For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.
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.
Running a security operations center today remains a "challenging operation," not only when it comes to the required technology, but also people and processes, says Cyberproof's Adrian Bisaz, who describes how SOCs must evolve.
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 explosion in the growth and diversity of devices linked to networks as a result of the internet of things and BYOD makes it more challenging to manage network security, says Wallace Sann of ForeScout.
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.
Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
When June arrives in the United Kingdom, that means it's time for the annual Infosecurity Europe conference in London. Here are visual highlights from this year's event, which featured 240 sessions, 400 exhibitors and an estimated 19,500 attendees.
The U.K.'s Dixons Carphone is investigating a data breach that resulted in the suspected exposure of 5.9 million payment cards and nonfinancial information for 1.2 million customers. The incident could become the first U.K. breach to fall under the EU's General Data Protection Regulation.