New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within 36 hours after an organization suffers a qualifying "computer-security incident." What does this mean for banks, and what are the likely challenges?
The U.S. government on Tuesday announced a reward of up to $10 million for information pertaining to six alleged Russian military hackers tied to the 2017 NotPetya destructive malware campaign. The malware spread globally, causing commercial damage of up to $10 billion.
Has the notorious REvil ransomware operation come back? Former developers may have restarted the server and data leak site. The original Happy Blog leak site began redirecting to the new blog, which lists both old and seemingly new victims, including Oil India Limited.
The latest edition of the ISMG Security Report analyzes how the U.S. government is offering a reward of up to $5 million for information to help it disrupt the illicit flow of funds to North Korea. The report also examines approaches to enhance banks' cyber defenses and U.S. regulatory trends.
Marco Túlio Moraes of OITI, who is a CyberEdBoard executive member, confronts the metaphor of the cyberthreat as a bear in the forest and discusses how an organization must actively assess its environment, understand what its main risks are, and define a strategy to deal with them.
The U.S. government is offering up to $5 million for information that helps disrupt the illicit flow of funds to North Korea, including via cryptocurrency exchange hacks and ransomware. The expanded reward comes as the FBI has attributed a $620 million cryptocurrency heist to North Korean hackers.
Identity experts urge the Biden administration to accelerate the deployment of mobile driver's licenses and ensure identity theft victims get direct assistance. These are among the four items experts say must be added to an upcoming executive order focused on preventing and detecting identity theft.
Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
The Dutch Data Protection Authority has imposed penalties of 3.7 million euros ($4 million) and 565,000 euros ($600,000) on the Dutch Tax and Customs Administration and the Ministry of Foreign Affairs, respectively, for violating the General Data Protection Regulation.
Last week, the U.S. Department of Justice said that law enforcement authorities had made "one of the largest cryptocurrency forfeiture actions ever filed by the United States," confiscating about $34 million worth of cryptocurrency "tied to illegal dark web activity." Here's how they made it happen.
A yearlong joint operation by law enforcement agencies across several countries led to the shuttering of darknet marketplace RaidForums and the seizure of three domains hosting the website. Its 21-year-old alleged founder and two unidentified co-conspirators have also been arrested.
Acting Comptroller of the Currency Michael J. Hsu says there are compelling arguments for a centralized U.S. stablecoin, but there are also high risks associated with it. Some security experts question whether the technology has advanced enough and consider stablecoin risks.
Regulatory compliance and recurring vulnerabilities are top drivers for secure coding.
Read about the skills, perceptions, and challenges around secure coding as reported by 1,200 active software developers from around the world.
Download this report to view the results to explore:
Why only 14% rate application...
A proposed rule requiring publicly traded companies to disclose a breach within four days of deeming it material will force CISOs to determine the consequences of breaches sooner. CISOs will need to have board-level conversations within a day or two of discovering an issue to assess materiality.
Microsoft says it seized control of seven domains belonging to Russian GRU-linked state-sponsored threat group Strontium. The group, also called APT28 and Fancy Bear, used the domains to target Ukrainian media organizations and had U.S. and EU government entities and decision-makers on its radar.
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