Everett Stern, the whistleblower who called attention to HSBC's international money laundering activities, which ultimately resulted in a $1.9 billion fine, says the crackdown on financial fraud still has a long way to go. He'll be the keynoter at ISMG's Fraud and Breach Summit in Chicago on May 14.
Fraud, e-hustles and social engineering attacks continues to proliferate, the FBI's latest report into the state of internet crime confirms. But over the past year, a new FBI tactic for quickly stopping fraudulent wire transfers has notched notable successes.
From blockchains and surveillance to backdoors and GDPR, a group of leading cryptographers rounded up the top cybersecurity and privacy matters of the day at the cryptographers' panel held at the recent RSA Conference 2019 in San Francisco.
WikiLeaks founder Julian Assange's hacker roots and nontraditional approach to journalism may prove damaging following his arrest on Thursday. He's been charged with one count of conspiracy, but U.S. prosecutors still have time to file more serous charges pending his extradition from the U.K.
Dark patterns are out to get you. The term describes the practice of abusing usability norms to create user interfaces that trick users into divulging their personal details or sacrificing their privacy. Bipartisan legislation proposed in the U.S. Senate, however, would make malicious design illegal.
Yahoo is hoping a revamped proposed breach-related settlement will pass muster with a federal judge who rejected the first one for myriad reasons, including high attorney fees and a lack of transparency. The settlement totals $117.5 million, just ahead of health insurer Anthem's $115 million settlement.
The latest edition of the ISMG Security Report offers an in-depth look at the ever-changing ransomware threat. Other topics: filling the DevSecOps skills gap and the repercussions of Australia's encryption-busting law.
Keynotes and briefings at the recent 28th annual RSA Conference 2019 covered a wide range of topics, including privacy, hackers, cyber extortion, machine learning, artificial intelligence, human psychology, legal matters, career advice and internet-connected device concerns. Here are 15 highlights.
An essential component of protecting payment information is devaluing the data that is transmitted so it's of no use to hackers, says Lance Johnson, executive director of the PCI Standards Security Council.
Buyer beware: A new study shows used USBs offered for sale on eBay and elsewhere may contain a wealth of personal information that could potentially be used for identity theft, phishing attacks and other cybercrimes.
Brad Smith, Microsoft's chief legal officer, says Australia's encryption-busting law is causing companies and governments to look elsewhere to store their data. Microsoft hasn't changed it own local operations yet, but other companies say they're no longer comfortable storing data there, he says.
Shortly after a massive data breach affected up to 50 million accounts last September, Facebook didn't believe the incident needed to be reported under Australia's mandatory breach notification law. While Facebook voluntarily notified all users, emails show the company initially underestimated the breach.
How the country responds to the growing cyberthreats will shape its diplomatic, military and economic power. With the stakes this high, is the U.S. getting it right? Chris Painter, commissioner on the Global Commission on the Stability of Cyberspace and former White House cyber czar, offers his perspective.