The attacks targeting financial services organizations continue to increase in both volume and sophistication. Security-conscious enterprises need to prepare for threats that emanate from external cybercriminals as well as employee errors and malicious insiders.
While detection, threat intelligence and other...
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Data breaches are a rapidly growing problem for businesses worldwide. People-centric threats can jeopardize enterprises even more than technical vulnerabilities.
On behalf of Proofpoint, The Economist Intelligence Unit surveyed more than 300 corporate executives on how they are managing the frequency and severity...
Amidst this new "perfect storm" of insider risk, enterprises face new challenges in detecting malicious and accidental activities. Tricia Hoyt, Director of Security Operations at ReliaQuest, offers insight on how to assess and reduce the risks.
A former vice president of a personal protective equipment packaging firm has been sentenced to prison and ordered to pay restitution for sabotaging the company's electronic shipping records during the COVID-19 pandemic - causing delays in deliveries - after he was terminated from his job.
What are the top cyberthreats facing the financial services sector? Valerie Abend of Accenture describes the findings of a new report on the subject in an in-depth interview.
Death via a thousand paper cuts? The U.S. government hasn't been able to arrange a domestic court date for whistleblower Edward Snowden, but via the courts, it's successfully been awarded $5.2 million in his book royalties and revenue from speaking engagements.
Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.
What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.
An organization has successfully implemented a "zero trust" framework when it can achieve context-aware resolution of a risk, says Dr. Siva Sivasubramanian, CISO of SingTel Optus, an Australian telecommunications firm.
The 2020 industry benchmark report independently conducted by the Ponemon Institute and sponsored by IBM Security and ObserveIT is now available.
What are the findings and implications of an insider breach? Ponemon Institute's latest report is conducted to understand the direct and indirect costs that result from...
A hybrid workforce, heightened insider risk, 5G concerns over the expanded attack surface - these are the "more" that people reference when they talk about "doing more with less" in 2021. A CEO/CISO panel discusses how security leaders prioritize budget allocations for these concerns.
A former Cisco engineer has pleaded guilty to causing $1.4 million in damages to his former employer. Sudhish Kasaba Ramesh admitted to deleting 456 virtual machines that affected 16,000 WebEx accounts for weeks, according to the Justice Department.
News that a malware-wielding gang of Russians targeted Tesla by attempting to work with an insider should have all organizations asking: What would happen if extortionists attempted to bribe one of our employees to install malicious code designed to steal corporate secrets for ransom?
Tesla CEO Elon Musk says a "serious attack" aimed at stealing corporate data and holding his company to ransom has been thwarted. The FBI has accused a Russian national of attempting to recruit an insider to install malware to steal data, which criminals hoped to ransom for $4 million.
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