Some security practitioners are questioning the audit standards and internal controls maintained by state-run Punjab National Bank in the aftermath of the bank's Wednesday announcement that it had detected fraudulent transactions totaling more than $1.8 billion.
WhatsApp, the global messaging app that has more than 200 million monthly active users in India, has leveraged National Payment Corporation of India's Unified Payment Interface platform to launch its beta payment service that will allow users to send money to other WhatsApp users, excluding merchant accounts.
A U.S. grand jury has taken the extraordinary step of indicting 13 Russian nationals and three Russian companies for allegedly interfering with the U.S. political system, including the 2016 presidential election, in what the Justice Department portrays as "information warfare against the United States."
After a year of brainstorming on blockchain technology, Microsoft says it will add support in its Authenticator app for a decentralized identity system that's designed to put users in control of their personal information.
Leading the latest edition of the ISMG Security Report: U.S. intelligence chiefs warn Congress that Russia's information operations continue, while Europol says criminals love cryptocurrencies, both for stealing via scams as well as to launder "dirty money."
Cyber intelligence expert Tom Kellermann discusses the significance and impact of the announcement that 13 Russian nationals and three Russian entities were indicted Friday for allegedly meddling in the 2016 presidential election.
Criminals in Europe are annually laundering at least $4 billion - and growing - via cryptocurrencies, warns Europol. The agency is calling on regulators and legislators to regulate cryptocurrencies to help battle money laundering and protect consumers.
Attackers recently snuck cryptomining code onto thousands of websites by inserting it into a third-party accessibility plug-in called Browsealoud. Web specifications designed to guard against these types of rogue actions by third-party code libraries already exist. Why aren't more sites using them?
The top U.S. intelligence official has warned Congress that Russia will attempt to meddle in the this year's U.S. midterm elections, a repeat of the country's alleged 2016 U.S. presidential election interference.
Australia is the latest country to roll out real-time payments, where funds from an account at one bank reach an account at another bank in seconds. While convenient, the system poses fresh fraud challenges and consumer protection concerns.
As internet of things devices become increasingly common in the enterprise, CISOs must lead the way in making sure emerging security issues, including a higher risk of distributed denial-of-service attacks, are adequately addressed, says John Pescatore of the SANS Institute, which offers training for CISOs and others.
In an exclusive, in-depth analysis, a panel of security experts concludes that India's recent Aadhaar data security conundrum, resulting in identity theft and data breaches, was due to poor implementation of security, monitoring and authentication mechanisms.
After suffering one of the worst data breaches in history, in which 145.5 million U.S. consumers' personal details were stolen, credit bureau Equifax has hired Jamil Farshchi to serve as its new CISO. Farshchi joins from Home Depot, which hired him after suffering a massive data breach.