Banks in West Africa have been targeted by at least four hacking campaigns since mid-2017, with online attackers wielding commoditized attack tools and "living off the land" tactics to disguise their efforts, Symantec warns.
Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5 million and must use encryption and tokenization to protect card data.
Police in Germany say a 20-year-old student has confessed to stealing and leaking personal details from 1,000 German politicians, celebrities and journalists, allegedly after bragging about the crime. More advanced attackers rarely make so much noise.
The recent Black Hat Europe conference in London touched on topics ranging from combating "deep fake" videos and information security career challenges to hands-on lock-picking tutorials and the dearth of research proposals centered on deception technology.
The Trump administration has launched a public awareness campaign, spearheaded by the National Counterintelligence and Security Center, urging the U.S. private sector to better defend itself against nation-state hackers and others who may be trying to steal their sensitive data or wage supply chain attacks.
Card-not-present fraud will cost retailers worldwide $130 billion between 2018 and 2023, a new report from Juniper Research predicts. Steffen Sorrell, author of the study, explains the reasons behind this growth projection and describes what can be done to improve the fight against fraud.
With an operating system that's used by 90 percent of Fortune 500 companies, Microsoft closely monitors cyberattack trends. Joram Borenstein, general manager of Microsoft's Cybersecurity Solutions Group, discusses his top three concerns for 2019.
President Donald Trump is reportedly continuing to weigh an executive order that would ban all U.S. organizations from using telecommunications hardware built by China's Huawei and ZTE. Australia and New Zealand have blocked the firms from their 5G rollouts, while other nations weigh similar moves.
Critical systems are under attack from external and insider threats. No access or transaction should go unchecked. That's why former federal CISO Gregory Touhill advocates the broad adoption of zero-trust security in the public and private sectors.
Banks' boards of directors need to understand the implications of cybersecurity in terms of the overall risk structure, says Bhaskar Pramanik, a board member at State Bank of India and former chairman of Microsoft India.
The Monetary Authority of Singapore has announced a grant program to fund up to 50 percent of the cost of certain cybersecurity projects for financial institutions. The goal is to help these institutions establish global or regional cybersecurity centers of excellence.
The healthcare sector is making progress in moving from a reactive to a proactive approach to cybersecurity as it learns lessons from other sectors, including financial services, says Greg Garcia, executive director for cybersecurity at the Healthcare and Public Health Sector Coordinating Council.
Common data security mistakes made by many organizations including having a static security plan that doesn't evolve, focusing solely on compliance and not testing incident response plans, says Monique Kunkel of NTT Data Services.
Marriott's mega-breach underscores the challenges companies face in securing systems that come from acquisitions as well as simply storing too much consumer data for too long, computer security experts say. Meanwhile, the hotel giant has yet to answer many pressing data breach questions.