Over the past year, there's been a surge in so-called Magecart attacks, which involve payment card data being stolen from e-commerce sites via injected attack code. Researchers say they are tracing at least six active Magecart groups, each with unique infrastructure, skimmers and targeting.
Manufacturers need to change their approach to securing internet of things devices, says Aloysius Cheang, executive vice president for Asia Pacific at the Center for Strategic Cyberspace + Security Science, a U.K.-based think tank, who describes what needs to be done.
French film production and distribution company Pathe fired the two senior managers overseeing its Dutch operations after they fell victim to a business email compromise scam and approved $21 million in transfers to fraudsters. Many organizations remain at high risk from such scams.
Rather than creating a new commission to take the lead role on data security, the government of India is giving the Telecom Commission that role and renaming it the Digital Communications Commission, making it a primary custodian of citizens' data.
As the pace of technology innovation continues to quicken - including the ability to make payments via everything from Alexa to Facebook Messenger - risk-based security is imperative to maintain a frictionless customer experience, says Tim Ayling of Kaspersky Lab.
Once again, a supposedly secure service allegedly marketed to criminals has proven to have limits. Dutch police have busted a "cryptophone" operation, allowing them to decrypt more than 258,000 encrypted chat messages, leading to a drug lab bust, 14 arrests and the seizure of cash, drugs and weapons.
HSBC Bank is warning some of its U.S. customers that their personal data was compromised in a breach, although it says it's detected no signs of fraud following the "unauthorized entry." Security experts say the heist has all the hallmarks of a credential-stuffing attack campaign.
Many of the devices that go into so-called smart cities and buildings are not built to be secure, making it difficult for security operations centers to manage risk, warns Sarb Sembhi, CTO and CISO of Virtually Informed, who describes what needs to change.
Symantec has announced not one but two acquisitions of private cybersecurity firms: Javelin Networks and Appthority. Meanwhile, a private equity firm announced that it will acquire application security testing firm Veracode from Broadcom for $950 million in cash.
With the U.S. midterm elections occurring on Tuesday, the "trump" keyword remains king for spammers. "Spam campaigners understand the value of brands, and for spam as for ballots, and whether for or against, the election is all about Trump," security firm Proofpoint says.
Criminals wielding crypto-locking ransomware - especially Dharma/CrySiS, GandCrab and Global Imposter, but also SamSam - continue to attack. Insurance firm Beazley says cyber claims for ransomware have increased in recent months, with the healthcare sector hardest hit.
Australia's largest defense exporter says it hasn't responded to an extortion attempt after ship design schematics were stolen by a hacker. Austal says the material is neither sensitive nor classified.
The latest edition of the ISMG Security Report features Kevin McDonald of the Mayo Clinic discussing how to secure connected medical devices. Plus, updates on the indictments of Chinese agents for hacking and the unveiling of the Financial Services Sector Cybersecurity Profile.
Good news for anyone whose data has been crypto-locked by attackers wielding GandCrab, the year's most aggressive strain of ransomware: You may be able to get your data back, thanks to a free decryptor.
British Airways has discovered that hackers compromised payment card data and personal details for 185,000 more customers than it had originally suspected and that its systems were first breached not in August, but April. The airline now counts 429,000 data breach victims.