Malware designed to get ATMs to spit out their cash - advanced when it first debuted - has been upgraded, according to a report from FireEye. Now, the Ploutus-D malware talks to legitimate ATM middleware, enabling it to target machines from 40 vendors. What does this mean for financial institutions?
Yet another power blackout in Ukraine was the result of attackers striking via spear-phishing emails and malware, researchers have confirmed. Ukraine's president blamed the campaign on Russia and said it disrupted a number of critical infrastructure targets.
Seven state insurance commissioners conclude in a new in-depth report that the massive cyberattack on Anthem Inc. was carried out by a hacker on behalf of a nation-state. But they stop short of naming the nation involved or penalizing Anthem for the breach that affected 80 million.
This monthly Security Agenda will highlight some of our latest news, education, interviews and summits. January's edition features former RSA chair Art Coviello discussing "Tactical and Investment Advice for Responding to Attackers." Other industry influencers like internet pioneer Vent Cerf, John Buzzard, Fraud...
The Health Insurance Portability and Accountability Act (HIPAA) just celebrated its 20th anniversary in 2016 as one of the most significant pieces of healthcare-related legislation in U.S. history. Once viewed as a "paper tiger," it has taken many years for the full impact of HIPAA's data security provisions to be...
Localized skimming attacks, whether waged against ATMs or self-service gas pumps, continue to wreak havoc on banks and credit unions. And we're likely to see an uptick in 2017 as fraudsters ramp up their efforts to cash in.
The threat landscape certainly has changed in recent years. But can you say the same about the traditional intrusion prevention system."The biggest problem with IPSs today is that organizations are trying to fight today's threats with yesterday's solutions," says Bertone, who serves as CTO of Fidelis Cybersecurity....
Because cyber threats are becoming increasingly sophisticated, bolstering employee and customer awareness and training about ransomware, phishing and other cyber risks must be a top priority in 2017, says Curt Kwak, CIO of Proliance Surgeons.
As fraudsters continually refine their techniques to steal banking customers' credentials, IBM fights back with new tools that use behavioral biometrics and cognitive fraud detection.
Satti Charles, a Financial Crime Prevention Strategist with IBM Security Trusteer, is enthusiastic about the new behavioral biometric...
Unprecedented hack attacks knocked three Ukrainian power providers offline in late 2015, and now a potential repeat hack has surfaced. Security experts recommend all power operators globally hunt carefully for related signs of attack.
This edition of the ISMG Security Report features an analysis of recommendations by a U.S. House Encryption Working Group that Congress should not enact legislation that requires technology companies to help law enforcement authorities bypass encryption on the devices they manufacture.
A massive botnet run by a Russian cybercrime gang netted more than $3 million a day by generating fake views of online video advertisements, security firm White Ops warns. Cue new concerns over the prevalence of advertising fraud in the wake of fake news worries.
A federal court recently ruled that the structure of the Consumer Financial Protection Bureau, which is led by a single director, is unconstitutional. Cybersecurity attorney Chris Pierson assesses whether the potential restructuring of the CFPB could have any impact on the bureau's oversight of banks.
Memo to would-be cybercriminals: Want to move stolen funds internationally to bank accounts that you control? Need to route the funds to a few money mules to get it laundered? Don't do it from a system tied to an IP address registered to your home.