The Canadian government has arrested a senior intelligence official on charges of working as a mole. He was reportedly unmasked after investigators found someone had pitched stolen secrets to the CEO of Phantom Secure, a secure smartphone service marketed to criminals that authorities shuttered last year.
A Chinese advanced persistent threat group dubbed "Thrip" has attacked at least 12 organizations in Southeast Asia since being exposed last year, Symantec researchers say. The group appears to be linked to Billbug, another Chinese APT group that has been around for a decade.
Cybercrime is surging thanks, in part, to the availability of inexpensive hacking tools and services. A recent look by security firm Armour at black market offerings finds stolen payment card data, RDP credentials, ransomware and DDoS services are widely available for sale.
Since at least 2016, hacked websites have targeted zero-day flaws in current versions of Apple iOS to surreptitiously implant data-stealing and location-tracking malware, says Google's Project Zero team. Apple patched the latest vulnerabilities in February.
Facebook and Twitter have suspended a number of accounts and pages that they have tied to information operations being run by the Chinese government. Disinformation has targeted pro-democracy demonstrators in Hong Kong - likening them to cockroaches - while dismissing anti-Beijing sentiment as "fake news."
U.K. authorities dismantled 13 organized crime groups in the first half of this year. Police report that these groups are increasingly turning to online fraud.
A flood of new technology is racing toward the financial services industry - most notably, increased automation for internal processes to improve margins, as well as the development of new software to create a complete and seamless customer experience in traditional, online, and mobile banking.
FSI organisations...
National Australia Bank says it is contacting 13,000 customers after personal account data was uploaded without authorization to two data service providers. The bank, which apologized, says the data has been deleted and was not disclosed further.
Britain's privacy watchdog has proposed a record-breaking $230 million fine against British Airways for violating the EU's General Data Protection Regulation due to "poor security arrangements" that attackers exploited to steal 500,000 individuals' payment card data and other personal details.
Together with President Donald Trump and the EU Copyright Directive, the U.K's Internet Services Providers' Association has nominated Mozilla as one of its three nominees for "internet villain" of the year. Its purported crime has been to advance a more secure version of the domain name system.
Visibility, or a lack thereof, continues to challenge organizations as they attempt to protect their businesses by knowing which systems, applications and data they have, says AlgoSec's Jeffrey Starr. He discusses how centralized visibility, control and automation can help.
Want to improve how your organization delivers and absorbs security awareness training? Then it comes down to reinventing your approach, including gamification, says Barracuda's Michael Flouton.
Vulnerabilities and network incidents are on the rise. You're racing the clock to patch the riskiest vulnerabilities before attackers exploit them.
Review this report to learn:
Exploiting vulnerabilities from the mind of an attacker
Observed success and probability of an incident to due exploitation
The metrics...
Digital transformation impacts the way that organizations deal with cybersecurity risk, says Tim Wilkinson of Avast Business, who provides advice on how to place security at the center of the transformation.
The fallout from the 2015 TalkTalk hack continues as a 22-year-old U.K. man was sentenced to jail Monday for his role in the attack and other cybercrimes, including an attack against his former school.
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