A group of Russian-speaking hackers over the past year-and-a-half has stolen nearly $10 million from banks, mostly in the United States, Britain and Russia, the Moscow-based, according to cybersecurity firm Group-IB.
Cybercriminals continue to rely on individuals who undertake the risky operation of moving illicit proceeds from one location to another. But these "money mules" face a multitude of risks, including imprisonment, police warn.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
Artificial intelligence can help improve network health by building a "pattern of life" for every device, user and network, says Justin Fier of Darktrace, who explains how to improve network visibility.
The hacker to whom Uber paid $100,000 to destroy data and keep quiet about its big, bad breach is a 20-year-old man living in Florida, Reuters reports. But numerous questions remain about the 2016 breach, including whether the payment was a bug bounty, extortion payoff or hush money.
Christiana Care Health System, which operates a network of hospitals, is working on several risk management priorities for 2018, including adopting the HITRUST framework, implementing appropriate controls for protecting against emerging threats and phasing in new security technologies, says Anahi Santiago, CISO.
In an era where users are working simultaneously across mobile, social and cloud applications and platforms, organizations need to deploy identity and access management solutions that can scale and adapt quickly. IBM's Sean Brown describes the rise of Identity as a Service.
Healthcare technology has made leaps and bounds in terms of its ability to improve patient outcomes, and yet many technologies are being deployed before security concerns can catch up.
Parliament to the populace: Do as we say, not as we do. How else to characterize multiple U.K. lawmakers' flagrant disregard for the data privacy laws that they themselves voted into effect?
An international police operation has resulted in the disruption of the long-running Andromeda botnet and associated Gamarue crimeware toolkit. Andromeda has been used to distribute 80 types of malware, including backdoors, banking Trojans and ransomware, security experts say.
The U.K.'s privacy watchdog has launched a probe after some Members of Parliament admitted they share email passwords or leave workstations unlocked. The MPs were attempting to defend a colleague who's been accused of downloading and viewing pornography on his work PC.
Email, which is too easily spoofed, phished or taken over, remains a leading cybersecurity risk. But finally, after years of pushing, the Domain-based Message Authentication, Reporting and Conformance standard, or DMARC is helping to bolster email security, says Phil Reitinger, CEO of the Global Cyber Alliance.
Denial of Service, web application layer attacks, credential abuse and IoT - these are the attack trends and vectors that will make headlines in 2018. Ryan Barnett of Akamai offers insight into how to prepare your defenses.
If you want to anticipate a prospective hacker's moves, then you'd better be able to think like one. That's the position of Terry Cutler, an ethical hacker who dedicates his time to testing organization's cybersecurity defenses - and their people.
As data breaches increase in scale and frequency, businesses must ensure an effective, swift and well-orchestrated response. To help them, ISMG on Wednesday and Thursday will host a Fraud and Breach Prevention Summit in Mumbai offering insights from 20 leading CISOs and many other experts.
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