U.S. SEC Chair Gary Gensler testified before the Senate on Tuesday and again called for comprehensive cryptocurrency regulations, citing a need to reduce cybersecurity risks, other market risks, and criminal efforts to defraud investors, while simultaneously advancing the space.
Cyberespionage breaches take longer to discover than financial breaches. One of the biggest clues to finding them lies in understanding suspicious network traffic. John Grim of the Verizon Threat Research Advisory Center shares insight from a new study of cyberespionage trends.
An Australian software engineer warns that he was able to create a fake digital COVID-19 vaccine certificate via the government's Express Medicare Plus app, and that the agency in charge has so far failed to acknowledge his bug report. He recommends Australia instead copy the EU's QR code system.
In the latest weekly update, four editors at Information Security Media Group discuss timely cybersecurity issues, including cryptocurrency exchange hacks and the cyber implications of the U.S. withdrawal from Kabul.
How can XDR help mitigate ransomware risks? Two experts - Assad Arabi, managing director, gulf cluster region, at Trend Micro, and Andrew Philp, sales leader at the company - offer insights.
Researchers at cybersecurity company Trend Micro have uncovered a new cyberespionage campaign in the Indo-Pacific region by Chinese advanced persistent threat group APT41, also known as Earth Baku.
Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey by Deloitte.
Bitdefender has conducted a forensic analysis of a new backdoor, dubbed Sardonic, used by the threat group Fin8 in recent attacks against two financial organizations.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
The Aggah APT group, believed to be of Pakistani origin, apparently was behind a recent spear-phishing campaign targeting manufacturing firms in Taiwan and South Korea, according to the Anomali Threat Research Team.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.
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