The U.S. Consumer Financial Protection Bureau is mulling over whether to reimburse consumers for online scams and fraud, but this regulatory change could lead to an increase in first-party fraud, cautioned Karen Boyer, senior vice president of financial crimes at M&T Bank.
"Stronger Together" is the theme of RSA Conference 2023. In an exclusive preview of the event, Linda Gray Martin and Britta Glade explain why that theme was selected - and what attendees can expect to see from sessions, speakers and sponsors when they attend the annual gathering in San Francisco.
Recent high-profile breaches resulting from API attacks are "just the tip of the iceberg," said Gartner analyst Dionisio Zumerle. "What we have is a new way of exchanging information which is increasingly popular, and almost no organization has the recipe to secure that new way of communicating."
Stung by the FBI's infiltration and takedown of the Hive ransomware group, other ransomware operators have been retooling their approaches to make their attacks more effective and operations tougher to disrupt, says Yelisey Bohuslavskiy, chief research officer at threat intelligence firm Red Sense.
In the latest weekly update, ISMG editors discuss how Russia's invasion of Ukraine upended the cybercrime ecosystem, a lawsuit against a U.S. cardiovascular clinic that seeks a long list of security improvements, and the latest endpoint protection technology trends in the Gartner Magic Quadrant.
EMV chip technology has taken a major bite out of credit card fraud at the point of sale, but card-not-present fraud continues to flourish thanks to an age-old technology - the magnetic stripe, says Mark Solomon, international president, International Association of Financial Crimes Investigators.
Forrester recently published a report that shows over two-thirds of European security decision-makers have begun to develop a zero trust strategy, and public sector organizations are leading the way. Forrester's Tope Olufon shares the cultural and regulatory roadblocks to zero trust.
Russia's invasion of Ukraine in 2022 threw Russia's cybercrime ecosystem into a state of upheaval that still exists to this day. "We identified disruptions to literally every single form of commodified cybercrime," said Alexander Leslie, associate threat intelligence analyst at Recorded Future.
The Federal Trade Commission's recent actions against two companies in separate health data privacy cases are significant developments signaling the FTC's "aggressive push" to enforce violations involving disclosures of consumer health data to third parties, said attorney Kirk Nahra of WilmerHale.
In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' insurance site hack.
The U.K. government recently embarked on a plan to create its own version of the EU's General Data Protection Regulation, but attorney Jonathan Armstrong says he is "pretty skeptical" that this second attempt at privacy reform will successfully make it through the country's Parliament.
In the latest "Proof of Concept" panel discussion, two Capitol Hill observers at Venable, Grant Schneider and Jeremy Grant, join Information Security Media Group editors to break down the Biden administration's new U.S. national cybersecurity strategy and answer the question, "Is it really viable?"
In the latest weekly update, ISMG editors discuss important cybersecurity and privacy issues, including how the new U.S. cybersecurity strategy doubles down on hitting ransomware, how the strategy shifts liability issues to vendors, and why check fraud is on the rise and what can be done about it.
Technologists were quick to point out that popular AI-based chatbot, ChatGPT, could lower the bar for attackers in phishing campaigns and even write malware code, but Cato Networks' Etay Maor advises taking these predictions "with a grain of salt" and explores the pros and cons of ChatGPT.
In the latest weekly update, four ISMG editors share highlights of ISMG's upcoming Engage Toronto event and discuss how the U.S. Supreme Court may undercut the identity theft statute and how - despite tough economic times - vendor Wiz boosted its valuation by $4 billion in 16 months.
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