Police in India have launched a formal investigation of a malware attack on a Cosmos Bank ATM server that enabled attackers to siphon off US$13.4 million. Security experts say the incident raises many questions.
An Australian teenager was such a fan of Apple that he hacked into the technology giant's mainframe, according to media reports. The teen has pleaded guilty to stealing 90 GB of sensitive information. But Apple says no customers' personally identifiable information was exposed.
U.S. President Donald Trump signed a presidential order on Wednesday that revokes a set of Obama-era guidelines for offensive cyber operations, The Wall Street Journal reports. The policy change may satisfy critics who contend the U.S. should be able to move faster, but it raises risks of escalating cyber conflict.
Malware detection needs to shift to detecting anomalous behavior, rather than depending on signature-based detection technologies to deal with such threats as sandbox-evading malware, says Verizon's Ashish Thapar.
A phishing attack on Wednesday fueled by the Necurs botnet targeted at least 2,700 banking institutions of various sizes in the U.S. and around the world, explains Aaron Higbee of Cofense, which detected the attack.
The 2018 State of the Phish Report presents analysis of data that can help CISO's and their teams identify opportunities to manage end-user risk. The report delivers the types of data infosec professionals are seeking as they develop their own security awareness training programs.
Download this report to learn more...
A cryptocurrency investor is suing AT&T for $240 million, alleging he lost $24 million in virtual currency after the carrier failed to stop two separate attacks where his phone number was commandeered by attackers. The incident highlights the dangers of using a phone number as an authentication channel.
The Cobalt cybercrime group is targeting as many banks as possible, which poses risks particularly for smaller, less protected institutions, says Tim Bobak, APAC executive director for Group-IB.
Cybercrime investigators will face increasing difficulties if bad actors begin accepting more privacy-centric cryptocurrencies rather than bitcoin, says Andrei Barysevich of Recorded Future.
Deterring nation-states such as Russia and North Korea from executing cyberattacks will require sanctions and other pressure, says Fergus Hanson of the Australian Strategic Policy Institute.
The FBI warns that cybercriminals are planning a large-scale operation aimed at emptying ATMs, a type of attack that has caused swift and costly losses for financial institutions. The attack may utilize data from a breach of an unknown card issuer, the FBI says.
For those who operate downstream from a business's main security architecture, the effect of bots on the most pernicious types of fraud they face is clear. Employing technology to combat bots should be a vital part of any e-commerce merchant's layered defense against fraud.
Download this white paper and learn...
An analysis of the privacy issues Amazon will face as it dives deeper into the healthcare business leads the latest edition of the ISMG Security Report. Also featured: A preview of ISMG's Security Summit in New York Aug. 14-15.
Check Point says it has found three ways to falsify messages in WhatsApp, which it claims could be employed by scammers and used to spread fake news. WhatsApp acknowledges the findings, but it will not engineer patches.
Much of the attention around Chinese hacking is directed toward advanced threat groups suspected to have links to China's government. But a new report shows that the nation's hacking goes far deeper, and there's a thriving scene that has adapted to an internet heavily controlled by the government.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.co.uk, you agree to our use of cookies.
