The latest edition of the ISMG Security Report features an analysis of a new Government Accountability Office report on the causes of last year's massive Equifax breach. Also: An update on the role of tokenization in protecting payments.
A Romanian court has ruled that the notorious hacker "Guccifer," who discovered the existence of Hillary's Clinton's private email server, will be extradited to the U.S. to serve a 52-month prison sentence after he finishes serving a seven-year sentence in his home country.
Russian national Peter Levashov, who was arrested in Spain last year and extradited to the U.S., has admitted to a two-decade crime spree that included running multiple botnets that harvested online credentials while also pumping out spam, banking Trojans and ransomware.
The British Airways breach, in which up to 380,000 website and mobile users' payment card details were stolen, traces to card-scraping code injected into a script on the airline's website by the cybercrime group called Magecart, says security firm RiskIQ.
Russian national Andrei Tyurin, who's been accused of hacking into JPMorgan Chase's network in 2014 and stealing personal information on more than 83 million customers, has been extradited to the U.S. He was allegedly part of a group that hacked into brokerages, news firms, a risk intelligence company and others.
British Airways has been threatened with a class-action lawsuit in U.K. court after warning that a hacker stole payment card data associated with 380,000 transactions. A law firm says that under GDPR, the airline should compensate victims for "inconvenience, distress and misuse of their private information."
U.S. prosecutors have accused a 34-year-old North Korean man of involvement in some of the most destructive and profitable cyberattacks ever seen, including the WannaCry ransomware outbreak, the Sony Pictures Entertainment breach and the theft of $81 million from Bangladesh Bank.
To transparently identify legitimate users in digital channels, organizations need strong digital identity risk assessment capabilities that examine each user's digital patterns and can more accurately detect potential bad actors, says IBM's Matt Konwiser.
Organizations should be on guard for attacks involving an apparent variant of Hermes ransomware - dubbed Ryuk - that attempts to encrypt network resources. It has already victimized several global organizations in the U.S. and elsewhere, according to a federal alert, which offers mitigation advice.
The latest edition of the ISMG Security Report features Barbara Simons, co-author of the book "Broken Ballots," discussing why she believes it's a "national disgrace" that some states are relying on computer voting with no provision for recounts. Also: Update on breach lawsuit against Premera Blue Cross.
Canada, which has a head start on the adoption of digital payments, has learned some valuable security lessons that could be beneficial to the U.S., says Gord Jamieson of Visa. He'll be a featured speaker at ISMG's Fraud & Breach Prevention Summit: Toronto, to be held Sept. 11-12.
Officials from Facebook and Twitter appeared before a Senate committee Wednesday to defend their efforts to combat influence operations. Meanwhile, the Trump administration launched a broadside against social media, with President Trump accusing them of meddling in the 2018 midterm elections.
A recent incident involving a chronic care management company spotlights how paying a ransom to recover decryption keys from ransomware attackers can put sensitive data at additional risk. Security experts offer insights on how to prepare for the many challenges posed by attacks.
A cybercrime gang called "Silence," which appears to have just two members, has been tied to attacks that have so far stolen at least $800,000, in part via ATM jackpotting or "cash out" attacks, warns cybercrime investigation firm Group-IB.
While tech-support scams have proliferated for years, the FBI says losses tied to such fraud are now higher than ever. Google has pledged to crack down on fake tech-support listings. But fraudsters regularly employ a variety of channels, including cold calls, pop-up windows and phishing emails.