Fraud is an increasingly serious threat for businesses around the world, eroding data integrity and security, consumer confidence and brand integrity. When fraud is discussed, hackers or external fraudsters often come to mind. However, insider fraud is a critical threat that is growing.
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Ticketmaster has agreed to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor's computer system on at least 20 separate occasions, using stolen passwords to conduct a cyber espionage operation.
To enhance organizations' security postures in the year ahead, CISOs must strengthen authentication processes, increase the use of network segmentation tools and deploy effective threat intelligence capabilities, two CISOs recommend.
Italian authorities arrested two employees of the Italian defense contractor Leonardo S.p.A. for installing a backdoor Trojan into the company's systems and exfiltrating 10GB of data over a two-year period, according to local law enforcement officials.
Adopting a "security by design" approach and weaving it into the digital transformation road map helps organizations defend against cyberthreats, says Reem AlShammari, CISO at Kuwait Oil Co., who also advocates threat information sharing.
The attacks targeting financial services organizations continue to increase in both volume and sophistication. Security-conscious enterprises need to prepare for threats that emanate from external cybercriminals as well as employee errors and malicious insiders.
While detection, threat intelligence and other...
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
A remote workforce. Economic stress. Pandemic fatigue. These ingredients create a "perfect storm" for insider risk, whether through malicious acts or accident. What can you do to improve monitoring and mitigation of insider risk in these unique conditions?
Randy Trzeciak, director of the CERT Insider Threat Center...
Amidst this new "perfect storm" of insider risk, enterprises face new challenges in detecting malicious and accidental activities. Tricia Hoyt, Director of Security Operations at ReliaQuest, offers insight on how to assess and reduce the risks.
A former vice president of a personal protective equipment packaging firm has been sentenced to prison and ordered to pay restitution for sabotaging the company's electronic shipping records during the COVID-19 pandemic - causing delays in deliveries - after he was terminated from his job.
Death via a thousand paper cuts? The U.S. government hasn't been able to arrange a domestic court date for whistleblower Edward Snowden, but via the courts, it's successfully been awarded $5.2 million in his book royalties and revenue from speaking engagements.
The Secure Access Service Edge - or SASE - model can help CISOs make incremental progress on enhancing security while designing a long-term strategy, says Siddharth Deshpande, director of security strategy for Asia-Pacific and Japan at Akamai Technologies.
Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.