Fraudsters compromised debit card numbers and associated PINs, and possibly names and addresses, of an undisclosed number of Bank of the West customers. Unknown thieves installed skimmers in a "small number of ATMs," the bank's COO, Karl Werwath, tells ISMG.
Insurance claims being filed by ransomware victims are growing as criminals continue to hit businesses with crypto-locking malware. To avoid these claims, organizations can take a number of proven steps to better protect themselves, says Payal Chakravarty of Coalition.
If you were a nation with legions of hackers at your disposal, seeking to sidestep crippling international sanctions, would you look to ransomware to fund your regime? That question is posed by new research that finds state-sponsored North Korean hackers haven't stopped their ransomware experiments.
CyberEdBoard executive member Archie Jackson says security needs to be embedded by design at the inception of a project. He discusses how SASE is networking plus security plus identity and outlines how Network as a Service and Network Security as a Service combine to create SASE.
Security orchestration, or SOAR - Security Orchestration, Automation and Response, as it is known to some - is still an area in development, so there are misconceptions about its scope of use and effectiveness for a SOC team. Claudio Benavente discusses the top five security orchestration myths.
Attackers continue to employ commercial penetration testing tools as well as "living off the land" tactics - using legitimate tools or functionality already present in a network - to exploit victims. Accordingly, organizations must monitor for both, to better identify potential intrusions.
Deepayan Chanda discusses the four principles of cybersecurity - reliability, accuracy, architecture and resiliency - that he believes cover most of the aspects of how CISOs can maintain the level of cybersecurity that their organzations need to sustain attacks.
A dual U.S.-Canadian national has been sentenced to more than 11 years in federal prison for conspiring to launder tens of millions of dollars in wire and bank fraud schemes, according to the U.S. DOJ. Officials say the activity included cash-out scams for North Korean cybercriminals.
Mastercard says that starting in 2024, banks and other institutions that issue its credit and debit cards will no longer need to include a magnetic stripe on the back, and that by 2033, m
agnetic stripes will be extinct. Given magnetic stripes' many security downsides, what's taken so long?
The new BlackMatter ransomware operation claimed to have incorporated "the best features of DarkSide, REvil and LockBit." Now, a security expert who obtained a BlackMatter decryptor reports that code similarities suggest "that we are dealing with a Darkside rebrand here."