How many different shades of bizarre is the data breach notification issued by software vendor Blackbaud? Over the course of three paragraphs, Blackbaud normalizes hacking, congratulates its amazing cybersecurity team, and says it cares so much for its customers that it paid a ransom to attackers.
Twitter says attackers who hijacked more than 130 high-profile Twitter accounts used social engineering to bypass its defenses, including two-factor authentication on accounts. Experts say companies must have defenses in place against such schemes, which have long been employed by fraudsters.
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Britain's U-turn on Huawei, announcing that it will now ban the manufacturer's gear from its 5G networks, highlights this as yet unresolved problem: Years of underinvestment and policy failures have left Britain and its allies with no inexpensive, trusted alternative.
A massive DDoS attack generating 809 million packets per second was recently directed against a large European bank, according to the security firm Akamai, which describes in a new report the unusual approach the attackers took.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
Time for another internet of things update nightmare: Researchers have found that a little-known but widely used TCP/IP software library built into millions of internet-connected devices has 19 flaws that need fixing. Developer Treck has issued fixes, but how many vulnerable devices will end up patched?
Vulnerabilities due to "coding errors" in a number of mobile banking applications make them all too susceptible to hacking and customer account data theft, the security firm Positive Technologies warns.
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
Europe is targeting financial and economic crime, including fraud and money laundering, via the new European Financial and Economic Crime Center, hosted by the EU's law enforcement intelligence agency Europol. Officials say the launch of such a center during the COVID-19 pandemic is no accident.
A software error that briefly allowed individuals to access other patients' telehealth appointment recordings serves as a reminder of the potential security and privacy risks involving telemedicine applications, especially as the use of the technology soars during the COVID-19 pandemic.
Surveillance researchers at Citizen Lab have tied thousands of "Dark Basin" corporate espionage phishing attacks to a small Indian cybersecurity firm called BellTroX InfoTech Services. It's led by Sumit Gupta, who was indicted by the U.S. in 2015 for criminal hacking on behalf of private investigators.
Financial institutions face two major network security related challenges while working to serve their customers: the constant demand to improve in order to successfully compete in the market and regulatory compliance.
Yet, when it comes to security, the InfoSec team often uses slow, manual (and error prone)...
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