The U.S. Secret Service is combining its electronic and financial crimes units into a single task force that will focus on investigating cyber-related financial crimes such as BEC schemes and ransomware attacks. The move comes as lawmakers want the Secret Service to take a more active role in fighting cybercrime.
Greg van der Gaast, head of information security at the University of Salford in the United Kingdom, has strong opinions on why some security investments aren't reaping maximum benefits. "We are addressing problems too far downstream," he says.
The recent leak of 269 GB of sensitive data from more than 200 police departments and the FBI could be a sign that law enforcement agencies are becoming a prime target for hackers, given recent civil unrest.
The financial sector is one of the more prominent targets for cyber-attacks. It's the second-largest source of data breaches, having notified OAIC of 42 system breaches, putting it behind only health service providers. And, with the average cost of a data breach in Australia sitting at $2.5 million, incidents can get...
When organizations eventually allow employees to return to their offices after the COVID-19 crisis subsides, they may discover "more network intrusions, data exfiltration and data breaches," says U.K. cybercrime expert Andrew Gould, who implores organizations to report these incidents to authorities.
An internal CIA report from 2017 - just released in heavily redacted form - found that the agency's failure to secure its own systems facilitated the massive "Vault 7" data breach that enabled classified information, including details of 35 CIA hacking tools, to be leaked to WikiLeaks.
Jewelry retailer Claire's says Magecart attackers hits its e-commerce store, hosted on Salesforce Commerce Cloud, and stole an unspecified number of customers' payment card details. Security firm Sansec, which discovered the breach, says Magecart attacks have grown more targeted during lockdown.
Delivery Hero, the online food delivery service, has confirmed a data breach of its Foodora brand. Breached information includes personal details for 727,000 accounts - names, addresses, phone numbers, precise location data and hashed passwords - in 14 countries.
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
Cybereason's latest honeypot-derived research reveals that threat actors are increasingly targeting critical infrastructure providers with multistage ransomware attacks. CISO Israel Barak details why these strikes are so prevalent and concerning.
Japanese auto giant Honda has confirmed that it sustained a hack attack earlier this week that has affected production operations at several of its global facilities, including plants in the U.S., Japan, Turkey and Italy. Security researchers suspect ransomware is the likely culprit.
To battle against a surge in cybercrime during the COVID-19 pandemic, enterprises need to take several steps, including periodic vulnerability and risk assessment tests and regular audits, says Rajan Pant, founder of IT-SERT of Nepal. Pant also is calling on the government to take action.
Verizon's Data Breach Investigations Report 2020 highlights the leading causes of breaches last year, including credential theft, phishing, ransomware as well as issues linked to cloud implementations and web applications. In an interview, Verizon's Ashish Thapar offers an in-depth analysis.