Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
The latest edition of the ISMG Security Report analyzes why clothing retailer H&M was hit with a hefty fine for violating the EU's General Data Protection Rule. Also featured: The coming of age of digital identities; deputy CSO at Mastercard on top priorities for 2021.
The U.S. National Institute of Standards and Technology this week released a long-awaited guidance update, Special Publication 800-53 Revision 5, describing "next-generation security and privacy controls" and how to use them.
In an in-depth interview, Denyette DePierro of the American Bankers Association provides an overview of emerging regulatory issues, cloud security challenges and the use of social media apps for payments.
TikTok and WeChat both received reprieves over the weekend that helped avert U.S. blocks of their social media apps. President Donald Trump says he has given his "blessing" to a deal that would see Oracle and Walmart take a stake in TikTok's U.S. operations. Separately, a federal judge suspended a WeChat ban.
Dunkin' Brands' settlement with the New York state attorney general of a lawsuit tied to a 5-year-old data breach affecting its Perks rewards cardholders could open the door to suits by other states - as well as customers.
Federal prosecutors have unsealed indictments charging five Chinese suspects - alleged members of the China-linked APT41 hacking group - with breaching more than 100 companies, government agencies and other organizations around the world.
Potentially capping a fraught political showdown, China's TikTok, which is owned by Beijing-based ByteDance, has chosen Oracle to be its U.S. "technology partner," rejecting a bid by Microsoft. But Chinese state media suggests reports of a deal might be premature.
A bipartisan bill looks to take some initial steps toward creating nationwide digital identity standards that can address a range of security issues, including theft and fraud stemming from data breaches. The legislation is backed by the Better Identity Coalition.
A flaw in how contactless cards from Visa - and potentially other issuers - have implemented the EMV protocol can be abused to bypass PIN verification for high-value transactions, ETH Zurich researchers warn. But Visa says the exploits would be "impractical for fraudsters to employ" in real-world attacks.
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
Banks continue to face many challenges in complying with regulations while tackling the issue of money laundering, says K.V. Karthik of Deloitte India, who describes the findings of a new report on trends in South Asia.
FINRA, a private organization that helps self-regulate brokerage firms and exchange markets, is warning that fraudsters have recently started creating spoofed websites and domains using members' real names and images in an attempt to steal personal information and credentials.
The latest edition of the ISMG Security Report analyzes why ransomware gangs continue to see bigger payoffs from their ransom-paying victims. Also featured: Lessons learned from Twitter hacking response; security flaw in Amazon's Alexa.
Twitter's communication with the public in the wake of a recent hacking incident provides lessons to others on the value of an incident response plan, says attorney Sadia Mirza.
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