Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The Cybersecurity and Infrastructure Security Agency is warning organizations to immediately patch the ProxyShell vulnerabilities in Microsoft Exchange email servers because security researchers say ransomware gangs are exploiting these flaws.
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
Researchers at Mnemonics Labs have found a vulnerability in the server name indication, or SNI, of the TLS Client Hello extension. Exploitation could enable attackers to bypass the security protocol of many security products, leading to stealthy exfiltration of data, researchers say.
Australia's data regulator says organizations hit by ransomware may be underreporting data breaches because they haven't thoroughly figured out if data was taken. But an "absence of evidence" of a data breach in a ransomware attack isn't sufficient to declare that no data was taken.
To protect manufacturing operations and data, there are some important cybersecurity gaps to address. Cybersecurity company Lookout explains how to close the five most common security gaps in manufacturing, which are created as a result of digital transformation.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.
The World Bank has launched a cybersecurity fund for low- and middle-income nations to support public sector efforts to conduct cybersecurity maturity assessments, offer technical assistance and support training and staff development.
The latest edition of the ISMG Security Report features an analysis of the cybercrime-as-a-service model and how law enforcement could potentially disrupt it. Also featured: T-Mobile probes a massive data breach; tackling abuse in the workplace.
T-Mobile USA says its massive data breach is worse than it first reported: The count of prepaid and postpaid customers whose information was stolen has risen to 14 million. Also revised upward: its count of 40 million exposed credit applications from former customers and prospects.
A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe - or a portion of any ransom collected - to employees of targeted organizations if they will install DemonWare ransomware on their corporate network.
The Brazilian government has confirmed that its National Treasury fell victim to a ransomware attack on Aug. 13. The scope of the incident remains unclear, although officials say it did not damage structural systems.
Israel-based digital intelligence company Cellebrite is halting sales to Bangladesh, citing human rights concerns. The move comes after the U.N. on Friday called for a moratorium on the sale of "life-threatening" surveillance technology, singling out Israel's NSO Group for criticism.
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