In response to Indian banks' slow progress in addressing outdated ATMs, the Reserve Bank of India has ordered all financial services firms in India to upgrade their ATMs in a phased manner, with a final deadline of June 2019.
Helping victims know their passwords have been exposed in a data breach is half the battle in the fight to improve password security. To help, Mozilla and 1Password are integrating into their products a feature from the popular "Have I Been Pwned" breach notification service.
Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.
Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.
Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a former cybercriminal who now consults on crime prevention. But regulating cryptocurrencies is no easy task, he acknowledges. Johnson will keynote ISMG's Fraud and Breach Prevention Summit in Chicago.
Human resources software developer PageUp says it doesn't appear that personal data exposed in a malware attack was actually removed from its systems. But it has also found authentication error logs that recorded incorrect login attempts from before 2007.
As organizations detect more breaches, incident responders are increasingly overloaded, says Darktrace's Dave Palmer, who recommends organizations adopt strategies for "surgically interrupting the bad" while maintaining normal business processes and productivity.
Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.
There's data breach good news and bad news for organizations in Europe, the Middle East and Africa, says Mike Trevett of FireEye's Mandiant. In general, attackers are dwelling in networks for less time before being discovered, except for some particularly long-lasting breaches in EMEA.
Cybersecurity insurers, faced with growing demand, are looking for new ways to better measure their risks, says Aleksandr Yampolskiy, CEO of SecurityScorecard. So some are moving toward more carefully scrutinizing the cybersecurity postures of their potential clients.
One of the key lessons offered at ISMG's Fraud & Breach Prevention Summit, held June 12-13 in Bengaluru, was the need for security practitioners to have a better perception of threats and risks so they can build successful detection and defense mechanisms.
The anti-Kaspersky Lab rhetoric continues to heat up, with the European Parliament passing a motion that brands the Moscow-based firm's software as being "confirmed as malicious." In response, Kaspersky Lab has halted all work with European institutions, including Europol, pending clarification.
Nearly three weeks after human resources software vendor PageUp discovered malware on its system, the tally of what data was exposed remains unclear, although successful job applicants appear to have been hardest hit.