While the banking industry in India has achieved some security maturity, India Post will be starting from scratch as it launches India Post Payments Bank. But the new bank will have the opportunity to build security into its infrastructure and processes, rather than bolting it on later.
The Petya ransomware gang says it released 3,500 crypto keys that it stole - along with source code - from rival Chimera ransomware developers. If the keys are legitimate, security firms say they can build decryption tools for Chimera victims.
India's National Cyber Security Coordinator, Dr. Gulshan Rai, puts forth a five-point agenda to secure digital India. Critics question what's new and different about the plan and suggest what they see as the right steps to security.
Europe's biggest annual information security conference returns to London this week. Here's my pick of the top Infosec Europe sessions, with topics ranging from cybercrime and incident response to EU regulations and the Internet of Things.
How will federal banking regulators respond to growing criticism of the FFIEC's Cybersecurity Assessment Tool? A new FDIC publication leads some experts to believe no new guidance is forthcoming. Here's why.
Amidst a perfect storm of circumstances, how will CISOs ensure that they remain relevant? Is outsourced security and MSSP dependence going to take over? Or are virtual CISO specialists going to rule the roost?
It's no surprise that virus-wielding hackers are exploiting Internet of Things devices. Blame too many device manufacturers rushing products to market, skimping on secure development practices and failing to audit the third-party code they use.
In the wake of an "inebriated" government employee crashing a drone on the White House lawn, federal officials sound warnings over the potential weaponization of consumer drones. But is it anything more than a Hollywood-style movie plot?
A Tennessee utility has sued its bank after a $327,000 account takeover incident. This new case shows why institutions must go above and beyond when it comes to detecting and thwarting fraud losses.
No question, the information security community - and all of us at ISMG -- lost a friend with the untimely death of Terry Austin, CEO and President of Guardian Analytics.
A DDoS attack against Ellie Mae, which provides technologies to mortgage originators, comes just as banking regulators issue a reminder about the risks associated with such attacks. Experts offer risk mitigation insights.
Speculation surrounding the cause of the disappearance of Malaysia Airlines Flight 370 hasn't included the possibility of a cyber-attack. But one cybersecurity expert contends hacking an airliner is feasible.
A new Ponemon Institute study shows the average annual cost of cybercrime for 60 major U.S. companies rose 26 percent this year. Find out some of the factors contributing to the rising cost.
Termination of an employee after a breach should be reserved for repeat offenders, individuals who show a total disregard for the rules, those who seek to harm another or the most egregious incidents, security expert Mac McMillan contends.
The PATCO fraud case shows why banking institutions cannot rely on compliance to ensure security. In an RSA 2013 preview, attorney Joseph Burton discusses legal lessons from the PATCO settlement.
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