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?
In the event of a "Brexit" - British exit - from the European Union following this week's referendum, the U.K. would likely still have to comply with EU data protection laws, but also face cybercrime-related policing and prosecution challenges.
A report that the Russian government hacked into Democratic National Committee systems has security experts warning that just because malware was found on a hacked network, that doesn't mean a specific individual, group or nation-state was involved.
Days after booting hackers from its network, the Democratic National Committee allowed incident-response firm Crowdstrike to publicly detail its findings. That's a rare - albeit welcome - move for other potential targets.
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
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.
Amidst finger-pointing over responsibility for the $81 million online theft from Bangladesh Bank, SWIFT has issued its first-ever information security guidance to banks, telling them that they're responsible for securing their own systems.
A security firm claims to have obtained from a young Russian hacker a data set that includes 272 million unique credentials for Hotmail, Gmail and Yahoo email addresses, among others. But there's no reason to panic, security experts say.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Think it's tough now for the government to compel Apple to retrieve encrypted data from a locked iPhone? According to news reports, Apple is busy creating new devices and services that will be even harder to hack.
The war of words continues to heat up between the Justice Department and Apple over the FBI's request that the technology provider help it unlock an iPhone seized during the San Bernardino shootings investigation.
Apple is preparing for a long legal battle over the FBI's attempt to backdoor the encryption on an iPhone seized as part of an investigation. Experts say the case could have profound repercussions on technology and society.