The latest edition of the ISMG Security Report analyzes why cyberattacks against banks have surged in recent weeks. Plus: The increasingly ruthless tactics of ransomware gangs; cybersecurity strategies for small businesses.
The Russian blogging platform LiveJournal confirmed this week that it suffered several brute-force attacks in 2011 and 2012. But it insists that the 26 million usernames and passwords that are now available for sale on darknet forums came from other sources.
Experts predict that digital transformation and remote work will accelerate in the new normal. So will the need to secure every kind of endpoint and safeguard sensitive corporate data. To succeed in the new reality, solutions must meet the rigorous security requirement of IT leaders while also accommodating users'...
Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
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Australian shipping giant Toll Group recently suffered its second ransomware outbreak of the year, with Thomas Knudsen, the company's managing director, branding the latest attack as being "serious and regrettable." But was it preventable?
Attacks targeting cloud-based data nearly doubled in 2019 as companies shifted more of their valuable information off-premises and misconfigurations and other issues made it more vulnerable, according to the 2020 Verizon Data Breach Investigations Report. Observers expect the trend to continue this year.
European budget airline EasyJet says it suffered a data breach that exposed 9 million customers' personal details. While no passport details were exposed, the company's ongoing investigation has also found that attackers "accessed" a small number - just 2,208 - of customers' payment card details.
Cryptocurrency-mining hackers appear to be behind a recent spate of supercomputer and high-performance computing system intrusions. But it's unclear if attackers might also have had data-stealing or espionage intentions.
Covve Visual Network Ltd., a Cyprus-based app developer, acknowledges that it's the owner of 90GB of data - including tens of millions of records - that apparently was left exposed on an open Elasticsearch database. A portion of the data was posted on a forum for trading data leaks.
To help prevent cyberattacks, Bangladesh is likely to launch a computer emergency response team, or CERT, for its financial sector this year, says Debdulal Roy, executive director of Bangladesh Bank. But the timing will depend on how long the COVID-19 crisis continues.
Web hosting giant GoDaddy confirms that a data breach has affected about 28,000 of its customers' web hosting accounts, according to a news report. The company has reset passwords and usernames for some customers as a precaution, although it says no data appears to have been altered.
A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB. The campaign, which targets Office 365 users, appears to trace to attackers operating from Nigeria and South Africa.
Attack simulations continuously mimic real-world threats to highlight gaps in security systems, and unlike traditional ad hoc testing, they provide an ongoing view of dynamic security environments. Can the insights from attack simulations be used to close gaps and strengthen security programs? They can, if integrated...
What should an enterprise do when someone reaches out and claims to have the company's data or information about a breach? Although it can be a delicate situation to manage, there are sound approaches enterprises can take, says data breach expert Troy Hunt.