Businesses need to find more ways of incentivizing good researchers to find flaws in technology before bad actors discover them, says Rafael Narezzi, CIO of financial services firm TS Lombard. For every bug hunter with good intentions, how many more are developing weaponized exploits for sale on darknet markets?
Since last year, North Korean hackers have been targeting businesses in the financial services, aerospace and telecommunications sectors by exploiting a remote administration tool, or RAT, according to an alert issued Tuesday by the United States Computer Emergency Response Team.
In the year ahead, cyber threats to the healthcare sector will continue to evolve from attacks primarily involving the theft of health data to assaults aimed at disrupting organizations' operations, predicts Sean Murphy, CISO of health insurer Premera Blue Cross.
With the aim of protecting data privacy, the government of Singapore is considering taking steps to greatly reduce the use of the National Registration Identity Card numbers for verifying consumers' identities.
A top DHS cybersecurity official says she has seen no conclusive evidence that Russian-owned Kaspersky Lab's security software had been exploited to breach federal information systems. Jeanette Manfra told a House panel most agencies have complied with a directive to stop using Kaspersky software.
The PCI Security Standards Council is creating a payments software framework, including two new standards that can evolve as the software rapidly changes, Troy Leach, the council's CTO, explains in this in-depth interview.
All U.S. publicly traded companies should review how they internally disseminate breach information and expect to see revised cybersecurity guidance, says William Hinman, the director of corporation finance for the U.S. Securities and Exchange Commission.
A report on the head of Equifax contending that his company - not individual consumers - owns the personally identifiable information the credit reporting agency markets to lenders leads the latest version of the ISMG Security Report. Also, a preview of the ISMG Healthcare Security Summit.
The financial sector is under increasing threat from cybercrime syndicates, and the distributed nature of today's predominantly Russian-speaking attackers is making them tough to disrupt, says Rob Wainwright, director of Europol.
Security practitioners must do a much better job of prioritizing their investments based on the most significant risks their organizations face, says Zulfikar Ramzan, chief technology officer at RSA, who offers insights on "fighting the right battle."
The former CEO of Yahoo, which has had 3 billion records exposed in a 2013 data breach, testified at a Senate hearing that it's tough for any corporation to defend against nation-state backed cyberattacks. That led senators to grill Marissa Mayer about the security steps Yahoo had taken.
Former Yahoo CEO Marissa Mayer may have envisioned spending her post-Yahoo days seeking new work or experimenting with other search engines. Instead, she gets to sit in a Senate hot seat alongside former Equifax CEO Richard Smith, defending past data breach response decisions.
Want to stop the latest cybercrime bogeyman? For the umpteenth time, put in place well-known and proven strategies for repelling online attacks, such as the Australian Signals Directorate's top 4 mitigation strategies for repelling targeted cyber intrusions.
Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.