The gang behind the Carbanak banking malware - tied to $1 billion in fraud - has changed tactics, using upgraded malware via spear-phishing attacks, a security expert warns. Separately, a new banking Trojan called Shifu has been targeting Japanese banking customers.
The nature of today's threats has compelled organizations to adopt new tactics. Gartner's Lawrence Pingree says that attention to detection and response are at the forefront of the current evolution.
BlackBerry plans to buy mobile device management rival Good Technology for $425 million. BlackBerry must prep for a future in which it no longer manufactures hardware - and that's why this deal makes sense.
With enterprises increasingly concerned about advanced persistent threats, ISMG speaks to experts for recommendations on building APT resilience in their organizations - both immediate and long-term.
Policymakers must consider three factors before imposing sanctions in retaliation for state-backed hacks: Confidence in its attribution of responsibility, the impact of the incident and the levers of national power at a state's disposal.
Singapore's leading privacy experts debate the merits of mandatory disclosure of data breaches. Should breach notification be a regulatory requirement when critical data is compromised or at risk?
Information security experts offer two timely Apple iOS device reminders: First, never jailbreak the devices. Second, enterprise security managers must ensure that they ruthlessly block any jailbroken devices from accessing corporate networks because they pose a security risk.
The bad news is that the new KeyRaider malware has so far compromised more than 225,000 Apple accounts worldwide. The good news, according to Ryan Olson of Palo Alto Networks, is that only modified, or "jailbroken," ioS devices are at risk.
Because of commercial and governmental pressure to increase the use of electronic banking, cybersecurity risk is now the biggest challenge facing Singapore's financial institutions, says Lena NG of Clifford Chance.
The FBI estimates fraud losses linked to so-called business email compromise scams worldwide have exceeded $1.2 billion in less than a year. But some financial fraud experts say the losses from this largely overlooked threat could be even higher.
Beyond APT30, another advanced threat group appears to be at work in India and the SEA region, targeting critical information assets. However, APT resiliency is not yet a part of the security lexicon, experts say.
With a majority of ATMs continuing to run on archaic WinXP platforms, questions arise around why these devices are not being built secure by design. EPS COO Prakash Joshi on ATM security challenges and developments.
CISOs who want to keep more cyber-attacks from succeeding should focus on decreasing the half-life of vulnerabilities, which refers to the amount of time it takes half of all systems affected by a vulnerability to get patched. That's the advice from Qualys' Wolfgang Kandek.
What's Silicon Valley secret that helps innovative startups to thrive and grow? And how does the startup ecosystem in India compare? Here is the story of Fixnix - The Silicon Valley-based GRC startup from India.
Extortionists and "free agent" rogue insiders have emerged as the top two most malicious cybercrime threats to banking institutions, says Gartner's Avivah Litan. How should institutions bolster their defenses?
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