If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
The Securities and Exchange Commission and the Department of Justice have both charged Jun Ying, a former CIO at data broker Equifax, with engaging in illegal insider trading after he determined that his employer had suffered a massive breach.
Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
Whether it's insider or third-party vendor access, organizations are realizing they need to do more with their privileged accounts and systems. But traditional approaches often leave organizations with wide gaps in security. Sam Elliott of Bomgar explains what companies need to look for when it comes to access...
As data breaches increase in scale and frequency, businesses must ensure an effective, swift and well-orchestrated response. To help them, ISMG on Wednesday and Thursday will host a Fraud and Breach Prevention Summit in Mumbai offering insights from 20 leading CISOs and many other experts.
Fool me once, shame on you. Fool me twice, shame on me. That's the situation facing victims of Equifax's massive data breach, who are being offered identity theft or fraud monitoring services from none other than Equifax. First, however, they have to share some personal information.
An in-depth look at the DMARC anti-spoofing system - which the U.S. Department of Homeland Security this past week said it will require federal agencies to adopt - leads the latest edition of the ISMG Security Report. Also, continuous monitoring of the insider threat.
As the global threat landscape shifts, so does Kaspersky Lab. Moving from its traditional cybersecurity focus, Kaspersky now is honing in on fraud prevention. Emma Mohan-Satta describes this shift and what it means for security and anti-fraud leaders.
Two researchers who launched a crowdsourced effort to subscribe to the Shadow Brokers' monthly leak of stolen Equation Group exploits - on behalf of the entire information security community - have dropped their effort, citing legal concerns.
Sweden has ended a seven-year rape investigation against WikiLeaks founder Julian Assange. But it's far from the end of the legal troubles for the man whose spilling of secrets has shaped world politics.
Criminals have long aimed to separate people from their possessions. So for anyone who follows ransomware, the WannaCry outbreak won't come as a shock. Nor will longstanding advice for surviving ransomware shakedowns: Prepare, or prepare to pay.
The cybersecurity epitaph of the fired FBI director could read: "He showed courage to take on Apple." Comey publicly battled Apple CEO Tim Cook over unlocking the iPhone of the San Bernardino shooter, becoming the face of the proponents who seek ways to bypass encryption on mobile devices.
Here are five cyber-related takeaways from FBI Director James Comey's testimony before the Senate Judiciary Committee, including his rationale on notifying Congress of his decision to reopen the probe of Hillary Clinton's use of a private email server and steps the bureau is taking to defend against the insider threat.