A new strain of ransomware called MegaCortex is beginning to fill part of the void left by GandCrab and other variants that have been discontinued, targeting large corporations with huge ransom demands, according to a new analysis released Monday by Accenture's iDefense.
Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
The U.S. Department of Defense has purchased IT gear known to have significant cybersecurity vulnerabilities, according to a new inspector general audit, which also highlights concerns about the use of equipment manufactured in China.
A federal judge has granted preliminary approval for a $74 million settlement of a consolidated class action lawsuit against health insurer Premera Blue Cross stemming from a 2014 data breach that affected 11 million individuals. More money will go to security enhancements than to victim reimbursement.
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
In what's likely the first of many investigations, the New York attorney general's office announced late Tuesday that it's launching a Capital One probe following the disclosure that over 100 million U.S. residents had their personal data exposed in a breach. Meanwhile, class action lawsuits are looming.
The cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long and if the bank was adequately monitoring administrator accounts.
JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
The Los Angeles Police Department is investigating a possible data breach that appears to have exposed the personal information of about 2,500 full-time officers, as well as records related to 17,500 potential police candidates, according to local news media reports.
A Seattle-area woman has been charged with accessing tens of millions of Capital One credit card applications after allegedly taking advantage of a misconfigured firewall. The incident is likely to increase calls for better corporate caretaking of sensitive consumer data.
National Australia Bank says it is contacting 13,000 customers after personal account data was uploaded without authorization to two data service providers. The bank, which apologized, says the data has been deleted and was not disclosed further.