Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according to a report by Chainalysis.
Law enforcement agencies in five countries have shut down WeLeakInfo.com, which allegedly provided cybercriminals with access to over 12 billion personal records culled from 10,000 data breaches.
As business email compromise schemes continue to evolve, some cybercriminals are focusing on accessing companies' financial documents, which provide useful information to support the theft of money, according to a new report from security firm Agari.
For close to three years, a technology executive was hounded by a persistent attacker who stole his identity, opened credit cards in his name, and wired funds from his bank account. Though SpyCloud helped bring this particular criminal to justice, these tactics are common in targeted attacks.
If your account...
The latest edition of the ISMG Security Report discusses why Britain is struggling to determine whether to use China's Huawei technology in developing its 5G networks. Plus: An update on a mobile app exposing infant photos and videos online and an analyst's take on the future of deception technology.
As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
One gaping hole in the U.S. government's push to counter Chinese-built 5G telecommunications gear remains the lack of alternatives. But a bipartisan group of senators is seeking to create a $1 billion fund to create trusted, Western-built options.
A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax, which in 2017 suffered one of the largest data breaches in history. The minimum cost to Equifax will be $1.38 billion.
A new Princeton University research paper finds that five major U.S. prepaid wireless carriers are leaving their customers open to SIM swapping attacks. The main culprit is weak account authentication procedures that attackers can easily exploit.
The British government continues to delay deciding whether it will ban Chinese networking gear from its national 5G rollout, as the Trump administration demands. But with future trade deals on the line as the U.K. navigates its "Brexit" from the EU, Britain cannot afford to anger either Beijing or Washington.
Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?
The Financial Services Fraud and Consumer Trust Report provides an in-depth analysis of the trends transforming the Financial Services industry and explores how businesses can stay relevant and profitable.
In this report, we address three market drivers in financial services:
Consumer trust is a competitive...
Hackers with ties to the Russian government have targeted Ukrainian natural gas firm Burisma with phishing attacks designed to steal credentials, according to researchers at Area 1 Security. The company is at the center of the impeachment of President Donald Trump.
Microsoft this week issues the final, free security updates for its Windows 7 operating system, as well as Windows Server 2008 and 2008 R2. But with one-third of all PCs continuing to run Windows 7, experts are urging organizations to immediately move to a more modern operating system.
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