Microsoft's IoT platform, Azure Sphere, which launched in February, is the company's bet to address the growing security and management problems around connected devices. A three-month bug bounty program for the platform resulted in resolving a number of vulnerabilities and awarding $374,000 in bounties.
Ransomware has emerged as the No. 1 online threat targeting public and private organizations this year. Seeking maximum returns, more gangs have moved beyond opportunistic attacks to target organizations with "post-intrusion ransomware." Meanwhile, many victims fail to report such crimes to police.
Security researchers with the Chinese company Qihoo say they've spotted a new IoT botnet that brute forces telnet ports on routers and other devices and is coded with a command to erase infected devices.
A recent ransomware attack on a provider of software used by firms involved with COVID-19 vaccine development and other drug clinical trials illustrates increasing cyberthreats facing medical industry supply chain partners.
Despite the shift to e-commerce during the pandemic, attacks against POS devices persist. For example, Visa's payment fraud disruption team uncovered recent malware attacks on POS devices used by two North American hospitality companies.
Privacy regulators in Germany have slammed clothing retailer H&M with a $41 million fine for collecting and retaining private employee data in violation of the EU's General Data Protection Regulation. H&M has apologized, instituted changes and promised to financially compensate employees.
A new malware variant dubbed Black-T developed by the hacker group TeamTnT targets exposed Docker daemon APIs to perform scanning and cryptojacking operations, according to researchers at Palo Alto Networks' Unit 42.
Digital identity is coming of age as a way to enable COVID-19 contact tracing, crack down on payment fraud and much more, says Tony Craddock of the Emerging Payments Association.
A recently updated version of the "InterPlanetary Storm" botnet is now infecting Mac and Android devices as well as those running Windows and Linux, researchers at Barracuda Networks say.
The latest edition of the ISMG Security Report analyzes cybersecurity firm McAfee's plans to again become a publicly traded company. Also featured: 'Zero trust' strategic insights and an IoT security flaw saga.
In this year of accelerated transformation, many enterprises have adopted and adapted to software-defined networking. Daniel Schrader of Fortinet and Daniel Cooke of Vandis discuss how they have partnered to empower networking transformation.
As Universal Health Services continues to recover from an apparent ransomware incident last weekend that affected system access for hundreds of its facilities, security experts say others can learn important lessons from the company's experience.
McAfee is set to become a public company once again, with the cybersecurity firm filing for an IPO with the U.S. Securities and Exchange Commission to trade under "MCFE" on the Nasdaq Stock Market. Separately, Ivanti announced that it would buy security firms MobileIron and Pulse Secure.
William Dixon of the World Economic Forum is calling for the formation of a "quantum computing security coalition" to help build trust in the technology, which could play a key role in enhancing security.
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