The Anthem breach, which possibly started with a phishing campaign, is a prime example of how hackers are perfecting their schemes to target key employees who have access to valued information, says Dave Jevans of the Anti-Phishing Working Group.
Anthem believes that the breach that has exposed up to 80 million individuals' information possibly began after a handful of employees fell victim to a phishing attack. Other attackers appear to be using the breach as a lure for their own phishing campaigns.
Cybersecurity has been a priority of the Obama presidency from the get-go. But do all of his cybersecurity actions, unprecedented among American presidents, make him a cybersecurity leader?
A new report now claims the breach at JPMorgan Chase is linked to a server the bank's security team overlooked when upgrading to two-factor authentication controls. Why that oversight and a well-planned spear-phishing attack were all hackers needed.
CERT-In has issued an alert against a new banking Trojan dubbed Dyreza, which targets users of online banking services. Security leaders offer advice for institutions to address risks and warn customers.
In addition to 56 million payment cards being compromised in the Home Depot data breach, approximately 53 million e-mail addresses also were stolen, the retailer reported in an investigation update on Nov. 6.
Amsterdam is again playing host to the annual Black Hat Europe information security gathering, and presenters have promised to cover everything from privacy flaws in wearable computers to two-factor authentication system failures.
Google says just 2 percent of the recent dump of nearly 5 million credentials to Russian cybercrime forums contained valid Gmail username and password combinations. But anyone who reused the same passwords on other sites remains at risk from hackers.
News reports of a suspected attack against JPMorgan Chase, and perhaps other banks, serve as an important reminder for financial institutions to ramp-up their security efforts, especially to guard against phishing attacks.
Internet hygiene is not up to par, say cybersecurity experts Tom Kellermann and Rod Rasmussen, who explain why bad hygiene has led to increased botnet traffic and malware infections.
Spear phishing attacks are increasingly sophisticated. Banking institutions must learn more about how fraudsters dupe one's customers and employees, says a panel of three financial fraud experts.
An online gang with ties to Romania and Russia has been bypassing two-factor, Android-based authentication systems - used by 34 different banks to authenticate customers - via the sophisticated Operation Emmental cybercrime campaign.
An ongoing APT campaign employs decoy documents to lure potential victims into installing malicious remote-control tools. Targets include at least one bank, the BBC and many U.S. and EU government agencies.
It's not quite the cyberwar many have envisioned, but the United States and China are tangled in a brawl that resembles, in some respects, a combination of a trade war and cyber-sniping.
Concerns about ATM cash-outs and fraud reach new heights, as U.S. federal banking regulators warn institutions to watch out for the fraudsters' latest scheme, known as "unlimited operations."
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