Wall Street has been hit by the twin threats of the new coronavirus as well as oil prices plummeting, with the Dow dropping 2,000 points on Monday for its worst day in 12 years. Amidst fears that a recession could tank the global economy, some experts still see upsides for the cybersecurity sector.
Emotet malware alert: The U.S. Cybersecurity and Infrastructure Security Agency says it's been "tracking a spike" in targeted Emotet malware attacks. It urges all organizations to immediately put in place defenses to not just avoid infection, but also detect lateral movement in their networks by hackers.
One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
The cybersecurity outlook for 2020 and the new decade will be characterized by more advanced, targeted and coordinated attack vectors designed to exploit the cybersecurity skills shortage, along with congenitally poor security fundamentals and hygiene.
The personal data of about 120,000 Singapore defense personnel is reportedly compromised through email phishing attacks against two security vendors, according to a statement by the Ministry of Defense.
For two years, an attack group using Ukraine-based infrastructure has been creating hundreds of lookalike domains to target customers of 14 different Canadian banks via phishing attacks, security researchers at Check Point warn.
Starting Jan. 1, State Bank of India will no longer accept magnetic stripe debit card transactions and will accept only EMV chip-based cards in compliance with an RBI mandate, which is designed to help prevent card fraud, including skimming and cloning.
Google has directly warned more than 12,000 users across 149 countries that they have been targeted by government-backed hackers. Google says the attack attempts occurred in the third quarter of this year and targeted users of such services as Gmail, Drive and YouTube.
A newly discovered hacking group is using an array of sophisticated spoofing and social engineering techniques to imitate government agencies, including the U.S. Postal Service, in an effort to plant malware in victims' devices and networks via phishing campaigns, according to new research from Proofpoint.
"Cyberattacks are one of the unfortunate realities of doing business today," reads gaming company Zynga's data breach notification, thus breaking the first rule of crisis management: Own your mistakes. Hacker Gnosticplayers claims the company was still storing passwords using outdated SHA1.
Barracuda is out with its latest Spear Phishing Update, and among the key findings: a rise in email account takeover and lateral phishing. Why are enterprise defenses failing to detect these strikes? What new solutions will improve defenses? Barracuda's Michael Flouton shares insights.
Progressive companies seeking to improve their security are increasingly adopting bug bounty programs. The theory is that rewarding outside researchers improves security outcomes. But in practice, bug bounty programs can be messy and actually create perverse incentives, says bug-hunting expert Katie Moussouris.
JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
The Ministry of Road Transport and Highways reportedly informed the Parliament that it has earned around INR 65 crore, or about $9.5 million, by providing restricted access to a database of registered vehicles and drivers to private-sector companies. Is citizens' privacy at stake?