The pandemic has accelerated the shift to e-commerce and raised new concerns about the use of paper money. Jim Cunha of the Federal Reserve Bank of Boston describes a collaborative research project with the Massachusetts Institute of Technology to determine the feasibility of a digital alternative.
The May ransomware attack on cloud-based fundraising database management vendor Blackbaud continues to rack up victims in the healthcare sector. Here's the latest tally.
When startups succeed, they typically hire more employees to handle increasingly specialized tasks. The same goes for ransomware gangs, which, as they grow, have been hiring experts with advanced hacking, encryption, negotiation and other skills to help take down larger targets, says Coveware's Bill Siegel.
Visa's payment fraud disruption team is warning of a recently uncovered digital skimmer called "Baka" that is stealing payment care data from e-commerce sites while hiding from security tools.
Cybercriminals still prefer to use "money mules" and drug trafficking to launder money tied to their bank hacking activities rather than cryptocurrency transactions, according to a report from SWIFT, which handles intra-bank financial transactions.
A recently uncovered phishing campaign designed to harvest credentials used companies' official webpages as an overlay to hide malicious domains, according to security firm Cofense.
The start of classroom and online instruction at Hartford Public Schools in Connecticut was canceled Tuesday as a result of a ransomware attack - the latest in a series of online attacks, including distributed denial-of-service disruptions, that have interrupted some schools' return to teaching this fall.
A federal grand jury has formally indicted a Russian national in connection with a thwarted attempt at stealing corporate data from electric vehicle manufacturer Tesla so it could be used to extort a $4 million ransom.
The U.S. Federal Communications Commission estimates the total cost for smaller and rural telecom carriers to rip and replace Huawei and ZTE gear from their networks to enhance national security will be over $1.8 billion.
A federal judge has dismissed a lawsuit filed last year against Google and the University of Chicago Medicine involving complex privacy and other issues related to the use of patients' de-identified electronic health record data. But the court left the door open to filing an amended complaint.
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.
With apologies to Jay-Z, getting hit with ransomware might make victims feel like they have 99 problems, even if a decryptor ain't one. That's because ransomware-wielding gangs continue to find innovative new ways to extort cryptocurrency from crypto-locking malware victims.
In the three years since Equifax suffered a massive data breach, the consumer credit reporting firm says it has worked tirelessly to overhaul the security shortcomings that allowed the breach to happen. Equifax CISO Jamil Farshchi and other security experts weigh in on important lessons learned.
Ransomware continues to pose a "significant" threat, and email remains one of the top attack vectors being used by both criminals and nation-states, Australia's Cyber Security Center warns in its latest "Cyber Threat Report," which urges organizations to improve their defenses.
Recent hacking incidents, including one targeting Twitter, are raising awareness of the importance of privileged access management, says David Boda, group head of information security for Camelot Group, operator of the U.K. National Lottery. He describes PAM best practices.
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