The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
In a Feb. 13 keynote speech at a cybersecurity summit, President Obama described the cyberworld as the "wild, wild West" and the American government as the sheriff. Then he signed an executive order aimed at boosting cyberthreat information sharing.
Enterprise IT administrators are being urged to immediately patch a flaw that affects every Windows system released for the past 15 years. Attackers could remotely exploit the flaw to take control of a device and run any code of their choice.
A new federal cyberthreat intelligence center could help the government build more resilient networks and better identify cyber-attackers, leading to arrests and punishments, says Harry Raduege, a former top Defense Department IT leader.
As hack attacks, such as the breach of Anthem Inc., become more common, it's more critical than ever for organizations to carry out an "adaptive defense model" to protect sensitive information, says Dave Merkel, chief technology officer at FireEye.
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.
As state insurance commissioners and attorneys general launch investigations into health insurer Anthem's data breach, a U.S. Senate committee is examining the healthcare industry's preparedness for mitigating cyberthreats.
According to the latest statistics, the State of Kerala experiences at least one cybercrime every two hours. What are the factors behind this sudden increase, and how can security leaders curb the trend?
As health insurer Anthem's breach investigation progresses, some news reports are already pointing the finger at Chinese hackers as the possible culprits. But in this early stage of the investigation, security experts urge skepticism about attribution.