In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
Ransomware attackers commonly bypass traditional email gateways, targeting people directly to gain access to a company's systems. The answer? Replace these porous controls with a people-centric security strategy, says Matt Cooke of Proofpoint.
A newly identified banking Trojan dubbed SharkBot is now targeting banking and cryptocurrency exchange customers across the U.K., Italy and the U.S. through a sideloading campaign and/or a social engineering campaign.
Multiple cybercriminal groups appear to be targeting relatively new entrants in the space with phishing attacks. In what cybersecurity analysts at Group-IB call a "cannibalistic approach," these gangs are impersonating underground card shops to dupe the newbies for monetary gain.
The latest edition of the ISMG Security Report features an analysis of attempts made by European law enforcement to encourage young cybercriminals to channel their skills in more ethical ways. Also featured: Fraud detection and response; inspiring behavioral change.
Neiman Marcus Group says it is notifying 4.6 million of its online customers who are affected by a data breach that occurred in May 2020. The data includes personally identifiable data, payment and gift cards, online account credentials and security questions.
Microsoft has indicated it will make changes to reduce the risk around what a security vendor says is a vulnerability that lets attackers run brute-force credential attacks against Azure Active Directory. The issue was reported to Microsoft in June by SecureWorks' Counter Threat Unit.
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
Researchers at the security firm Cisco Talos have spotted an ongoing campaign using an updated variant of the "Neurevt" Trojan to target customers of financial institutions in Mexico.
A Massachusetts man who used SIM swapping and other account takeover techniques to target business executives and steal more than $530,000 worth of cryptocurrency has pleaded guilty to several federal charges.
The answer to the increasing volume of challenges is not to just add another tool into the mix, it's to add the tools the organization is already using into an integrated cohesive mix.
The network has become hybrid and multi-cloud, and security now needs to be harmonized across network, workload and application domains. The complexity of your disparate and dynamic environments is an enemy and you need to defend against it, as you would against any sophiscated adversary.
A newly uncovered banking Trojan dubbed Vultur is targeting Android users through screen recording to capture the victims' banking credentials, a new report by security firm ThreatFabric says.
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