The success of Operation SAMBRE, a global cybercrime investigation into the theft of billions of dollars from banks throughout the world, proves why information sharing between law enforcement and the private sector is key to battling cybercrime.
Yahoo in 2014 spotted that an attacker - later revealed to have compromised 500 million accounts - was inside its network, according to a new SEC filing. With Yahoo's $4.8 billion sale to Verizon still pending, the admission adds to the search giant's complications.
The breach of Democratic Party computers led to the release of a trove of emails embarrassing to Hillary Clinton that might have swayed the election. Should the IT security community fess up? Also, top government cybersecurity policymakers assess President-elect Donald Trump as an IT security influencer.
President-elect Donald Trump will review the nation's cyber vulnerabilities at the start of his presidency, just like Barrack Obama did. But Trump hasn't demonstrated the deep understanding of cyber that Obama did when he took office nearly eight years ago.
In the wake of recent cyberattacks on the financial sector, the Insurance Regulatory Authority of India plans to develop by March 2017 a comprehensive cybersecurity framework offering guidance for insurers. Security experts weigh in on the priority areas that need IRDAI's attention.
An explanation of how the FBI likely was able to quickly review 650,000 emails found on a computer shared by a top aide to Democratic Party presidential nominee Hillary Clinton leads the latest ISMG Security Report. Also, this week's ISMG Fraud and Breach Prevention Summit in London is previewed.
Did security vendor Cylance lean too heavily on decade-old research into weaknesses in a still-used electronic voting machine in order to get pre-election day headlines? A company spokesperson says no.
U.K. Chancellor Philip Hammond used the launch of Britain's new five-year National Cyber Security Strategy to trumpet the country's strike-back capabilities. But other parts of the strategy - including more automated defenses - hold much greater promise.
The websites of seven of India's embassies apparently were hacked and some data pertaining to Indian citizens leaked online by the attackers claiming responsibility. The hackers say they wanted to call attention to the sites' vulnerabilities.
Scotland-based Tesco Bank has blocked all online transactions tied to customers' current accounts after money was stolen from 20,000 of those accounts and the bank detected suspicious activity involving another 20,000 accounts, according to CEO Benny Higgins.
Will the advent of faster payments in the U.S. open new doors for fraud? Business continuity and security are priorities for the Federal Reserve, says Marianne Crowe of the Boston Fed. But independent consultant Richard Party begs the question: Is the U.S. really ready?
What are the critical elements of developing a "wartime" mindset to deal with serious cyber threats facing the healthcare sector? Find out how presenters and attendees answered this question at ISMG's Healthcare Security Summit.
I'm looking forward to this week in London, where Jason Tunn of the Metropolitan Police Service will walk us through a high-profile cybercrime investigation that resulted in the 2015 arrest of two British hackers with links to Russia after they attacked leading U.K. banks with the Dridex banking Trojan.
The latest ISMG Security Report features a special report on potential cyber threats that could damage the integrity of the U.S. presidential election. Also, an analysis of the harm caused by Australia's largest breach of personal information.
India has just woken to a massive breach long anticipated by pragmatic observers in the industry. However, ironically, no responsibility can be pinned. Individual banks are all claiming innocence, and the regulator is MIA.