The international payments system is largely based on the three-decades old SWIFT messaging system. But cyberattackers have exploited weak controls employed by banks to make fraudulent transfers. Nick Armstrong of Identitii discusses a path forward for securing payments made with legacy systems.
Exploring Samuel Visner's vision - patterned after the Manhattan Project and moonshot - for collaborating to create innovative ways to improve cybersecurity leads the latest edition of the ISMG Security Report. Also featured: a report on legislation designed to improve the security of U.S. elections.
Two London-based Romanians recently arrested in Bucharest as part of a roundup of alleged ransomware attackers have been accused of hacking into Washington surveillance cameras and using them as a launchpad for Cerber and Dharma ransomware attacks.
An assessment on whether North Korea is behind the WannaCry ransomware attacks leads the latest edition of the ISMG Security Report. Also, the co-author of NIST's revised Trustworthy Email special publication discusses changes in the guidance.
Police in Romania have arrested five individuals on suspicion of launching crypto-locking ransomware attacks. Three men are accused of targeting Europeans via spam carrying CTB Locker, while two men have been charged with using Cerber to target U.S. victims.
A British teenager has avoided jail time after pleading guilty to thousands of DDoS disruptions against Amazon, Netflix, NatWest Bank and others. Separately, a U.S. man has pleaded guilty to launching DDoS attacks on behalf of Lizard Squad and PoodleCorp, among other offenses.
Kaspersky Lab has sued the U.S. Department of Homeland Security for issuing an order that bans the Moscow-based anti-virus firm's software from being used on federal systems, saying DHS violated the company's right to respond to the allegations against it.
An analysis of the cyber component of the Trump administration's just-published National Security Strategy leads the latest edition of the ISMG Security. Also, DHS and industry establish a cyber coordinating council to help secure the U.S. electoral system.
The Trump administration has belatedly announced that hackers tied to the government of North Korea were behind the WannaCry ransomware outbreak that began in May and infected more than 200,000 endpoints across 150 countries. Why is the White House only now airing its attribution?
Bitcoin-seeking phishing attacks have been trying to socially engineer would-be cryptocurrency exchange executives, warn researchers at Secureworks. The attacks use Word documents with malicious macros and control code previously seen in attacks launched by the Lazarus Group, which has been tied to North Korea.
With just a few months left until the EU's General Data Protection Regulation will be enforced, too many so-called "experts" are spreading fear and falsehoods about the regulation, says Brian Honan, a Dublin-based cybersecurity consultant, who clarifies misperceptions in an in-depth interview.
The latest ISMG Security Report leads with a report on a malware attack on an industrial safety system that experts contend could threaten public safety. Also, legislation giving DHS's cybersecurity unit a meaningful name progresses through Congress.
Most of the criminal activity targeting today's enterprises originates at the endpoint, and the majority of modern breaches use known threats or vulnerabilities for which a patch already exists. For this reason, endpoint visibility must be complete and continuous.
The adoption of "unconventional" security controls that are risk-driven can help organizations adapt to the changing cyber threat landscape, says Jim Routh, CISO at health insurer Aetna.
Cybercriminals continue to rely on individuals who undertake the risky operation of moving illicit proceeds from one location to another. But these "money mules" face a multitude of risks, including imprisonment, police warn.
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