Ransomware gangs entered 2020 with a full and dangerous set of weapons at their disposal and then rolled out additional tools such as extortion and new distribution methods, a trend that is expected to continue into 2021.
The latest edition of the ISMG Security Report offers leadership lessons from Equifax CISO Jamil Farshchi and Mastercard's deputy CSO, Alissa "Dr. Jay" Abdullah. Also featured: An assessment of cybersecurity priorities for President-elect Joe Biden.
Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self. Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame.
Researchers from Trend Micro have found a new infostealer malware strain, written in the AutoHotkey programming language, that is capable of stealing banking credentials from different web browsers.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about the potential for fraud, ransomware attacks or similar types of criminal activity related to COVID-19 vaccine research and distribution organizations.
The growth in the use of telehealth during the COVID-19 crisis means that healthcare providers must carefully reassess and bolster the security of the connected devices, applications and systems used, says Kelly Rozumalski of the consultancy Booz Allen Hamilton.
Identity management will be at the forefront of securing remote work in the coming year. Jason Bohrer, new leader of the Secure Technology Alliance and the U.S. Payments Forum, describes key initiatives as he steps into this role.
Kawasaki Heavy Industries is reporting that an unknown threat actor gained access to its internal network through servers located in an overseas office, according to a company statement. The result: Some corporate data may have leaked to a third party.
A recently uncovered payment card skimmer is targeting several large content management systems that support the online checkout pages of dozens of e-commerce sites, according to researchers with Sansec. The malware works by using a keylogger to harvest payment and personal data.
The SolarWinds breach is a case study in how attackers can subvert a widely used piece of software to turn it to their advantage, says Lou Manousos, CEO of RiskIQ. The attack surface management expert details lessons all organizations must learn in the wake of this "unprecedented" attack.
To enhance organizations' security postures in the year ahead, CISOs must strengthen authentication processes, increase the use of network segmentation tools and deploy effective threat intelligence capabilities, two CISOs recommend.
He's commanded armed forces, directed the National Security Agency, and now he is president of vendor IronNet Cybersecurity. From this unique perspective, retired General Keith Alexander says the SolarWinds breach is "a call for action."
A cybercriminal gang known as "UltraRank" has launched a new campaign, targeting at least a dozen e-commerce sites to steal payment card data using a JavaScript sniffer, says security firm Group-IB.
After a nearly two-month hiatus, the Emotet botnet recently sprung back to life with a fresh spamming and phishing campaign designed to spread other malware as secondary payloads, according to security researchers. The botnet has also been revamped to better avoid network defenses.
An investigation at the U.S. Treasury Department has found that it suffered a "significant" breach as a result of the SolarWinds Orion supply chain attack, a top Democrat on the Senate Finance Committee reports. Meanwhile President-elect Joe Biden said of the attack: "I promise you, there will be a response."
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