OT attacks have doubled. Mark Cristiano, global commercial director of cybersecurity services at Rockwell Automation, discusses how organizations can develop a strategic approach to OT security that aligns with their risk profile, cyber maturity and ability to absorb change.
An Indian court convicted 11 people for their roles in the North Korean heist of $13.5 million in 2018 from Pune-based Cosmos Cooperative Bank. The United Nations attributed the thefts to North Korea, which uses criminal activity, including financially motivated hacking, to obtain hard currency.
The United Kingdom should augment its cryptocurrency asset seizure abilities as part of an effort to combat ransomware and other cybercrime, a parliamentary panel heard. The rate of seizures is not commensurate with the level of crypto adoption, said Aidan Larkin, CEO of Asset Reality.
ChatGPT may be grabbing headlines, but many security practitioners are still skeptical about AI. ISMG editors at the RSA Conference 2023 in San Francisco discuss the hot topics this year, from the looming risk of the metaverse and our reality to the latest approach to cloud development.
The United States' second-highest-ranking prosecutor said the Department of Justice has pivoted its security strategy from pursuing courtroom victories to preventing and disrupting cybercrime. Lisa Monaco said Justice officials now put victims at the center of their cybercrime response.
ISMG editors are live at RSA Conference 2023 in San Francisco with an overview of opening-day speakers and hot topics including the emergence of AI, the latest intel on nation-state threats, security product innovation and deals, and ransomware trends. Join us for daily updates from RSA.
A Chinese and a Hong Kong national are each under U.S. federal indictment for their roles in channeling cryptocurrency stolen by North Korean hackers into hard currency. Prosecutors also indicted a North Korean man for representing the sanctioned Korea Kwangson Banking Corp.
Over a five-year span, reported BEC incidents cost global enterprises more than $43 billion in losses. This trend has the attention of the U.S. Secret Service. Agents Kevin Cooke and Abigail Tyrrell discuss why law enforcement partnerships and speed of response are more critical than ever.
According to findings from the Identity Theft Resource Center's 2023 Q1 Data Breach Report, the number of publicly reported data compromises decreased, but the number of data breaches with no actionable information about the root cause of the compromise grew.
Threat actors are exploiting Kubernetes Role-Based Access Control in the wild to create backdoors and to run cryptocurrency miners. Researchers observed a recent campaign that targeted at least 60 Kubernetes clusters by deploying DaemonSets to hijack and steal resources from the victims' clusters.
A North Korean backdoor targeting Linux desktop users shares infrastructure with the hacking group behind the 3CX software supply chain hack. Cybersecurity firm Eset analyzed the backdoor and connected it with a Pyongyang fake job recruiting campaign generally known as Operation Dream Job.
In the latest weekly update, finance security expert Ari Redbord joins ISMG editors to discuss takeaways from the U.S. Treasury's 2023 DeFi Illicit Finance Risk Assessment, the state of blockchain analytics and where it is headed, and traction for FinCEN's Financial Action Task Force Travel Rule.
The North Korean software supply chain attack on a Chicago financial trading software developer infected additional victims besides 3CX, including organizations in the energy sector, says Symantec Threat Hunter Team. One organization is located in the United States, the other in Europe.
The Federal Reserve's FedNow Service will launch in July this year. Many banks, including community banks, will be able to leverage FedNow as an instant payment platform. How can these banks prepare for faster payments, and what security controls should they consider adding?
She's been assistant general counsel at the CIA and undersecretary at the Department of Homeland Security. She is on the Cyberspace Solarium Commission. Now an adviser to the Center for Strategic and International Studies, Suzanne Spaulding will keynote at RSA Conference 2023. Her topic: ransomware.
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