In a case of business email compromise, Chinese hackers stole $18.6 million from the Indian arm of Tecnimont SpA, an Italian engineering company, through an elaborate cyber fraud scheme that included impersonating the firm's chief executive.
A Juniper Research analysis of why card-not-present fraud will continue to grow leads this week's edition of the ISMG Security Report. Also featured: Updates on a Neiman Marcus breach lawsuit settlement and a German hacking incident.
German officials say the suspect behind the mega-leak of politicians' and celebrities' personal details exploited their weak passwords to access email, social media and cloud service accounts. What can the security industry do to help address the password problem?
A variety of security weaknesses contributed to a massive 2017 health data security breach in Singapore, according to a new report. What can healthcare organizations around the world learn from the report's security recommendations?
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.
On Wednesday, just days after a new "cybersecurity" law took effect, Vietnam alleged that Facebook has violated the law by allowing users to post anti-government comments on the platform. The so-called cybersecurity law actually speaks little about IT security measures.
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.
An EU General Data Protection Regulation enforcement action against a hospital in Portugal demonstrates complying with GDPR may be even tougher than complying with HIPAA. Regulatory experts analyze the implications of the case.
German police arrested a 20-year-old student - living at home with his parents - who they say confessed to leaking contact details and sensitive information for an estimated 1,000 German celebrities, journalists and politicians, including Chancellor Angela Merkel.
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 Marriott mega-breach is calling attention to whether organizations are storing too much data and whether they're adequately protecting it with the proper encryption steps. Experts offer insights on making the right moves.
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.
Marriott International's digital forensic investigation now counts not 500 million but an "upper limit" of 383 million customers affected by the four-year mega-breach of its Starwood reservations system. The hotel giant now says the breach also exposed more than 5 million unencrypted passport numbers.
Organizations looking to migrate to a next-generation security operations center must first carefully assess any problems they are facing with current security technology, says Vikram Mehta, associate director of information security at MakeMyTrip, an India-based online ticketing portal.
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.