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.
Cost Savings and Business Benefits Enabled by the Virtual Cloud Network.
To better understand the benefits, costs, and risks associated with an investment in a Virtual Cloud Network, Forrester interviewed five customers using VMware NSX solutions to simplify WAN management across branch locations.
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Recent cyberattacks have made it clear that organizations of all sizes need to focus on a holistic and cohesive security strategy. Security operations centers (SOCs) have become a focal point in this effort, consolidating the right people, processes and technology to mitigate and remediate attacks.
But how can you do...
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...
IT teams at regional banks and credit unions are stretched thin. They're expected to meet compliance obligations while simultaneously taking care of cyberthreats. This is particularly true for mid-sized institutions without resources dedicated to security or compliance, putting them at risk.
What options do...
In the wake of digital transformation and several large, high-profile data breaches - and at a time where all the personal information is shared in the social network - traditional forms of digital identity verification are no longer valid.
Customers have zero patience for extra steps, and yet they expect their...
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.
For those who operate downstream from a business's main security
architecture, the effect of bots on the most pernicious types of
fraud they face is clear. Employing technology to combat bots
should be a vital part of any e-commerce merchant's layered
defense against fraud.
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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.
As the HIPAA security rule turns 20, it's time for regulators to make updates reflecting the changing cyberthreat landscape and technological evolution that's happened over the past two decades, says security expert Tom Walsh.
But before India enacts a domestic data storage mandate, all the cost implications must be carefully considered. Legislators must study whether the benefits justify the hefty costs involved.
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