Hackers behind the FASTCash ATM cash-out attack campaign - tied by the U.S. government to North Korea - use Trojan code designed to exploit bank networks running outdated versions of IBM's AIX Unix operating system, Symantec warns.
The days of effective CISOs being pure-play technologists are long gone. Instead, CISO Paul Swarbrick says the role demands someone who is expert "in people, and management and risk," and who is skilled at bringing to bear the right experts for every strategic challenge they identify.
How can organizations get the most out of partnering with managed security services providers and avoid common pitfalls? Cybersecurity consultant Vito Sardanopoli, an experienced CISO, offers top tips.
As the pace of technology innovation continues to quicken - including the ability to make payments via everything from Alexa to Facebook Messenger - risk-based security is imperative to maintain a frictionless customer experience, says Tim Ayling of Kaspersky Lab.
An analysis of a crackdown on criminals' use of encrypted communications leads the latest edition of the ISMG Security Report. Also: a preview of ISMG's Healthcare Security and Legal & Compliance summits, including expert insights on vendor risk management.
U.S. Attorney General Jeff Sessions resigned on Thursday at the request of President Donald Trump. While long expected, the move raises questions about the fate of an ongoing investigation into Russia's election hacking.
Once again, a supposedly secure service allegedly marketed to criminals has proven to have limits. Dutch police have busted a "cryptophone" operation, allowing them to decrypt more than 258,000 encrypted chat messages, leading to a drug lab bust, 14 arrests and the seizure of cash, drugs and weapons.
Although the EU's General Data Protection Regulation only went into full effect on May 25, its mandatory privacy breach notifications are already having an effect on the cyber insurance marketplace, says Thomas Clayton of Zurich Insurance.
HSBC Bank is warning some of its U.S. customers that their personal data was compromised in a breach, although it says it's detected no signs of fraud following the "unauthorized entry." Security experts say the heist has all the hallmarks of a credential-stuffing attack campaign.
Pakistan says the nation's banks have not been hacked, but adds that they are taking defensive steps after nearly 20,000 payment card details appeared for sale online. The State Bank of Pakistan says banks are implementing restrictions on international transactions.
The challenge when designing technology for critical national infrastructure sectors is that it must be securable today and remain resilient to cyberattacks for decades to come, says cybersecurity Professor Prashant Pillai.
Many of the devices that go into so-called smart cities and buildings are not built to be secure, making it difficult for security operations centers to manage risk, warns Sarb Sembhi, CTO and CISO of Virtually Informed, who describes what needs to change.
Symantec has announced not one but two acquisitions of private cybersecurity firms: Javelin Networks and Appthority. Meanwhile, a private equity firm announced that it will acquire application security testing firm Veracode from Broadcom for $950 million in cash.
Georgia quietly fixed two flaws in its voter registration website that could have exposed personal information. How the secretary of state's office discovered the flaws and reacted suggests it may have erred when making a sensational accusation against the Democrats on the eve of the U.S. midterm elections.
As organizations investigate public and private blockchains to secure transactions and facilitate peer-to-peer transactions, they must ensure they know who's responsible, what the system is doing, what the cybersecurity and legal risks are and who's managing it, says attorney John Salmon.