The latest edition of the ISMG Security Report features a discussion of the controversies surrounding the release of whistleblower Edward Snowden's memoir. Also featured: An update on Lumen PDF's breach disclosure; insights on financial services identity management issues.
A new phishing email campaign promises to deliver a tax refund, but instead helps spread a botnet called Amadey, according to researchers at the security firm Cofense.
The crypotmining botnet Smominru, which has been around since at least 2017, has resurfaced with a new campaign that has infected 90,000 devices worldwide, including in the U.S., China and Russia, according to security analysts at Guardicore.
A hacker group called Tortoiseshell has been hitting targets in the Middle East since at least July 2018, apparently targeting IT service providers to gain access to many potential targets at once. The campaign is fresh proof that criminals and nation-state attackers alike continue to favor supply chain attacks.
Facebook announced this week that it has removed hundreds of fake accounts and pages. The majority of these originated in Ukraine or Iraq and used phony user identifications to spread misinformation in an attempt to influence local politics, the company says.
U.S. Senators Chuck Schumer, D-N.Y., and Tom Cotton, R-Ark., are asking the Federal Communications Commission to reconsider operating licenses granted to two Chinese telecommunications companies, citing concerns over national security and foreign espionage.
Emotet, one of the most powerful malware-spreading botnets, is active again after a four-month absence, according to several security researchers who noticed a surge in activity primarily against U.S., U.K. and German targets starting on Monday.
An unsecured database owned by an Ecuadorian consulting company left over 20 million records on the South American country's citizens exposed to the internet, according to a report from two independent security researchers. An official investigation is underway.
The Canadian government has arrested a senior intelligence official on charges of working as a mole. He was reportedly unmasked after investigators found someone had pitched stolen secrets to the CEO of Phantom Secure, a secure smartphone service marketed to criminals that authorities shuttered last year.
Artificial intelligence is playing an important role in the fight against payment card fraud, says Gord Jamieson, senior director of Canada risk services at Visa. He'll offer a keynote presentation on the latest fraud trends at Information Security Media Group's Cybersecurity Summit in Toronto Sept 24-25.
The U.S. Commodity Futures Trading Commission has hit Philips Capital Inc., a Chicago-based brokerage firm, with a $500,000 penalty for security missteps before and after a 2018 data breach, which resulted in the theft of $1 million from client accounts.
As cybercriminals adopt new methods to steal and manipulate victims' identities, the U.S. financial services industry needs to rethink how to protect customers' information using emerging technologies, such as artificial intelligence, security experts testified at a recent U.S. House committee hearing.
As part of the U.S. government's continuing efforts to highlight the North Korean government's cyberattacks, the U.S. Treasury Department has sanctioned three alleged North Korean hacking groups that have been blamed for the WannaCry ransomware, online bank heists and destructive malware attacks.
One of the three Ukrainian men charged with leading the notorious FIN7 hacking group, which prosecutors say stole 15 million payment cards, has pleaded guilty to two federal charges.
Because banks, fintech firms, merchants and payments processors in the EU have struggled to meet the Sept. 14 deadline for compliance with the new PSD2 "strong customer authentication" requirements for electronic payments, it may take a while for European consumers to notice authentication changes.
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