A member of the Massachusetts Air National Guard has been arrested for leaking highly classified military and intelligence documents. The U.S. Department of Justice announced that Jack Teixeira, 21, was taken into custody by FBI agents following the leaking of more than 100 documents.
The cybercrime economy appears to remain alive and well: Compared to last year, researchers report seeing an increase in the number of known ransomware victims as well as initial access listings, which facilitate such attacks. The impact the takedowns of BreachForums and Genesis remains to be seen.
Not all ransomware groups wield crypto-locking malware. Some have adopted other strategies. Take BianLian. After security researchers released a free decryptor for its malware, instead of encrypting files, the group chose to steal them and demand ransom solely for their safe return.
In the 21-month stretch from October 2020 to June 2022, a whopping 48 cybersecurity startups received 10-figure valuations as investors evaluated prospects on potential rather than performance. Now that the financial boom has gone bust, what happens to these unicorns from a different economic era?
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
Security director Ian Keller, rants about the insider threat and the massive role leadership plays in changing people's behavior so they don't become one. As Keller says, "The way you treat people is directly reflected in how they treat you and your business."
Seattle police have charged an online retailer's "shopping experience" software programmer with engineering a fraud scheme based on the movie "Office Space," in which malicious software was used to transfer a fraction of every transaction into an outside account.
Belgian banking giant Degroof Petercam is warning hundreds of clients that their employees are at risk of fraud after personal details tied to their stock option plans were accessed, potentially by an ex-employee. The bank has reported the data breach to the Belgian Data Protection Authority.
The latest edition of the ISMG Security Report discusses how investigators saw the collapse of cryptocurrency exchange FTX as "one of the biggest financial frauds in American history," how CISOs can guard against their own liability, and major security and privacy shifts and the outlook for 2023.
Elon Musk lugged a sink into Twitter headquarters to announce his takeover of the social network. But it will take more than a porcelain prop for the richest person in the world to successfully surmount the cybersecurity, legal, disinformation, regulatory and other challenges facing Twitter.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
Too often when software developers change jobs, they take source code they've written with them, feeling the code belongs to them even if it belongs to an employer. Code42's Joe Payne shares the challenges of detecting source code theft and ways to protect intellectual property wherever it resides.
The latest edition of the ISMG Security Report discusses the appearance at a Senate hearing this week by the former head of security for Twitter; the top-performing web application and API protection vendors, according to Gartner's Magic Quadrant 2022; and threat trends to watch for in 2023.
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.