Business email compromise scams are surging, and they're costing U.S. companies a total of more than $300 million a month, according to a recently released analysis by the U.S. Treasury Department. The report pinpoints which sectors are hardest hit by this type of fraud.
An Australian cybersecurity company says it tricked BlackBerry's Cylance Protect anti-virus product into believing that some of the most pernicious types of malware, including WannaCry and the SamSam ransomware, were benign programs.
The latest edition of the ISMG Security Report describes the accidental discovery of a Tesla software vulnerability. Also featured: an analysis of the latest ransomware trends and insights from former federal advisers Richard Clarke and Robert Knake on cyber resilience.
A powerful parliamentary committee has called on Britain's new prime minister - be it Boris Johnson or Jeremy Hunt - to make a decision "as a matter of priority" about the extent to which telecommunications gear built by Huawei should be used in the nation's 5G network.
Researchers have uncovered a new type of phishing campaign that is targeting American Express card users. In these incidents, attackers are sending a hyperlink as part of a phony account update to access the victim's credentials and other account details, according to researchers at the security firm Cofense.
Authorities in the Netherlands recently levied a $516,000 fine under the General Data Protection Regulation against a hospital in the Hague in connection with a data breach involving "dozens" of staffers who snooped on the electronic medical records of a celebrity.
Weeks after Microsoft issued a patch for the BlueKeep vulnerability, which threatens devices running older versions of Windows, many organizations worldwide have yet to install patches despite alerts from the software giant, government agencies and cybersecurity companies, according to researchers at BitSight.
Bulgaria's national cybercrime unit has arrested a 20-year-old local man for his alleged role in breaching the country's tax servers and exposing the financial details and other personal data of nearly 5 million citizens, according to news media reports.
A 20-year-old Dutch man suspected of creating the Rubella Macro Builder toolkit and distributing it on underground forums has been arrested by the Dutch National Police, which received assistance from McAfee. Rubella and other toolkits enable attackers to distribute malware through weaponized Office documents.
With the GandCrab ransomware-as-service gang promising to retire - and free decryptors now aiding victims - rival Sodinokibi has already stepped into the void, security experts warn. Driven also by attackers wielding Ryuk, Dharma and Phobos, ransom payments by victims have been surging.
From malware and phishing to cryptojacking and man-in-the-middle attacks, mobile threats are rampant, and organizations need to stay a step ahead. Traditional threat management has been reactive. But IBM and Wandera have joined forces to stop threats dead in their tracks before they get close to your environment.
Deception technology is becoming more sophisticated, enabling organizations to battle against emerging threats, says Alissa Knight, senior analyst at Aite Group, a research and advisory company.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
A vulnerability in global airline check-in software used by 500 airlines could have been exploited to download other individuals' valid boarding passes, potentially giving them access to restricted airport spaces, warns security expert David Stubley. The flaw in Amadeus travel software has now been fixed.
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