A focus on breach prevention and protecting the perimeter is outdated, so organizations need to shift to a focus on resiliency, says security thought leader Vishak Raman, former senior regional director for India and SAARC at FireEye.
Another day, another data breach in the news. Ransomware at a hospital, the latest IRS breach, a phishing scam at Snapchat . . . you tune out the details. For every breach that makes headlines, dozens of other organizations have had data stolen or corrupted by hackers...or even their own users. Cyberthreats become...
The drop in value of stolen payment cards caused cyber criminals to adopt new tools, foremost among them ransomware. Having already caused a financial drain of $209,000,000 in just one quarter, organizations of all sizes are at risk.
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Why ransomware-as-a-service is a new risk;
The ransomware epidemic can be compared to the earlier heyday of viruses, albeit it is costing enterprises and individuals serious money. Charanjit Sodhi of Nomura Services takes a deep dive into the tactics used today and how enterprises can effectively counter them.
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.
An investigation into last year's attempted theft of $170 million at India's state-owned Union Bank has found strong similarities with the Bangladesh Central Bank heist, which was attributed to North Korea, and resulted in an $81 million loss.
A report outlining new ways to recruit and retain cybersecurity professionals in the U.S. federal government leads the latest edition of the ISMG Security Report. Also, the sector considered the most cybersecurity challenged, and the growing interest in virtual private networks.
Legislation to direct the National Institute of Standards and Technology to create a set of tools, best practices and guidance to help small businesses protect their digital assets is heading to the U.S. Senate.
As the threat landscape evolves, with risks exposed by newer technologies and commoditization of attack infrastructure, the motives of targeted attackers may also be evolving as they try new ways to influence change in an increasingly digital world.
In the wake of a recent breach of the Singapore Ministry of Defense's I-net system, the ministry has unveiled a cyber defense strategy to help guard against similar attacks. Some 2,600 cyber defenders will be trained.
Hackers have been targeting the likes of AOL and Yahoo, in part, because a certain generation of users - including many senior U.S. officials - continue to use the services to send and store state secrets. Let's make sure future generations don't make similar mistakes.
IRDAI's draft information and cybersecurity framework developed in collaboration with industry working groups is set to be finalized soon. The draft is fairly comprehensive and will set a serious tone for security at a board level, experts say.
A coding error by Cloudflare exposed data relating to more than 2,500 Singapore websites owned by various organizations in private and public sectors. SingCERT has issued a related security advisory with mitigation steps, but do such alerts prompt action?