U.S. Security and Exchange Commission Chair Gary Gensler wants to broaden cybersecurity regulations. Among his concerns are the rising threat of cyberattacks due to the tensions between Russia and Ukraine, and a need to harmonize communications between financial firms and third-party vendors.
In the fight against fraud, there may be no better weapon than sharing knowledge. Unfortunately fraudsters also know this all too well and hence can take advantage of gaps in knowledge to bypass security controls, ultimately taking over an account, or gaining access to a credit line or card account.
Despite Western governments' increased focus on disrupting ransomware, the quantity of new victims doesn't appear to have declined, at least so far. But multiple experts say that nation-state efforts to combat cybercrime syndicates are still picking up speed and may well yet have an impact.
The security world continues its fight against potential widespread exploitation of the critical remote code execution vulnerability - tracked as CVE-2021-44229 - in Apache's Log4j software library, versions 2.0-beta9 to 2.14.1, known as "Log4Shell" and "Logjam." This is a digest of ISMG's updates.
How do you identify a BIN - Bank Identity Number - attack, let alone stop it? Ernie Moran, senior vice president of risk at Brightwell Payments, shares his experience of how he managed a BIN attack on his firm.
Kyle Flaherty has worked with a range of companies, changing the worlds of big data, IoT, BYOD, SaaS, open-source software, network security, fraud detection, data analytics, marketing automation and network management. He weighs in on brands and how metrics feed different audiences.
The U.S. Department of Homeland Security is reportedly warning that the U.S. could witness a retaliatory cyberattack at the hands of Russia if it decides to respond to the latter's potential invasion of Ukraine, where 100,000 or more troops have been amassed for weeks.
Has the notorious REvil, aka Sodinokibi, ransomware operation rebooted as "Ransom Cartel"? Security experts say the new group has technical and other crossovers with REvil. But whether the new group is a spinoff of REvil, bought the tools, or is simply copying how they work, remains unclear.
Although flaws in Apache Log4j software that need remediating remain widespread in organizations, "some of them are aware of the issue, some of them aren't aware of the issue, and likely this issue is going to be persisting with us for many, many years," says Jeff Macko, an offensive security expert at Kroll.
The latest edition of the ISMG Security Report features an analysis of whether the cyberattacks that hit Ukraine's government agencies last week are attributable to any group or nation-state along with updates to the cybersecurity executive order and illicit cryptocurrency trends.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
More information continues to emerge about the destructive malware attack that targeted Ukrainian government systems last week. As a probe continues, numerous questions about the incident remain unanswered. But the three-stage wiper attack, disguised as ransomware, apparently hit few systems.
Attackers have been actively targeting Log4j vulnerabilities, or Log4Shell, vulnerabilities in the servers of virtualization solution VMware Horizon to establish persistent access via web shells, according to an alert by the U.K. National Health Service.
VPN Lab, known for its alleged wide use by ransomware threat actors, has been shut down. Fifteen servers associated with VPNLab.net were seized or disrupted based on multiple international investigations tying the VPN service provider to cybercrime operations, according to Europol.
GAO auditors say in a new report that the federal government's response to both the SolarWinds software supply chain attack and the exploitation of Microsoft Exchange Servers in 2021 sharpened its coordination efforts, but also exposed information-sharing gaps.