Officials in several nations are probing the security of the SWIFT interbank messaging system in the wake of recent hacker attacks. Can the bank-owned cooperative better police members, secure access to its network as well as spot emerging hack attacks and fraud?
Banks and regulators have begun reviewing SWIFT-related information security practices and requirements following the online heist of $81 million from Bangladesh Bank. Authorities say much of that money is still missing.
In a shocking twist, the developers behind the TelsaCrypt ransomware have apologized for their ransom campaign and released a master decryption key, which all victims can now use to unlock the malware.
In today's rapidly changing cyber threat environment, the federal government needs to take a lead role in making sure mobile device security is adequate, says security researcher Stephen Cobb, who analyzes ongoing investigations by the FTC and FCC in this audio interview.
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
Tavis Ormandy of Google's Project Zero found he could hack Symantec's security products with a single email. The flaw has been fixed, but the finding is a reminder that flaws in anti-virus software can leave users at serious risk from hackers.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
Apple has removed from its App Store a $0.99 security tool developed by well-known researcher Stefan Esser that he says could quickly detect if an iPhone may have been hacked. What is the back-story behind this move?
Vietnam's TPBank says it successfully foiled more than $1 million in fraudulent transfer requests apparently initiated by the same hackers who targeted Bangladesh Bank and other SWIFT-using institutions with PDF reader malware.
Law enforcement agencies have scored some notable botnet-busting successes, disrupting malicious infrastructure and arresting botnet-using gangs. But cybercriminals are adapting, one top EU cybercrime investigator warns.
Mozilla wants the U.S. government to provide it with information about a possible unpatched vulnerability in its Firefox browser, which was used by the FBI as part of a large child pornography investigation.
The theft of $81 million from Bangladesh Bank was "part of a wider and highly adaptive campaign targeting banks," SWIFT warns its 11,000 customers. Investigators say signs point to the same attackers having hacked Sony Pictures Entertainment in 2014.
There are two elements of a ransomware attack - the infection and then the action that takes place on infected devices. And both elements are evolving, says Ben Johnson of Carbon Black. He shares insight on how to improve ransomware defenses.
Amidst finger-pointing over responsibility for the $81 million online theft from Bangladesh Bank, SWIFT has issued its first-ever information security guidance to banks, telling them that they're responsible for securing their own systems.
New rules set by the widely used malware database service VirusTotal will exclude security vendors for not sharing data. This move highlights ongoing tension in the multi-billion dollar anti-malware industry.
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