A new cyberattack trend report from Europol notes that while online criminals continue to refine their capabilities, old and unsophisticated attacks too often still succeed, thanks to poor digital hygiene and a lack of security by design and user awareness.
A hacker is reportedly selling on the dark web copies of databases stolen from three unidentified U.S. healthcare organizations and one unnamed health insurer containing data on millions of patients. Why are such postings becoming more common, and what can organizations do to avoid becoming the next victim?
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.
In an alert to banks, SWIFT warns that it's seen repeat attempts by hackers to subvert its messaging system, which banks around the world use to move money. It's released a "mandatory" software update to help customers identify signs of attack.
Multiple hospitals from Hollywood to Germany have been hit recently by ransomware attacks. It's a reminder that no organization is immune to outbreaks of malware that's designed to forcibly encrypt all data stored on PCs and servers.
The FBI is pursuing a suspected Russian hacker who reportedly amassed a trove of 1.2 billion stolen online credentials, plus payment card data and Social Security numbers, and who's offered access to hacked Facebook and Twitter accounts.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
An unconfirmed post-breach report for bitcoin exchange Bitstamp shows the organization was targeted by a sustained attack that combined phishing via email and Skype with macro malware to successfully steal almost 19,000 bitcoins, worth $5 million.
Losses linked to retail breaches have fueled class action lawsuits on behalf of consumers. But Javelin's Al Pascual says banks are soon likely to take legal action, too, in breach cases that expose cards and lead to fraud.
Gartner fraud expert Avivah Litan shares ideas about how lessons learned from the Global Payments data breach can help security practitioners mitigate card-fraud risks and prevent future incidents.
From ATM skimming to the Zeus malware, credit and debit cards are under increased attack by fraudsters, and organizations need to step up their efforts to protect their customers - and themselves. What steps can you take to avoid being the next payment card fraud victim?
Join Kimberly Peretti, former senior...
There have been 356 data breaches so far in 2009, according to the Identity Theft Resource Center (ITRC). And 46 of those breaches have involved financial institutions - up from 34 at this same time last year.
In reviewing these 46 incidents (see interactive map w/details of each breach), one finds goods news and...
As TJX, Hannaford and Heartland have taught us, incident response isn't just about reacting to your own institution's security breaches - it's about what happens when your card processors, merchants and vendors are compromised.
Register for this session for insight on:
How to immediately respond to a payment...
TJX, Hannaford, Heartland Payment Systems. We know the names of the most infamous data breaches, but what have they really cost financial institutions? And what types of fraud should institutions look out for in the months ahead?
Perimeter eSecurity recently conducted a study of financial institution data breaches....
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