Financial services firms in Africa are becoming bigger cyber targets as they expand into new mobile payment and financial inclusion products. Rob Dartnall of Security Alliance explains why these firms need to invest in information sharing, training and new cybersecurity practices to avoid breaches.
Australia's Optus telco is facing a $1 million extortion demand to prevent the release of up to 11.2 million sensitive customer records. The data appears to be legitimate. The attacker tells Information Security Media Group an unauthenticated API led to the breach.
Researchers uncovered a never-before-seen advanced threat actor dubbed Metador targeting telecommunications, internet service providers and universities in several countries in the Middle East and Africa for cyberespionage. They found two different Windows-based malware platforms.
Scammers are taking advantage of the monkeypox virus outbreak to launch phishing campaigns targeting healthcare providers and public health organizations to harvest credentials, the Department of Health and Human Services' Health Sector Cybersecurity Coordination Center says.
Hackers behind a campaign of deceptive sweepstakes spam hacked their way into Azure cloud accounts that lacked multifactor authentication and obtained admin privileges for Exchange servers. Microsoft advises turning on MFA and other measures such as conditional access.
In the latest weekly update, ISMG editors discuss the industrywide implications of a teenager hacking into Uber's internal systems, key trends in the new Gartner SD-WAN Magic Quadrant report, and how ethics and security culture are center stage due to recent CISO revelations at Uber and Twitter.
What is the future of ransomware, and is it going to continue with the same intensity of the last few years? Michael DeBolt of Intel 471 says anti-ransomware efforts, including government action and better cybersecurity practices, are working. But ransomware isn't going away soon.
A criminal investigation is underway into a breach at Optus, Australia’s second-largest telecommunications company. Optus' CEO says the company will notify those affected. It's unknown so far who perpetrated the attack, and the data has not appeared on the dark web.
As budgets tighten in anticipation of economic hardships, cybersecurity threats only continue to grow. Bill Bernard, CISSP of Deepwatch, advises security leaders to consider how senior management and the board view cybersecurity and then adjust how you prioritize people, technology and managed services.
In this...
As ransomware actors continue to ply their trade, prospective victims need to get better at all three phases of an attack: before, during and after. Andrew Stone of Pure Storage shares insights on how to improve defenses by focusing on hygiene, authentication, awareness and logging.
In this video interview with...
The chief executive of Portugal's state-owned airline said she will not negotiate with hackers even as the Ragnar Locker ransomware-as-a-service group posted online the data of 1.5 million customers. "We hope you support us in this ethical attitude," said Christine Ourmières-Widener.
Credit card giant Capital One is moving past its 2019 hacking incident as federal regulators stop requiring quarterly updates on efforts to improve cybersecurity and a federal judge signs off on a $190 million settlement in a proposed class action lawsuit.
Iranian hackers rambled across the Albanian government's network for 14 months before launching a ransomware and disk wiper attack in July, says the U.S. government. Iran exploited a Microsoft SharePoint vulnerability to gain access and then harvested credentials and exfiltrated data.
Australian telecommunications giant Optus is warning that current and former customers' personal details were exposed, including some driver's license and passport details, but no passwords or financial details, after it suffered a major data breach.
The latest edition of the ISMG Security Report discusses financial giant Morgan Stanley's failure to invest in proper hard drive destruction oversight, the future of ransomware and the gangs that have attacked organizations in recent years, and the methods required to secure new payments systems.
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