Singapore's open banking effort has expanded the attack surface, and the only effective defense is to enhance threat intelligence sharing among banks, retailers and third parties, says Tom Wills, a Singapore-based cybersecurity practitioner who is a consultant for financial institutions.
In January, hackers reportedly compromised portions of the New York state government's computer network by taking advantage of an unpatched vulnerability in Citrix enterprise software. Although state officials say no data was compromised, the attack reportedly disabled some state agency information systems.
Before the COVID-19 pandemic, venture capitalist Hank Thomas helped launch SCVX, a cybersecurity-focused special purpose acquisition company. Post-pandemic, Thomas sees a bright future in filling what he sees as the market need for a scalable, integrated platform.
Fraudsters waging business email compromise schemes are attempting to steal money from state agencies and healthcare providers that are buying medical equipment and supplies to combat the COVID-19 pandemic, the FBI warns.
In the effort to develop COVID-19 medical insights, some healthcare and technology firms are reportedly partnering to collect coronavirus patient information to assist government and academic researchers. But such efforts are raising significant security and privacy concerns.
The U.K. government says it's prepping a contact-tracing app in an attempt to help contain COVID-19. But a leading cybersecurity expert argues that the proposal amounts to little more than "do-something-itis" and urges a focus, instead, on expanded testing as well as ventilator production.
The SEC has settled charges against two traders who were accused of profiting from the hacking of an SEC EDGAR system server in 2016. The Ukrainian man who allegedly hacked the system by bypassing its authentication control remains at large.
In this webinar, Mark Sangster discusses how the COVID-19 crisis is affecting businesses and individuals and the need to stay vigilant. Emerging threats from bad actors who are taking advantage of the COVID-19 crisis are inevitable. Distributed workforces are leaving gaps in our defenses and opening the door to...
To ensure business continuity, companies that support India's critical infrastructure need to validate the functioning of the security controls and other tools deployed to support the remote workforce during the COVID-19 pandemic, says Mumbai-based Shivkumar Pandey, group CISO at the Bombay Stock Exchange.
As governments and organizations around the globe rethink their use of the Zoom teleconference platform as a result of ongoing privacy and security concerns, the company is making more system changes and has formed a CISO advisory board.
Gartner analyst Avivah Litan says China is attempting to leverage blockchain technology in the country's COVID-19 recovery. What are the benefits and concerns of this approach, and how should it shape the future use of blockchain?
Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.