Payments companies must secure their APIs and enhance their authentication standards in line with The Reserve Bank of India's guidelines to make QR codes interoperable and boost the electronic payments ecosystem.
Enterprises in Bangladesh need to invest more in monitoring capabilities because that is how they will be able to understand the threats coming in their systems, says Pallab Goswami, first assistant, vice president, ICT security, governance and compliance, at Modhumoti Bank.
A new report describes the attack methods of an Eastern European gang known as UNC1878 or Wizard Spider that's been waging ransomware attacks against U.S. hospitals in recent days.
U.S Cyber Command and the Cybersecurity and Infrastructure Security Agency have issued warnings about two Russian hacking groups that are using updated malware to target government agencies around the world.
The latest edition of the ISMG Security Report features a discussion with FBI Agent Elvis Chan on the cyber disruptions to expect immediately after the Nov. 3 U.S. election. Also featured: smart lock security flaws; cryptocurrency-funded crimes in 2021.
Not only have enterprises accelerated their shift to the cloud in 2020, but they have also leapfrogged into multi-cloud environments. With this transition comes the top challenge: Maintaining appropriate visibility. Joe Partlow of ReliaQuest discusses how to tackle this challenge.
Turla, a hacking group based in Russia, is deploying a revamped set of customized tools to target potential victims, including a European government agency, for its espionage campaigns, according to Accenture.
The operators behind the Ryuk strain of malware are increasingly relying on a malware-as-a-service tool - the Buer loader - to deliver the malware, rather than botnets such as Trickbot and Emotet, the security firm Sophos reports.
The U.S. Cybersecurity and Infrastructure Security Agency and the FBI have issued an alert providing details on the activities of a North Korean hacking group dubbed Kimsuky. The group, which has primarily focused on South Korean targets, has also conducted espionage campaigns in the U.S. and Japan.
Some 21 malicious Android apps containing intrusive adware were discovered on the Google Play Store, but most have now been removed, according to a new report from the security firm Avast.
Security researchers at Imperva have uncovered a botnet that attacks vulnerabilities in websites' underlying content management systems and then uses these compromised servers to mine for cryptocurrency or send spam to more victims.
"Cybercrime is an evolution, not a revolution," says Europol's Philipp Amann, who oversees the EU law enforcement intelligence agency's annual study of the latest cyber-enabled crime trends. Ransomware, social engineering and the criminal abuse of cryptocurrency and encryption are some of the top threats.
The European Union has issued sanctions against two Russian nationals alleged to have hacked Germany's lower house of parliament, or Bundestag, in 2015. EU officials say both men work for the Russian military intelligence unit GRU.
The operators behind the LockBit ransomware strain use automation tools and techniques that help the malware quickly spread through a compromised network and also assist in picking specific targets, according to Sophos.
In an effort to ramp up the fight against fraud, the Reserve Bank of India next year will launch a "Positive Pay" system of verifying information about checks with a value at $700 or more. Bank CISOs face the big task of securing the huge new flow of data.
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