Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
After a U.S. indictment charged Russians with running a troll factory that interfered in U.S. elections, groups tracking online disinformation campaigns warn that Russian bots are now debating the school shooting in Parkland, Florida. The White House is facing questions over what it's doing to deter Moscow.
Australia's real-time payments platform, which launched last week, includes a feature designed to reduce fraud and erroneous payments. Ironically, the feature may also expose users to social engineering attacks.
Google has begun activating a new feature in Chrome that will block 12 types of intrusive advertisements. But some security experts say the online advertising industry needs to solve the malware and privacy problems that have caused users to turn to ad-blocking and anti-tracking tools.
Following banks in India and Russia reporting losses due to fraudulent transactions via the SWIFT interbank messaging platform, security experts are advising banks to be more vigilant and to take certain security steps, including better securing of remittance transactions.
Intel faces 32 lawsuits filed over the trio of flaws in its CPUs known as Meltdown and Spectre, seeking damages for the security vulnerabilities as well as alleged insider trading. The flaws have also been cited in lawsuits against chipmakers AMD and ARM, as well as against Apple.
Microsoft has been working to reduce the ability of attackers who use the PowerShell scripting language to "live off the land" in enterprise networks, in part via machine learning. But IT administrators should also have these three essential malicious PowerShell script defenses in place.
Is U.S. computer crime justice draconian? That's one obvious question following England's Court of Appeal ruling that suspected hacker Lauri Love would not be extradited to the United States, in part, because they said the U.S. justice system could not be trusted to treat Love humanely.
Some security practitioners are questioning the audit standards and internal controls maintained by state-run Punjab National Bank in the aftermath of the bank's Wednesday announcement that it had detected fraudulent transactions totaling more than $1.8 billion.
WhatsApp, the global messaging app that has more than 200 million monthly active users in India, has leveraged National Payment Corporation of India's Unified Payment Interface platform to launch its beta payment service that will allow users to send money to other WhatsApp users, excluding merchant accounts.
A U.S. grand jury has taken the extraordinary step of indicting 13 Russian nationals and three Russian companies for allegedly interfering with the U.S. political system, including the 2016 presidential election, in what the Justice Department portrays as "information warfare against the United States."
After a year of brainstorming on blockchain technology, Microsoft says it will add support in its Authenticator app for a decentralized identity system that's designed to put users in control of their personal information.
Leading the latest edition of the ISMG Security Report: U.S. intelligence chiefs warn Congress that Russia's information operations continue, while Europol says criminals love cryptocurrencies, both for stealing via scams as well as to launder "dirty money."