The Chinese government likely was responsible for the hacking of computers at the Federal Deposit Insurance Corp. in 2010, 2011 and 2013, according to a new congressional report. Also, a new audit from the FDIC inspector general criticizes the agency for continued lax information security practices.
How low will ransomware go? New malware - dubbed Ranscam - demands bitcoins to unlock files, but in reality they've already been deleted, researchers warn. As always when it comes to defending against ransomware, preparation pays.
Ransomware is devastating, and current security software doesn't do a great job of stopping it. But researchers say ransomware's behavior - quickly encrypting large volumes of files before users have time to react - could be the key to solving this epidemic.
In the wake of the controversy over Hillary Clinton's use of private email servers, President Obama voices his concerns about the state of federal government IT security in this edition of the ISMG Security Report.
Google has launched a two-year Chrome trial aimed at safeguarding the Internet against quantum computers, which security experts predict will shred all data safeguarded using current crypto techniques.
Omni Hotels & Resorts is warning customers that for six months, hackers infiltrated its networks and used point-of-sale malware to steal payment card data. One security expert says more than 50,000 stolen cards have been sold by a hacker called JokerStash.
The release this week by the PCI Security Standards Council of a new PCI compliance resource for small merchants is being lauded by the banking and payments community. But how effective will the resource be at actually convincing merchants to move forward with PCI compliance?
Interbank messaging service SWIFT will begin collecting and sharing anonymized attack information and offering incident-response services - backed by Fox-IT and BAE Systems - to help hacked banks. But will financial institutions buy in?
A bitter battle flares up in the fiercely competitive endpoint protection products market, and uncovering the real impact over Hillary Clinton's email server. These items highlight this edition of the ISMG Security Report.
Security vendors are issuing warnings about two new types of dangerous Mac malware - Eleanor and Keydnap - which serve as a reminder that it's not just Windows users coming under fire from malicious software developers and tricksters.
More than 200,000 internet-connected systems remain vulnerable to the OpenSSL vulnerability known as Heartbleed, more than two years after the flaw was publicly announced and related patches released, warns security researcher Billy Rios.
While malware may be used for an initial attack, hackers quickly begin using tools to move around networks that often don't raise suspicion. Here's what to look out for to detect a "low and slow" attack.
The Dark Overlord selling stolen healthcare databases for bitcoins leads the ISMG Security Report. Also hear about banks' move toward real-time transaction fraud controls and a bipartisan attempt in Congress to tackle the ongoing crypto and "going dark" debates.
The MySpace and LinkedIn data dumps have been made available by a security researcher on his website, which is perhaps the most easily accessible source for obtaining it. But does it put people at greater risk?
In the wake of recent SWIFT-related interbank payment heists, more banks are monitoring transactions for anomalous behavior in an attempt to catch fraud in real time, says Andrew Davies, a fraud prevention expert at core banking services provider Fiserv.