Attackers have targeted a patched vulnerability to exploit more than 209,000 carrier-grade routers made by Latvian manufacturer MicroTik and infect them with two types of malware - Coinhive and Crypto-Loot - designed to mine for cryptocurrency, security researchers say.
Two cybersecurity veterans detail the specific steps the Trump administration must take now if it has any hope of safeguarding the U.S. midterm elections in November against Russian interference, whether via hack attacks or social media and propaganda campaigns.
Three Ukrainian men who were allegedly part of a hacking gang that stole more than 15 million payment card records from U.S. businesses, sold the data in underground markets and enabled at least $12.4 million in fraud have been arrested in Germany, Poland and Spain at the request of the U.S.
Russian national Mikhail Malykhin, who was illegally residing in the U.S., has received a 70-month prison sentence after admitting to hack attacks and conspiring to use fraudulent debit cards issued via a hacked healthcare benefits administrator.
With Australia's data breach reporting law now in effect, its healthcare sector has recently reported the highest number of data breaches - a finding that is sure to intensify the already intense scrutiny of the country's controversial e-health records project.
Facebook has suspended eight pages and 24 accounts for "coordinated inauthentic behavior" tied to apparent political influence campaigns ahead of an event in Washington. While Facebook declined to attribute the activities to specific individuals or groups, U.S. lawmakers are blaming the Kremlin.
What should President Donald Trump do to prevent Russian meddling in the midterm elections? Ed Amoroso, the former CISO of AT&T, offers three bold suggestions. He'll be a featured speaker at ISMG's Security Summit in New York, to be held Aug. 14-15.
Facebook says it has shut down 32 pages and accounts that it claims were "engaged in coordinated inauthentic behavior" apparently designed to influence U.S. politics. But the social network stopped short of attributing the "bad actors" to Russia.
A large Midwestern health network says a successful phishing campaign exposed a raft of personal and medical data stored in its email systems. The count of affected victims numbers 1.4 million, although investigators believe stealing personal data was not the attackers' goal.
Social media platforms have emerged as the world's most popular forms of communication. They also have become popular platforms for committing fraud. David Pollino of Bank of the West outlines what institutions should do to secure their social media presence.
Recognizing that social media create fertile grounds for fraud, the American Bankers Association now shares advice for how institutions can use these channels in ways that are compliant, smart and risk-savvy. The ABA's Denyette DePierro offers some tips.
This edition of the ISMG Security Report features Elvis Chan, a supervisory special agent at the FBI, discussing ongoing efforts to thwart Russian interference in the U.S. midterm election this fall, and Alberto Yepez of ForgePoint Capital addressing cryptocurrency security issues.
A "local network breakdown" - reportedly caused by a ransomware infection - led Chinese shipping giant Cosco to shut down all networks for its offices in the United States and seven other countries while it scrubbed and restored systems.
Facebook has promised to bring machine learning to bear on the problem of hate speech and information warfare via its platform. But insiders have been urging the company to pursue a major cultural change, including prioritizing not doing anything "creepy" over the quest for short-term gain.
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