Cyberattacks are increasing in frequency, complexity, nuance and stealth. But human error, business compulsions and increasingly complex environments make it difficult to maintain adequate defenses, says Juniper Network's CTO for India and SAARC
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
In the face of rapidly emerging new technologies and eco-systems, such as the Internet of Things and Smart Nation, Singapore has issued new cloud outage incident response guidelines. Security leaders react to the core recommendations.
Vietnam's TPBank says it successfully foiled more than $1 million in fraudulent transfer requests apparently initiated by the same hackers who targeted Bangladesh Bank and other SWIFT-using institutions with PDF reader malware.
The Commercial Bank of Ceylon has apparently been hacked, and its data has been dumped online by the Bozkurtlar hacking group that has leaked data from seven other banks in the Middle East and South Asia since April 26.
Law enforcement agencies have scored some notable botnet-busting successes, disrupting malicious infrastructure and arresting botnet-using gangs. But cybercriminals are adapting, one top EU cybercrime investigator warns.
Mozilla wants the U.S. government to provide it with information about a possible unpatched vulnerability in its Firefox browser, which was used by the FBI as part of a large child pornography investigation.
The theft of $81 million from Bangladesh Bank was "part of a wider and highly adaptive campaign targeting banks," SWIFT warns its 11,000 customers. Investigators say signs point to the same attackers having hacked Sony Pictures Entertainment in 2014.
Amidst finger-pointing over responsibility for the $81 million online theft from Bangladesh Bank, SWIFT has issued its first-ever information security guidance to banks, telling them that they're responsible for securing their own systems.
The SWIFT messaging platform, which was hacked during the Bangladesh Bank heist, is used widely by most Indian banks for international financial transactions. Institutions that rely on the platform must be more vigilant, experts warn.
Anonymous, which launched a DDoS attack on Bank of Greece's website and those of several other banks, plans to attack top banks from Southeast Asia. Can Indian banks deflect such attacks with adequate DDoS defences?
Verizon's annual Data Breach Investigations Report has triggered an avalanche of criticism that researchers made critical errors when studying and reporting on the top 10 most frequently exploited software vulnerabilities.
The same Turkish hacking group that recently leaked data from Qatar National Bank and UAE's InvestBank apparently has leaked data that appears to belong to five banks in Nepal and Bangladesh. But are the leaks the result of new breaches?
It's one thing to talk or even plan about "What happens if we are breached?" It's quite another to undertake a true breach exercise. What are the critical elements of such a drill? Author Regina Phelps shares advice from her new book.