One major challenge with combating cybercrime in the 2020s and beyond appears destined to be attackers launching a greater number of "smaller-value crimes" so they can better stay "below the radar" of law enforcement, says the Global Cyber Alliance's Andy Bates.
It's one thing to plan for a cybersecurity incident, but quite another to have proper insurance coverage to prepare for such an event. Mark Singer of Beazley shares an overview of the cyber insurance myths and realities.
FCC Chairman Ajit Pai is pushing a proposal that would ban U.S. telecommunications firms from using commission funds to buy equipment from companies deemed national security threats. The new rule would first target Chinese telecom companies Huawei and ZTE.
Facebook is suing NSO Group, a spyware company, alleging it developed a potent exploit to spy on WhatsApp messages sent by diplomats, journalists, human rights activists and political dissidents. Facebook is seeking damages and an injunction forbidding NSO Group from accessing its infrastructure.
Russian attack group Turla has been named and shamed for hijacking Iranian nation-state attackers' infrastructure. The aim of GCHQ and NSA's attribution is, in part, to make Turla's future cyber espionage efforts more costly and time-consuming.
The notorious Joker's Stash cybercrime marketplace, which specializes in selling stolen payment card data, has a new listing for 1.3 million credit and debit cards, almost all of which appear to have been issued by Indian banks, reports threat intelligence firm Group-IB.
The country of Georgia has been hammered by a massive cyberattack that disrupted access to at least 2,000 government, news media and court websites, with many homepages replaced with a photograph of the country's former president, according to news reports.
Two new security incidents demonstrate how easily millions of customer records can be exposed. Researchers found an unsecured database containing records of customers of Adobe Creative Cloud. And Italy's UniCredit bank announced a "data incident" that exposed a file containing customer records.
Some 42 apps that were available in the Google Play store had been delivering adware to Android devices for about a year, according to the security firm ESET. In the 12-month period starting in July 2018, these apps were downloaded about 8 million times to Android devices around the world, the researchers say.
Johannesburg has been hit with a ransomware attack that is crippling municipal services. City Power, an electric utility owned by the city that was hit by a similar attack in July - also was affected by the latest attack.
Democratic lawmakers are urging the U.S. Federal Trade Commission to open an investigation into whether Amazon violated federal law by failing to the prevent Capital One's devastating data breach. Amazon dismissed the request as "baseless and a publicity attempt from opportunistic politicians."
The "Raccoon" infostealer, first spotted in the wild earlier this year, is rapidly gaining in popularity on underground forums due to its low cost and ability to steal a wide range of data, including credit card numbers and cryptocurrency wallets, according to a new analysis from Cybereason.
The latest edition of the ISMG Security Report analyzes how the Russian hacking group Turla has been coopting Iranian hacking tools. Plus: Avast's CCleaner hit by second attack; sizing up draft regulations for the California Consumer Protection Act.
Spanish authorities say they've arrested three individuals on charges of running a large-scale business email compromise scheme that targeted a dozen companies around the world to steal about $11 million.
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