Yet another organization has acknowledged it opted to pay cyberattackers after its systems were infected with ransomware, the file-encrypting malware that has become one of the most dreaded menaces across the internet.
More than 32.8 million Twitter credentials have been compromised and are being offered for sale on the dark web, claims LeakedSource, a subscription-based breach notification service. But some security experts question whether the credentials are current and authentic.
Researchers at RiskAnalytics have watched a botnet of compromised computers in the Ukraine and Russia become a growing hive of criminal activity, playing a role in everything from ransomware and click fraud to spam bots and stolen payment card marketplaces.
Dropbox is keeping a close eye on the latest news reports of big-name, big-data breaches, but says the reported hackers are bluffing when claiming to have compromised and obtained the web storage service's data.
Some 85 percent of the mobile banking apps in the Asia-Pacific region fail basic security checks, according to a recent study by AppKnox. Experts outline the challenges faced by banks in securing mobile apps and share some recommendations.
Cybercrime continues to be incredibly lucrative. Yet many of the techniques being wielded by connected criminals aren't new, said security expert Mikko Hypponen of F-Secure in a keynote speech at this week's Infosec Europe conference in London.
Akamai warns of a rash of less sophisticated attempts to extort companies by threatening to strike with distributed denial-of-service attacks, which can be expensive for organizations to defend against.
Demonstrating the return on security investment and getting management buy-in remain some of the less glamorous, but very real challenges faced by Indian CISOs, says Shivkumar Pandey of the Bombay Stock Exchange.
Insider fraud is one of the biggest challenges facing Indian security practitioners, yet they struggle to respond to insider crimes, says Berjes Shroff, CISO of Godrej Infotech, and a speaker at the ISMG Data Breach & Fraud Prevention Summit Asia in Mumbai.
The Hong Kong Monetary Authority plans to raise the cybersecurity of its banking system through a new, three-pronged approach. But critics say the regulator needs to come up with clear security mandates to ensure a cybersecure ecosystem.
TeamViewer is strengthening the security of its remote access application after an uptick in account takeovers that the company says is the result of hackers reusing account credentials from recent data breaches.
Will a federal appellate court ruling in favor of a Minnesota bank that sued its insurer for coverage of costs associated with a fraudulent wire transfer have a big impact on similar cases? Experts offer an analysis.
The Reserve Bank of India has issued new cybersecurity guidelines to scheduled banks, directing them to devise cybersecurity policies distinct from their institutions' existing IT or IS security policies.