While the Wednesday hijacking of several high-profile and verified Twitter accounts appears to have been confined to a cryptocurrency scam, security experts are warning that the platform's security failures could lead to bigger attacks down the road.
Several prominent business executives and politicians, including Joe Biden, Elon Musk and Bill Gates, had their Twitter accounts hijacked in what appears to be a cryptocurrency scam, according to news reports. Some security experts believe that two-factor authentication protections failed.
Wells Fargo, the fourth largest bank in the U.S., has directed employees to remove the TikTok social media app from their company-issued devices, citing security concerns. The news comes after Amazon sent mixed signals to its employees about use of the social media app.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
The latest edition of the ISMG Security Report discusses Europol's launch of the European Financial and Economic Crime Center, and also details the London Met's perspective on recent cybercrime trends, and to need to maintain a paper audit trail for mobile voting.
To battle against a surge in cybercrime during the COVID-19 pandemic, enterprises need to take several steps, including periodic vulnerability and risk assessment tests and regular audits, says Rajan Pant, founder of IT-SERT of Nepal. Pant also is calling on the government to take action.
Nearly 10 months after Facebook and the FTC agreed to a record-setting $5 billion settlement over misuse of user data, a federal judge has finally signed off on the deal, while questioning the adequacy of laws governing major technology firms.
TikTok, a video-sharing service, has been delivering video and other media without TLS/SSL encryption, which means it may be possible for someone to tamper with content, researchers say. That could be especially damaging in the current pandemic environment, where misinformation and confusion abounds.
A recent disinformation campaign that apparently originated in Russia used forged U.S. diplomatic documents and social media to spread false stories in Eastern Europe and Asia, according to a new research report, which warns that these tactics could be used against the U.S. in the run-up to the fall election.
A recently uncovered spear-phishing campaign is using fears of the COVID-19 pandemic to spread an information stealer called LokiBot. FortiGuard Labs researchers find that cybercriminals are once again using World Health Organization images as a lure.
Facebook and Twitter have removed dozens of suspicious accounts after investigations found that many of them operating out of Ghana and Nigeria had ties to Russian groups attempting to spread disinformation to U.S. voters in the months before the November presidential election.
The U.S. is better prepared to respond to election interference and related cybersecurity issues than it was four years ago, several security professionals, including one of the FBI's top experts, tell Information Security Media Group.
Canada's privacy commissioner is taking Facebook to court to try to force the social network to make specific changes to its privacy practices. The regulator has no power to issue fines or binding orders, meaning it must petition the federal court to force Facebook to make changes.
Facebook scientists have proposed using "radioactive data" watermarks to identify when online images get used to train neural networks. The proposal appears to be aimed at the rise of big data startups, such as Clearview AI, that are scraping publicly available photographs to create facial recognition tools.