Machine learning can play a significant role in mitigating money laundering risks, says Andy Gandhi, managing director, data risk and compliance at the consultancy Alvarez and Marsal.
High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
A security researcher says voting equipment in the U.S. is still riddled with security flaws that opportunistic foreign adversaries could use to pose a threat to the November election. Meanwhile, the director of CISA calls Russian ransomware attacks one of the biggest threats to the election.
Several Canon USA corporate websites remained offline Friday after the company reportedly sustained a ransomware attack. Earlier, the imaging company reported user data was missing from a cloud database.
Twitter rushed out a fix for a flaw in the Android version of its social media platform that could have allowed hackers to access user data, including within the direct message feature. The news comes as more details have emerged about a recent Twitter hacking incident.
Chaos ensued when miscreants interrupted a virtual bail hearing on Wednesday for the suspected Twitter hacker, hijacking the feed with screams, chatter and, for a few brief seconds, pornography. The meeting details were public, and the meeting had not been password protected.
As organizations collect more consumer data during the COVID-19 pandemic, how can they protect it? Peter Yapp, former deputy director at the UK's National Cyber Security Center, provides insights on building a stronger security infrastructure.
Quantity of threat intelligence isn't an issue. Quality of intel and integrating it effectively into security programs - that's where many organizations struggle. Casey Martin of ReliaQuest shares insight on the keys to a mature threat intel program.
Garmin, a fitness tracker and navigation device firm, apparently paid a ransom to recover from a July 23 security incident that encrypted several of its systems, according to two news reports as well as expert analysis. The company says it's still experiencing 'temporary limitations" on services.
WastedLocker, a ransomware strain that reportedly shut down Garmin's operations for several days in July, is designed to avoid security tools within infected devices, according to a technical analysis from Sophos.
Will the COVID-19 pandemic lead to a spike in the number of reported data breaches? Not necessarily, says cybersecurity expert Brian Honan. But he says that the rush to adopt cloud-based services and expanded remote services might change the types of breaches being reported.
Vulnerabilities in the Microsoft Windows print spooler, an aging but important component, will be discussed at the Black Hat security conference on Thursday. The vulnerabilities are rooted in patches that Microsoft created to fix issues exploited by Stuxnet, the malware that hampered Iran's nuclear program.
The NSA has issued an alert warning those working in the national security and defense sectors to mitigate the risks posed by mobile and internet of things devices, along with apps, that collect location data.
The FBI is warning organizations that are still using Microsoft Windows 7 they are in danger of attackers exploiting vulnerabilities in the unsupported operating system to gain network access. The agency points to an uptick in such attack attempts.
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