the gold? That appears to have been the impetus behind an unusual data breach at the government-owned Perth Mint in Western Australia, which says personal details for 3,200 customers stored in an old database were compromised.
Hackers are constantly developing new exploits, and updating defenses is not an easy task. Dan Larson of Crowdstrike discusses some the new techniques hackers are using and how to fight them off.
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