Ransomware is the largest underground cybercriminal business. And like any business, entrepreneurs continue to find new ways to innovate. A Russian hacker has cobbled together a low-end ransomware kit costing just $175, aimed at anyone who seeks a file-encrypting payday.
New York has become the first US state to issue its own set of cybersecurity rules for financial institutions. What is the potential impact on other states, other industry sectors? Paul Bowen of Arbor Networks shares insight.
Businesses that fail to block former employees' server access or spot any other unauthorized access are asking for trouble. While the vast majority of ex-employees will behave scrupulously, why leave such matters to chance?
New documents dumped online by the Shadow Brokers group have revealed apparent NSA programs designed to target SWIFT service bureaus in the Middle East as well as a slew of exploits designed to infect Windows systems, patched last month by Microsoft.
Card-not-present fraud rates in the U.S. have not skyrocketed like some experts predicted in the wake of EMV, according to Visa. And Visa's Margaret Reid says that's likely because most large e-commerce merchants in the U.S. are using sophisticated fraud prevention tools that have so far kept fraud rates at bay.
Good news for Microsoft Windows users: The Equation Group exploit tools dumped this month by Shadow Brokers don't work against currently supported versions of Windows, largely thanks to patches Microsoft released in March. But who tipped off Microsoft?
Cyberattackers love not having to reinvent the wheel. At least, that's the tactic favored by the Callisto group, an "advanced threat actor" that's been using leaked Hacking Team spyware to infect targets, says security firm F-Secure.
Concern about privacy spurs consumers to work more closely with their banks, says Robert Zerby, vice president and financial crimes manager within the Community Banking Risk Management division at Wells Fargo Financial Crimes Risk Management.
Leading the latest version of the ISMG Security Report: A tale of how a dedicated manager spent her weekends monitoring video of ATMs led to the capture of a criminal skimmer. Also, the growing sophistication of cybercriminals.
When she first joined the Los Angeles County district attorney's office, Maria Ramirez prosecuted street gangs. Now she's cracking down on cyber gangs and is opening her case file to share lessons learned from cases involving business email compromise and ransomware.
An increase in unemployment isn't always a bad sign. It could reflect that more people are entering the workforce and looking for work, but have yet to land jobs. Could that be happening with IT security practitioners?
The recent fix for a zero-day flaw in Microsoft Office appeared more than five months after Microsoft was privately alerted to the flaw, and followed months of it being exploited via in-the-wild attacks. Can Microsoft do better?
Mayra Koury wears a lot of hats at $2 billion Tech Credit Union in San Jose. One of them is fraud investigator. Hear how she single-handedly staked out the institution's ATMs and helped law enforcement catch a skimming fraudster in action.