As financial organizations deploy artificial intelligence and machine learning in the fight against money-laundering fraud, David Stewart of SAS offer tips to help separate fact from market hype when reviewing new data analytics tools.
Britain's home secretary claims that "real people" don't really want unbreakable, end-to-end encryption - they just like cool features. Accordingly, she asks, why can't we just compromise and add backdoors, thus breaking crypto for everyone?
FireEye has confirmed that one of its Mandiant breach investigation employee's personal laptops was breached by hackers, and corporate data dumped. The hackers say the leak is the first in a series of "Operation LeakTheAnalyst" attacks against cybersecurity researchers.
A look by DataBreachToday Executive Editor Mathew J. Schwartz at the human element behind malware leads the latest edition of the ISMG Security Report. Also, changes in the U.S. government's healthcare breach reporting website known as the "Wall of Shame."
To battle Russian hackers, Microsoft has moved to strip them of their malicious infrastructure. To do so, however, the technology giant isn't hunting the attackers down. Instead, it's taking them to court. Two cybersecurity attorneys rate Microsoft's efforts.
While the power grid malware unleashed against Ukraine could be repurposed to attack other grids, "it's not to the point yet where people should be freaking out or building bunkers or anything silly like that," says Robert M. Lee, who heads industrial cybersecurity firm Dragos.
Police in Greece arrested Russian national Alexander Vinnik, who was indicted by a U.S. federal grand jury for allegedly running the BTC-e bitcoin exchange and helping to launder $4 billion in cryptocurrency tied to criminal enterprises, including the hack of the Mt. Gox bitcoin exchange.
A federal court has ordered the deportation of a Venezuelan citizen who is the second person to plead guilty for their role in a conspiracy to commit more than $2 million of tax fraud using identities stolen by hackers from a University of Pittsburgh Medical Center employee database.
It has been a fairly slow year for Mac malware. But a former NSA researcher has dug into the first Mac malware sample that was detected earlier this year - dubbed "Fruitfly" - and found at least 400 computers, and possibly more, infected with a variant of the malware.
Police in Beijing have arrested 11 employees of a Chinese digital marketing agency on charges that they developed and distributed Fireball, malicious adware with 250 million global installations worldwide that reportedly generated $12 million, at least some of it via click fraud.
The ISMG Security Report leads with an analysis of when it would be appropriate for the United States and Russia to engage in cybersecurity negotiations. Also, how NotPetya malware attack victims continue to struggle weeks later.
Security comes to Las Vegas this week in the form of Black Hat USA 2017. Hot sessions range from an analysis of power grid malware and "cyber fear as a service" to details of two major hacker takedowns and how the world's two largest ransomware families cash out their attacks.
A British man named by authorities as "Daniel K." - aka "Spiderman" and "Peter Parker" - pleaded guilty in German court to infecting 1.25 million Deutsche Telekom routers with Mirai malware and causing more than $2 million in damage.
Medical transcription software vendor Nuance is the latest company to acknowledge that it's still struggling to recover from the recent global NotPetya ransomware attacks and will see a dip in its financial performance as a result.