The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
Spear phishing attacks are in the news again following the Justice Department's indictment of Russian military intelligence officers for alleged attacks against U.S. politicians and county and state election boards. Here's how to play better phishing defense.
Medical testing laboratory firm LabCorp is still working to fully recover systems functionality nearly a week after a cyberattack that the company now claims involved "a new variant" of ransomware. What can other organizations do to avoid becoming the next victim?
Singapore's largest healthcare group has suffered a hack attack that exposed 1.5 million residents' personal details. But authorities say the "deliberate, targeted and well-planned attack" appears to have been principally designed to steal medical information pertaining to the country's prime minister.
Hackers stole at least $920,000 from Russia's PIR Bank after they successfully compromised an outdated, unsupported Cisco router at a bank branch office and used it to tunnel into the bank's local network, reports incident response firm Group-IB.
This edition of the ISMG Security Report includes an analysis by Executive Editor Matthew J. Schwartz on President Donald Trump's changing views on election meddling, plus an update on voter data being accidently exposed by a robocalling company.
Why are attacks so successful? Legacy endpoint security products are creating more problems than they solve. There is too much cost and complexity, defenses aren't keeping up, and security staff is stretched thin.
Asked in a press conference if he would denounce Russia for interfering in U.S. elections, President Trump responded with a conspiracy theory about a missing DNC server. Some security experts say Trump's response was nonsense and flies in the face of good digital forensics and incident response practice.
A Spanish consumer rights organization says telecommunications company Telefónica has fixed an elementary security error in its Movistar website that potentially exposed billing invoices for millions of customers. Telefónica says it hasn't detected fraudulent use of the data.
Medical laboratory testing firm LabCorp is investigating a weekend cyberattack on its IT network, which resulted in the company taking certain processes offline. The attack is just the latest cyber assault on the healthcare sector.
"We are living in difficult times ... when the government data is the most vulnerable," says Jayesh Ranjan, principal secretary-IT, electronics and communications & industries and commerce, government of Telangana. He calls for creating "a strong institutional mechanism" to tackle threats.
The hacking of an email account of a medical clinic employee during travels overseas demonstrates the risks posed to data when workers travel. Security experts offer insights on mitigating those risks.
Timehop, the social media app that resurfaces older social media posts for entertainment, says its ongoing investigation has revealed that an attacker may have compromised more personal information than it previously suspected over the course of a breach that lasted at least seven months.
Known losses due to business email compromise have exceeded $12.5 billion worldwide, the FBI's Internet Complaint Center reports, adding that fraudsters are increasingly targeting the U.S. real estate sector with such scams.
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