Ramping up authentication as e-commerce continues to grow requires achieving a delicate balance of a frictionless, yet secure, consumer experience, says Robert Capps of NuData Security, a unit of Mastercard.
Britain's U-turn on Huawei, announcing that it will now ban the manufacturer's gear from its 5G networks, highlights this as yet unresolved problem: Years of underinvestment and policy failures have left Britain and its allies with no inexpensive, trusted alternative.
Auction website LiveAuctioneers has acknowledged that it sustained a data breach in June. The announcement came after threat intelligence firm CloudSEK reported that it discovered about 3.4 million LiveAutioneers customers' records had been posted for sale on a darknet forum.
Connected devices for consumers don't come with service-level agreements agreements. The travails of Petnet, the maker of an automatic, cloud-enabled pet feeder that has now gone offline offer a tale of caution that points to the need for stronger consumer protection for cloud-enabled devices.
To the long list of alleged hackers who failed to practice good operational security so they could remain anonymous, add another name: Andrey Turchin, who's been charged with running the Fxmsp hacking group, which prosecutors say relied on Jabber and bitcoins in an attempt to hide their real identities.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
Five billion unique user credentials are circulating on darknet forums, with cybercriminals offering to sell access to bank accounts as well as domain administrator access to corporate networks, according to the security firm Digital Shadows.
A recently uncovered phishing campaign is using spoofed Zoom account alerts to steal Microsoft Office 365 credentials, according to a report from Abnormal Security. These attacks come as use of the platform soars due to work-from-home arrangements.
U.S. prosecutors this week unsealed an indictment against the alleged hacker "Fxmsp" after his identity was revealed in a cybersecurity firm's report. That sequence of events has raised questions about information sharing and highlighted law enforcement's reliance on private cybersecurity researchers.