While the banking industry in India has achieved some security maturity, India Post will be starting from scratch as it launches India Post Payments Bank. But the new bank will have the opportunity to build security into its infrastructure and processes, rather than bolting it on later.
At a time when India needs its leaders to spell out practical new ways to address its evolving cybersecurity challenges, Ravi Shankar Prasad, minister of IT and law, unfortunately chose to mainly rehash ongoing efforts in a recent presentation. What should be on the to-do list?
SWIFT screwed up. That's the takeaway from a new report into the Brussels-based cooperative, which alleges that the organization overlooked serious concerns relating to smaller banks' security and the risks they posed to the health of its entire network.
Unlike other malware, ransomware practically screams and shouts at victims, and that distinct behavior holds promise for helping to better detect and block ransomware infections, according to Northeastern University security researchers.
MacKeeper squared off with a 14-year-old over four videos he posted that criticized the anti-virus firm's marketing practices, warning the teenager that his parents could face steep legal fees and civil fines for alleged slander and libel.
LinkedIn failed to force all users to reset their passwords after a 2012 breach of at least 6.5 million credentials came to light. But it turns out the breach actually compromised 167 million accounts. Whoops.
Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
Cybercriminals are in mourning after the shocking announcement from Oracle that it will deep-six its beloved Java Web browser plug-in technology, owing to browser makers failing to support "standards based" plug-ins.
Sophisticated phishing campaigns, increasingly targeted because of social media, are fueling business email compromises - a growing wire fraud scheme that is attacking businesses worldwide, says Jim Hansen of PhishMe.
Home Minister Rajnath Singh says India is increasingly susceptible to international cyberattacks, and new barriers must be created. He also asks cybersecurity experts to be alert to online radicalization.
FBI Special Agent Charles Gunther says collaboration with FinCEN, international law enforcement and U.S. banks has helped the FBI recover millions of funds stolen from customers via emerging wire fraud schemes.
Shed a tear for enthusiasts of aging Microsoft Windows operating systems. That's because Microsoft has now retired Windows Server 2003 support, as well as anti-virus scanner and signature updates for Windows XP. But breaking up can be hard to do.
Psychologically speaking, nothing beats the power of a well-timed deadline. And love it or hate it, Google's 90-day "Project Zero" deadline for fixing flaws - before they get publicly disclosed - has rewritten bug-patching rules.