Asokan is senior correspondent for Information Security Media Group's global news desk. She has previously worked with IDG and other publications where she reported on developments in technology, minority-rights and education.
Many financial institutions have deployed fraud fusion centers as a way to help mitigate risks. But as fraudsters revamp their techniques, banks need to revamp these centers to keep up, says Jeff Dant of BMO Financial Group, who will speak at ISMG's Virtual Cybersecurity and Fraud Summit: Toronto.
Two Iranian nationals have been charged with participating in a years-long hacking campaign that targeted vulnerable networks in the U.S., Europe and the Middle East to steal "hundreds of terabytes" of data, according to the U.S. Department of Justice.
TeamTNT, a recently uncovered hacking group, is weaponizing Weave Scope, a legitimate cloud monitoring tool, to help install cryptominers in cloud environments, according to reports from Intezer and Microsoft.
A recently uncovered malicious email campaign is delivering to businesses multiple types of malware, including a Trojan designed to steal banking credentials and other financial information, according to a research report from Cisco Talos.
"Charming Kitten," a hacking group with ties to Iran, is now using LinkedIn and WhatsApp messages to contact potential victims and persuade them to visit a phishing page, according to ClearSky. The threat actors initially posed as journalists looking to contact sources.
A hack-for-hire campaign targeting an "international architectural and video production company" serving high-end real estate ventures likely involved corporate espionage driven by a developer eager for insider data, according to an analysis from security firm Bitdefender.
The U.S. Department of Justice has charged former Uber CSO Joseph Sullivan with obstruction of justice for allegedly covering up the 2016 hack of the ride-sharing service, which compromised sensitive data for 57 million Uber passengers and drivers.
President Donald Trump has signed a new executive order that requires TikTok owner ByteDance to divest its U.S. operations within 90 days. In the new order, Trump cites national security concerns in demanding the Chinese company sell its American assets.
An alert from U.S. National Security Agency and the FBI warns of a recently discovered Russian-deployed malware variant called Drovorub that's designed to target Linux systems, creating a backdoor into targeted networks to exfiltrate data.
The operators behind the AgentTesla remote access Trojan have upgraded the infostealer with additional capabilities, including the ability to steal credentials from VPNs, web browsers, FTP files and email clients, Sentinel Labs reports. The low-cost malware is used in BEC scams and other campaigns.
High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
The European Union has imposed its first sanctions against individuals and entities from Russia, China and North Korea for their alleged roles in hacking activities and cyberattacks that targeted EU citizens and organizations.
A member of the infamous Infraud Organization who was the creator of a malware strain called FastPOS has pleaded guilty to a federal conspiracy charge. Valerian Chiochiu assisted other cybercriminals through the Infraud site before authorities shuttered it in 2018, prosecutors say.