Why are ATMs a top target for fraudsters? In an interview, Shirley Inscoe, a financial fraud expert and analyst at Aite Group, offers insights based on a new study and predicts the surge in skimming will continue next year.
Today's ISMG Security Report leads off with House Homeland Security Committee Chairman Michael McCaul and DHS Secretary Jeh Johnson lamenting about the congressional bureaucracy that hinders passage of needed cybersecurity legislation.
Cyber espionage and other increasingly sophisticated nation-state cyberattacks will escalate into what amounts to "cyberwar" in 2017, predicts security expert Michael Bruemmer of Experian Data Breach Resolution.
Many members of Britain's Parliament regularly use technology - and tech firms - as a scapegoat for intractable social issues or failed government policies. Does the country's new mass surveillance law now enshrine technology scapegoating into law?
The Internet Archive, a pioneering 20-petabyte digital repository, is raising funds to replicate its data in Canada. The group's founder fears that the election of Donald Trump as the next U.S. president portends an uncertain privacy rights future.
Deutsche Telekom says 900,000 customers were unable to access the internet after their routers were infected with malware. Researchers say it's a modified version of Mirai - code for building an internet-of-things botnet.
Facebook says it hasn't seen ransomware spreading through its Messenger instant messaging platform despite recent reports from researchers saying that the file-encrypting Locky may have slipped through.
The latest ISMG Security Report leads with a look at the ransomware attack against San Francisco's light rail agency. Also featured is an analysis of the ongoing fallout from Australia's online census project.
Score one for preparation: In the wake of a ransomware attack that infected 900 workstations, the San Francisco Municipal Transportation Agency says it's restoring affected systems, vowing to not give the attackers a single bitcoin of their ransom demand.
Local police are investigating ATM skimming attacks at four New York hospitals. Security experts warn that fraudsters will likely continue to target locations, including hospitals, where ATMs are not closely monitored and around-the-clock access to the terminals is available.
As more organizations take advantage of cloud computing, it's essential that they set precise security expectations with their vendor partners, Carson Sweet of CloudPassage says in this video interview.
A ransomware attack against San Francisco's Muni public transportation network attack over the busy Thanksgiving holiday - and Black Friday shopping - weekend left more than 2,000 fare-handling systems locked, leading officials to let people ride for free.
Organizations in all sectors need to be aware of newly emerging insider threats, including those tied to the dark web, Michael Theis of Carnegie Mellon's CERT Insider Threat Center explains in this video interview.