Belgian and Dutch police with the support of Europol dismantled an organized crime gang involved in carrying out phishing, money laundering and other scams. Nine suspects are in detention after stealing several million euros, authorities say.
In the latest "Proof of Concept," Lisa Sotto of Hunton Andrews Kurth LLP and former CISO David Pollino of PNC Bank join ISMG editors to discuss the many new privacy laws in the U.S., current ransomware and scam trends, and handling the potential corporate risk of sharing information on social media.
A publicly traded issuer of home mortgages is notifying 1.5 million consumers of a December cyber incident on its network that leaked PII, including customers' Social Security numbers. Flagstar Bank discovered the breach on June 2 and there has been no evidence of data misuse so far.
Insurance claims being filed by ransomware victims are growing as criminals continue to hit businesses with crypto-locking malware. To avoid these claims, organizations can take a number of proven steps to better protect themselves, says Payal Chakravarty of Coalition.
What are the implications of security regulations that have made it a legal requirement that only secure and authenticated code should run IoT devices?
Ten years from now, "the ability to transact on a global basis will continue," says Nick Coleman, CSO, real-time payments at MasterCard, who adds, "Maybe my car will buy stuff for me." Coleman discusses the future of digital payments and the technologies that can help secure that future.
The need for more modern identity and access management capabilities such as biometric and passwordless authentication has been amplified by the COVID-19 pandemic and the shift to remote work, according to Forrester researchers Paul McKay and Merritt Maxim.
Indian hyperlocal logistics provider Grab says it wasn't hacked by a Malaysian hacktivist group. DragonForce Malaysia posted last Saturday on Twitter and Telegram the purported details of Grab delivery personnel. The group is amid an active campaign dubbed OpsPatuk against Indian targets.
Cloudflare sees opportunity in the growth of zero trust and is integrating recent email and cloud security acquisitions with native data security and network discovery capabilities. "I like the fact that we can grow in both directions," says company CEO Matthew Prince.
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.