A sophisticated supply-chain attack dubbed Operation ShadowHammer is becoming more pervasive, with the group targeting online gamers, security researchers at Kaspersky Lab warn.
For the first time, members of the secretive "Five Eyes" intelligence-sharing group will make a joint public appearance to discuss how they collaborate, sharing a stage in Glasgow, Scotland, during the CyberUK conference. The Five Eyes alliance comprises Australia, Canada, New Zealand, the U.K. and U.S.
Everett Stern, the whistleblower who called attention to HSBC's international money laundering activities, which ultimately resulted in a $1.9 billion fine, says the crackdown on financial fraud still has a long way to go. He'll be the keynoter at ISMG's Fraud and Breach Summit in Chicago on May 14.
The rapidly changing cybercrime landscape has required organizations to seek new methods, such as machine learning, that enable systems to learn, adapt, and uncover emerging fraud patterns quickly. However, there are many debates about the merits of machine learning models for fraud detection and which one works...
Known for targeting banks and ATMs in Russia and other Eastern European countries, the "Silence" gang apparently is now expanding into other regions, using a combination of custom malicious tools and "living-off-the-land" techniques, researchers report.
Latha Reddy, India's former deputy national security adviser, says the nation should designate election infrastructure as "critical information infrastructure" to help ensure that cybersecurity is a much higher priority. She also spells out other critical steps.
Fraud, e-hustles and social engineering attacks continues to proliferate, the FBI's latest report into the state of internet crime confirms. But over the past year, a new FBI tactic for quickly stopping fraudulent wire transfers has notched notable successes.
Marcus Hutchins, the British security researcher who helped stop the massive WannaCry ransomware outbreak in mid-2017, has pleaded guilty to developing and distributing "Kronos" banking malware.
In recent days, two major companies -Wipro and JustDial - did a poor job of communicating following data leaks. This points to the need for a strong breach notification law in India.
Robert Mueller's report into Russian interference clearly states: "The Russian government interfered in the 2016 presidential election in sweeping and systematic fashion." In the wake of the Trump administration lifting some Russian sanctions, one expert says it must take the opposite tack.
Two security issues disclosed by Facebook over the past month are worse than first thought, adding to a harrowing series of data-handling mishaps by the social network. Millions of Instagram users had their plain-text passwords stored, and 1.5 million people had their email contact lists uploaded without consent.
A set of malicious tools, along with a list of potential targets and victims, belonging to an APT group dubbed OilRig has leaked online, exposing some of the organization's methods and goals, analysts say.
A warning that a smartwatch marketed to parents for tracking and communicating with their children could be coopted by hackers leads the latest edition of the ISMG Security Report. It also reviews how a DNS hijacking campaign is hitting organizations and how "dark patterns" trick users.
Among the top new spear phishing threats to enterprises: Extortion. Asaf Cidon of Barracuda outlines the top three spear phishing threats and new strategies to defend against them.
The discovery of an apparent data breach at Indian IT service firm Wipro could hurt the firm's reputation, as well as the reputation of other outsourcing companies, some observers say.
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