The US Consumer Financial Protection Bureau reportedly plans to release new guidance requiring banks to reimburse consumers for certain money-transfer service scams. Ken Palla, former director at Union Bank, says banks might look to the U.K. for examples of how to stop authorized push payment fraud.
How many organizations fall victim to a ransomware outbreak? How many victims pay a ransom? How many victims see stolen data get leaked? A new study from the EU's cybersecurity agency ENISA offers answers, but carries major caveats due to rampant underreporting of such attacks.
The Australian Federal Police have charged a 24-year-old Melbourne man for allegedly creating global spyware purchased by over 14,500 individuals across 128 countries. Priced at $25, once it is installed on a victim's computer, it can be used to steal personal information or spy on individuals.
A 2020 breach of US courts' digital docketing system was done by three foreign actors, said Rep. Jerry Nadler, D-N.Y., House Judiciary Committee chairman. Sen. Ron Wyden, a Democratic member of Senate Intelligence, said the U.S, Administrative Office of the Courts is hiding the attack's gravity.
CyberArk continues to lead the privileged access management market, Gartner found, but Delinea and One Identity follow closely behind thanks to big-time acquisitions last year. Gartner once again recognized CyberArk for having the most complete vision and strongest execution ability in PAM.
Ukrainian and U.S. officials pledged closer cybersecurity collaboration, announcing a memorandum of cooperation after Ukrainian officials discussed Russian threat actors in a meeting with the FBI in New York. "Cyberthreats cross borders and oceans," said CISA head Jen Easterly.
Lisa Sotto of Hunton Andrews Kurth LLP joins three ISMG editors to discuss important cybersecurity and privacy issues, including data breach preparedness, the evolution of LockBit 3.0 and the potential impact of the Cyber Incident Reporting for Critical Infrastructure Act of 2022.
Here's unwelcome ransomware news: When a ransomware victim chooses to pay a ransom, the average amount has increased to $228,125, reports ransomware incident response firm Coveware. On the upside, however, big-name ransomware groups are having a tougher time attracting affiliates.
Another proposed federal class action lawsuit alleges Facebook uses its Pixel tracking tool to collect millions of individuals' sensitive health data from healthcare provider websites without patients' knowledge or consent. HIPAA prohibits the use of PHI for marketing purposes without consent.
Fifty bucks gets cybercriminals access to a phishing-as-a-service platform for campaigns impersonating major brands in the United States and other English-speaking countries. Researchers from IronNet say the prices offered on "Robin Banks" are substantially less than comparable service providers.
Microsoft is revealing details of an advanced spyware campaign in a bid to neutralize its effectiveness. It fingers Austrian firm DSIRF as responsible for coding malware known as "Subzero," which Microsoft researchers dub "Knotweed." Pressure is mounting on companies that supply spyware apps.
To build a defense strategy for valuable company data that winds up on the dark web, CISOs need to understand the dark web, know which company data could be on it and know the market value of that data, says Supro Ghose, senior vice president and CISO of a U.S.-based financial institution.
Since the decline and fall of the Conti ransomware brand earlier this year, LockBit appears to have seized the mantle, listing more victims on its data leak site than any other. Experts say the group's focus on technical sophistication and keeping affiliates happy remain key to its success.
In March of 2020, DeVry University had 40 active campuses across the United States. Then the pandemic hit, and those that were receiving on-site classes were swiftly converted to remote learning. The cybersecurity challenges were immediate and huge, and CISO Fred Kwong shares how he tackled them.
Data breaches in the healthcare sector cost about $10.1 million - more than double the average cost of breaches across other industries - once again ranking the sector as having the most expensive data breaches, says Limor Kessem, principal consultant of cyber crisis management at IBM Security.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.asia, you agree to our use of cookies.