A cryptocurrency investor is suing AT&T for $240 million, alleging he lost $24 million in virtual currency after the carrier failed to stop two separate attacks where his phone number was commandeered by attackers. The incident highlights the dangers of using a phone number as an authentication channel.
The Meltdown and Spectre attacks from earlier this year showed how the quest to make CPUs run faster inadvertently introduced serious security vulnerabilities. Now, researchers have unveiled a new attack called Foreshadow that builds on those findings, affecting millions of Intel processors made over the past five...
The FBI warns that cybercriminals are planning a large-scale operation aimed at emptying ATMs, a type of attack that has caused swift and costly losses for financial institutions. The attack may utilize data from a breach of an unknown card issuer, the FBI says.
Cybercriminals in Brazil have capitalized on older vulnerabilities in D-Link routers for financially motivated phishing attacks. The attackers changed DNS settings to use their own malicious DNS server, allowing for seamless shifts to phishing sites.
Ransomware. Phishing. Credential stuffing. These are among the top threats to financial institutions of all sizes. But small-to-midsized ones are particularly challenged to detect and respond to threats. Arctic Wolf's Todd Thiemann discusses the value of managed detection and response.
An analysis of the privacy issues Amazon will face as it dives deeper into the healthcare business leads the latest edition of the ISMG Security Report. Also featured: A preview of ISMG's Security Summit in New York Aug. 14-15.
Hubris has a new name: Bitfi. The cryptocurrency wallet-building company, backed by technology eccentric John McAfee, earned this year's not-so-coveted Pwnies Award for "Lamest Vendor Response" for how it mishandled security researchers' vulnerability disclosures. Bitfi has promised to do better.
Espionage: Every nation does it. But for nation-state hacking that targets intellectual property or interference in political affairs, the U.S. has been using criminal indictments against individuals as a diplomatic way of saying: "We see what you're doing, now knock it off." But does it work?
The FIN7 cybercrime gang regularly phoned victims, posing as buyers, to trick victims into opening phishing emails and attachments with malware, federal prosecutors allege. The group's success - 15 million stolen payment cards and counting - is one measure of how difficult these types of attacks are to block.
The cost of the city of Atlanta's mitigation and subsequent IT overhaul following a massive SamSam ransomware infection in March could reach $17 million, of which $6 million has already been budgeted for new devices, security enhancements as well as upgrades, according to news reports.
The chief security officer for the U.S. Democratic Party is recommending that all party officials avoid using mobile devices made by Chinese manufacturers ZTE and Huawei. Bob Lord says that even if devices from those manufacturers are free or low cost, no one wants to be the next "patient zero."
Retired Brigadier General Gregory Touhill, the first CISO of the federal government, spells out what he sees as the essential steps for fighting against Russian meddling in this year's midterm elections. He'll be a featured speaker at ISMG's Security Summit in New York Aug. 14-15.
Cloud-based CRM giant Salesforce.com is warning some of its Marketing Cloud users that any data they stored may have been accessed by third parties or inadvertently corrupted because of an API error that persisted for six weeks.
Two cybersecurity veterans detail the specific steps the Trump administration must take now if it has any hope of safeguarding the U.S. midterm elections in November against Russian interference, whether via hack attacks or social media and propaganda campaigns.