As financial fraud has evolved, so have the defensive tactics of major banking institutions. Citi's Jeffrey Dant, a former Secret Service agent, discusses Citi's Fraud Fusion Center - it's mission, challenges and early successes.
Malicious bot attacks now account for nearly one-third of all internet traffic, says Franklyn Jones of Cequence, who describes why conventional tools for fighting against these attacks are ineffective.
When a company plans to make an acquisition, it should conduct a "compromise assessment" to assess whether the organization being purchased has had an undiscovered breach, says Steve Ledzian, CTO for Asia Pacific at FireEye.
Microsoft is using its legal muscle to push back against an advanced persistent threat group that is says is "widely associated with Iranian hackers." Following court approval, it is taking control of 99 website domains allegedly used by the attackers as part of an ongoing spear-phishing campaign.
Distinguishing nation-state attacks from organized crime continues to grow more difficult because some attackers wear both hats, a Europol official reports. Further complicating the picture: Young attackers enjoy access to ever-more sophisticated and inexpensive tools and services.
If you run a Magento-powered e-commerce site, it's time to patch again. E-commerce sites continued to be targeted by cybercriminals seeking to steal payment card data, and experts recommend moving quickly to plug the most critical flaw, a SQL injection vulnerability.
Communication of cyber risks to executives using enterprise risk methodologies is imperative for improving incident prevention, according to Randy Trzeciak and Brett Tucker of Carnegie Mellon University, who offer tips.
The ISMG Security Report features Chris Painter, commissioner of the Global Commission on the Stability of Cyberspace, discussing cybersecurity policy for the 2020 U.S. elections. Plus, an update on the cost of the Norsk Hydro ransomware attack and the challenges of controlling real-time payments fraud.
Buyer beware: A new study shows used USBs offered for sale on eBay and elsewhere may contain a wealth of personal information that could potentially be used for identity theft, phishing attacks and other cybercrimes.
The information security world has been beset by the emergence of multiple side-channel attacks, including Meltdown, Spectre and most recently Spoiler, that have proven difficult to fully fix, says Bill Conner, president and CEO of SonicWall.
At a time when diversity is a key topic within the cybersecurity leadership and workforce, MK Palmore of the FBI says we also need a diversification of skills to help improve breach defense and response.
Some 96 percent of all compromised payment cards have been issued by U.S. banks, reflecting not only the prevalence of credit cards held by Americans, but the relative ease with which they can be used for fraud, says Liv Rowley, a threat intelligence analyst at Blueliv.