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.
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.
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.
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.
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.
A security firm claims to have obtained from a young Russian hacker a data set that includes 272 million unique credentials for Hotmail, Gmail and Yahoo email addresses, among others. But there's no reason to panic, security experts say.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Think it's tough now for the government to compel Apple to retrieve encrypted data from a locked iPhone? According to news reports, Apple is busy creating new devices and services that will be even harder to hack.
The war of words continues to heat up between the Justice Department and Apple over the FBI's request that the technology provider help it unlock an iPhone seized during the San Bernardino shootings investigation.
Apple is preparing for a long legal battle over the FBI's attempt to backdoor the encryption on an iPhone seized as part of an investigation. Experts say the case could have profound repercussions on technology and society.
Jeff Shaffer, a former Secret Service agent, has investigated cybercrime for more than 25 years. Now a manager at PricewaterhouseCoopers, he discusses how organizations can protect their assets better by understanding their attackers' MO.
Apple CEO Tim Cook has blasted a U.S. federal judge's Feb. 16 order compelling Apple to help bypass the encryption on an iPhone seized by the FBI, saying the crypto backdoor would set a "dangerous" precedent.
The Ukrainian energy sector is being targeted by fresh phishing attacks, the country's computer emergency response team warns. But it's not clear who's behind those campaigns, or a recent malware infection at Kiev's main airport.
A lawsuit filed against security firm Trustwave is raising questions about "PCI Professional Forensic Investigators" and how they are monitored by the PCI Security Standards Council. But experts say the onus is on companies, not the council, to ensure their security practices are adequate.