A group of Russian-speaking hackers over the past year-and-a-half has stolen nearly $10 million from banks, mostly in the United States, Britain and Russia, the Moscow-based, according to cybersecurity firm Group-IB.
Cybercriminals continue to rely on individuals who undertake the risky operation of moving illicit proceeds from one location to another. But these "money mules" face a multitude of risks, including imprisonment, police warn.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
Artificial intelligence can help improve network health by building a "pattern of life" for every device, user and network, says Justin Fier of Darktrace, who explains how to improve network visibility.
The latest ISMG Security Report features a special report on securing medical devices. Healthcare security leaders from the FDA, an academic medical center and a medical device manufacturer share their insights on the challenges involved.
Ethiopian dissidents living overseas had their devices infected with spyware made by an Israeli defense company, Canadian researchers allege. Their findings have revived longstanding concerns over some governments' potential abuse of powerful surveillance tools.
The HITRUST Cyber Threat Xchange played a role in making U.S. healthcare organizations aware of the worldwide WannaCry ransomware campaign early enough to help them thwart the threat, says HITRUST's Elie Nasrallah.
Two-factor authentication solutions face two problems: They are not widely adopted, and attackers find them far too easy to crack. What's the answer? New risk-based multifactor solutions, says Jim Wangler of SecureAuth.
The hacker to whom Uber paid $100,000 to destroy data and keep quiet about its big, bad breach is a 20-year-old man living in Florida, Reuters reports. But numerous questions remain about the 2016 breach, including whether the payment was a bug bounty, extortion payoff or hush money.
Christiana Care Health System, which operates a network of hospitals, is working on several risk management priorities for 2018, including adopting the HITRUST framework, implementing appropriate controls for protecting against emerging threats and phasing in new security technologies, says Anahi Santiago, CISO.
A 10-member government-appointed committee in India has drafted a white paper that includes recommendations for components of a new data protection law. The government is seeking feedback on the report through Dec. 31.
In the latest blow to Kaspersky Lab, the U.K. government is warning that the Russian anti-virus vendor's software should not be used on computers that handle classified information. British bank Barclays has also ceased giving away Kaspersky's AV software to its customers.
In an era where users are working simultaneously across mobile, social and cloud applications and platforms, organizations need to deploy identity and access management solutions that can scale and adapt quickly. IBM's Sean Brown describes the rise of Identity as a Service.