Japanese conglomerate Hitachi has sold its small identity-as-a-service practice to Canadian software specialist Volaris Group to drive better execution around core products. The firm found it was easy to get lost within Hitachi given the conglomerate's size and focus on electronics and engineering.
Banking regulators are looking for ways to tackle authorized payment scams, such as spreading the risk to other banks. In a new report on how eight countries are handling this fraud, researcher Ken Palla advises banks to focus on reimbursing victims and preventing the theft.
In today's dynamic threat environment, security teams must adopt a risk-based approach, prioritizing the most important areas of their organization. They also should not be afraid to seek outside help. Murtaza Hafizji of Bugcrowd discusses the merits of crowdsourced security.
It's been over one year since the release of President Biden's cybersecurity executive order, and federal agencies are making measurable progress in adopting zero trust architecture. Dennis Reilly of Gigamon discusses specific progress around visibility and observability in the network pillar.
In the latest "Proof of Concept," experts join ISMG editors to discuss concerns over Twitter's security leading up to the U.S. midterm elections, the move by the U.S. Department of Justice to file its most sensitive court documents on paper, and the recent sanctions against Tornado Cash.
Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.
Insurance market giant Lloyd's of London says that starting next year, its cyber insurance policies will no longer cover state-sponsored cyberattacks. But with attribution being inherently tricky, expect this move to be tested in court, says Jonathan Armstrong, a partner at Cordery law firm.
In the latest weekly update, four Information Security Media Group editors discuss key cybersecurity issues, including the high cost of BEC scams, a Cuba ransomware gang's attack on Montenegro, and why so many hacktivists couldn't overcome the technical ennui of the Russia-Ukraine cyberwar.
The latest edition of the ISMG Security Report explores the possible unintended consequences of banning ransom payments, the challenges of opening a cyber intel firm during wartime, and the need for more clarity in the regulation of cryptocurrency firms.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including implications of the Russia-Ukraine cyberwar, the former CISA director’s somber message to the industry at Black Hat, and how the cryptocurrency landscape is changing.
The Identity Theft Resource Center's new report shows a 1,044% increase in social media account hijacking. Banking fraud is also rising, with scammers focusing on using stolen personal data to open new banking and credit card accounts in victims' names, says COO James Lee.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
Thoma Bravo is eyeing its third take-private security deal of 2022, initiating talks with Darktrace months after agreeing to buy SailPoint and Ping Identity. The cybersecurity AI firm says it's in early discussions with private equity giant Thoma Bravo on a possible cash offer for the business.
ENISA’s new "Threat Landscape for Ransomware Attacks" report analyzes 623 ransomware incidents in the EU, U.K. and U.S. from 2021 to 2022. ENISA cybersecurity officer Ifigeneia Lella shares how attacks have evolved and how 95% of reported incidents lack key data about how the breaches occurred.