Several cities in the Netherlands have installed IoT traffic lights. But researcher Rik van Duijn says his team found security problems that could enable attackers to remotely trigger the lights.
In the three years since Equifax suffered a massive data breach, the consumer credit reporting firm says it has worked tirelessly to overhaul the security shortcomings that allowed the breach to happen. Equifax CISO Jamil Farshchi and other security experts weigh in on important lessons learned.
Ransomware continues to pose a "significant" threat, and email remains one of the top attack vectors being used by both criminals and nation-states, Australia's Cyber Security Center warns in its latest "Cyber Threat Report," which urges organizations to improve their defenses.
So-called "cybersquatting" attacks are surging, with financial and e-commerce websites - including those of PayPal, Royal Bank of Canada, Bank of America and Amazon - among the most frequent targets, according to Palo Alto Networks' Unit 42.
A recently uncovered malicious email campaign is delivering to businesses multiple types of malware, including a Trojan designed to steal banking credentials and other financial information, according to a research report from Cisco Talos.
Fraud prevention practices are not keeping up with changes in risks, says Al Pascual, COO at Breach Clarity, who offers insights on leveraging the latest tools.
European banks are not ready to meet the Dec. 31 deadline to comply with the PSD2 regulation, which requires strong customer authentication when providing API access to banking platforms, says Dr. Steven J. Murdoch, a principal research fellow at University College of London.
Twitter is investigating the hacking of an account associated with Indian Prime Minister Narendra Modi for an apparent cryptocurrency scam, according to news reports. The incident appears similar to a July Twitter hack that hit well-known targets in the U.S. and Europe.
The former moderator of the now-defunct AlphaBay darknet marketplace has been sentenced to 11 years in prison after pleading guilty to a federal racketeering charge, according to the U.S. Department of Justice.
Evilnum, a hacking group that targets fintech firms mainly in the U.K. and Europe, is deploying a new remote access Trojan, according to Cybereason. The group is targeting "know your customer" procedures to start these attacks.
Some payment card fraud detection systems that rely on artificial intelligence are now less effective because of changes in consumers' habits during the COVID-19 pandemic, says Rene Perez of Jack Henry & Associates, who offers insights on needed adjustments.
Proofpoint reports that a Chinese hacking group targeted European organizations, as well as Tibetan dissidents, with a new remote access Trojan called "Sepulcher" as part of a cyberespionage campaign.
Some fraudsters are now using the encrypted instant messaging app Telegram as a fast and easy way to steal payment card data from ecommerce sites, according to an analysis from Malwarebytes.
The Reserve Bank of India's draft of a framework for new self-regulatory organizations, including one that would help oversee payment system operators, fails to adequately address security issues, some observers say.
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