When a company plans to make an acquisition, it should conduct a "compromise assessment" to assess whether the organization being purchased has had an undiscovered breach, says Steve Ledzian, CTO for Asia Pacific at FireEye.
Microsoft is using its legal muscle to push back against an advanced persistent threat group that is says is "widely associated with Iranian hackers." Following court approval, it is taking control of 99 website domains allegedly used by the attackers as part of an ongoing spear-phishing campaign.
Indian hackers recently defaced more than 200 Pakistani websites, apparently in retaliation for a suicide bomber, allegedly from Pakistan, killing 40 Indian soldiers on Feb. 14. Now the Indian hacking community must work with the government to prepare for a possible retaliatory cyberattack from Pakistan.
This Valentine's Day, authorities are once again warning individuals to watch out for anyone perpetrating romance scams. The FTC says Americans lost $143 million to romance scams in 2017, while in the U.K., Action Fraud says reported romance scam losses in 2018 topped $64 million.
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.
The Unique Identity Authority of India, which administers the Aadhaar program, is again facing harsh criticism about its security measures, this time from State Bank of India. But rather than pointing fingers, all government organizations need to collaborate to enhance security.
The latest edition of the ISMG Security Report features an update on what U.S. intelligence chiefs told Congress this week about persistent nation-state cyberthreats, plus reports on evasion tactics used by cryptocurrency money launderers and what government CIOs have to say about security funding.
Airbus says it suffered a hack attack, leading to a breach of "contact and IT identification details" for at least some of its EU employees. The aerospace giant says its investigation continues and that it has notified European privacy authorities, per GDPR requirements.
The U.S. Department of Homeland Security says executive branch agencies are being targeted by attacks aimed at modifying Domain Name System records, which are critical for locating websites and services. The warning comes as security companies have noticed a rise in DNS attacks.
Cybercrime outfits appeared to take a vacation around the December holidays. But attacks involving Emotet, Hancitor and Trickbot have resurged following their December slowdown, as has the Fallout exploit kit, lately serving GandCrab ransomware.
The Reserve Bank of India intends to do away with the one-time password authentication process for online transactions. In a step in that direction, for the first time, it's allowing widespread tokenization of debit, credit and prepaid card transactions to enhance the safety of digital payments.
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.
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.