Authorities in Bangladesh are investigating hacker attacks against at least three banks in that nation last month. Dutch Bangla Bank Ltd. lost as much as $1.4 million in an attack, which apparently involved planting malware in an ATM switch, according to news reports.
Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Cloudflare was unsparing in its criticism of Verizon over a BGP snafu that hampered 15 percent of its global traffic, as well as traffic of Amazon and Google. Verizon's error underscores that much heavy lifting remains to make critical internet infrastructure secure.
Attackers - likely operating from China - have been surreptitiously hacking into global telecommunications providers' networks to quietly steal metadata and track subscribers - and those with whom they communicate - as part of an ongoing cyber espionage operation, warns security firm Cybereason.
Even though the EU's General Data Protection Regulation has been in effect for more than a year, it's no privacy panacea, says (TL)2 Security founder Thom Langford. While GDPR has reframed the global privacy discussion, room for improvement remains, he explains in this interview.
Often in breach response, security professionals focus on the technical aspects of the attack. Yet, the non-technical aspects are often more insidious, says Teju Shyamsundar of Okta. And Identity can be a powerful tool to bolster defenses.
Finding the right balance between risk and resilience is a challenge for every cybersecurity project - especially in the aerospace, space and defense sectors - and that's why such efforts must be driven by CISOs and CIOs, says Leonardo's Nik Beecher.
More organizations are deploying single sign-on mechanisms when they move to software-as-a-service applications to help enhance authentication and control access, says Moshe Ferber, chairman of the Israeli chapter of the Cloud Security Alliance.
Iran is increasing its malicious cyber activity against the U.S, which could manifest in attacks that render computers unusable, a top U.S. cybersecurity official says. The warning comes after the U.S. reportedly targeted Iranian computer systems in response to the downing of a surveillance drone.
Too many organizations around the world take a "bare minimum" approach to third-party risk management, says Jonathan Ehret, founder of the Third Party Risk Association, who offers risk mitigation insights.
Despite India's move to EMV-chip payment cards, ATM fraud continues to take place. Experts say risk of skimming is not eliminated with chip cards if they still have magnetic stripe and ATMs continue to read these stripes.
WhatsApp, the messaging service owned by Facebook, says it's ready to launch its digital payment services, WhatsApp Pay, in India following its beta test. But the Supreme Court says WhatsApp first must comply with RBI's data localization requirements.
Hackers have repeatedly stolen valuable data - including launch codes and flight trajectories for spacecraft - from NASA's Jet Propulsion Laboratory in recent years, according to a new inspector general audit, which describes weak security practices.