It's the age of "open banking," and that means changes for banking institutions and their customers - as well as for the fraudsters. Shaked Vax of IBM Security Trusteer talks about new vulnerabilities and anti-fraud strategies.
The chairman of the Securities and Exchange Commission, Jay Clayton, promised the Senate banking committee Tuesday that his agency is pursuing numerous cybersecurity improvements in the wake of a May 2016 breach.
Researchers investigating the CCleaner malware outbreak have had a lucky break: The attackers' backup server shows that they pushed secondary malware onto systems at Intel, VMware, Fujitsu and Asus, among others, as part of what appears to be a very targeted attack campaign.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.
The chairman of the U.S. Securities and Exchange Commission will face the Senate Banking Committee next week following the agency's belated disclosure that in May 2016, hackers stole secret market data from the SEC's systems and apparently used it for "illicit gain through trading."
In today's dynamic threat landscape, "real-time" is the operative phrase - and it needs to apply both to threat detection and incident response, says Tim Bandos of Digital Guardian. What are the required security controls and tools?
Hackers behind the mega-breach at Equifax stole data in May, but they - or other attackers - penetrated the credit bureau's systems in March, exploiting a vulnerability for which Apache Struts had issued a patch, just four days prior.
Are organizations making the same security mistake with APIs today that they made with their websites 10 and 20 years ago? Jeffrey Costa of Akamai Technologies says yes and offers insight on securing and caching APIs.
Equifax is disputing Bloomberg's report that it suffered an undisclosed data breach, discovered in March, that predates the massive breach that began in May. Instead, Equifax says the March incident involved its payroll service and that it notified all victims and required regulators.
Equifax made an error that led to one of the largest and most sensitive data breaches of all time, and the mistake was elementary: The credit bureau failed to patch a vulnerability in Apache Struts - a web application development framework - in a timely manner.
In cryptocurrency we trust: The government of North Korea has been turning to bitcoin exchange heists and cryptocurrency mining - potentially using malware installed on other countries' systems - to evade sanctions and fund the regime, security experts say.
Equifax has a new problem on its hands: Argentina. Investigators with security consultancy Hold Security discovered that Equifax's Argentina website exposed national identity numbers for at least 14,000 citizens. But the information exposure may be far more extensive.
If the Equifax breach turns out like every other massive data breach we've seen for more than a decade, after a big brouhaha - from Congress, state attorneys general, consumer rights groups and class-action lawsuits - nothing will change, because that would require Congress to give Americans more privacy rights.
A 10-digit PIN used by consumers to freeze access to credit reports with Equifax is based on dates and times, several observers have noticed. Equifax says it plans to change how the PIN is generated, but experts say it's another troubling development for a troubled company.