Incidents of fraud at pharmaceutical giant Novartis that resulted in over $1 billion in fines worldwide might have been avoided if the company's compliance team used data analytics to detect patterns, says Thomas Fox, a compliance evangelist and author.
Christopher Leone, assistant special agent in charge, United States Secret Service, offers advice to organizations on forging relationships with law enforcement as part of their cybersecurity incident preparedness plans.
Hackers with suspected ties to North Korea targeted U.S. aerospace and defense firms with fake job offer emails sent to employees, according to security firm McAfee. The messages contained malware designed to gain a foothold in networks and gather data.
The European Union has imposed its first sanctions against individuals and entities from Russia, China and North Korea for their alleged roles in hacking activities and cyberattacks that targeted EU citizens and organizations.
A member of the infamous Infraud Organization who was the creator of a malware strain called FastPOS has pleaded guilty to a federal conspiracy charge. Valerian Chiochiu assisted other cybercriminals through the Infraud site before authorities shuttered it in 2018, prosecutors say.
A Florida teenager and a second unidentified individual were arrested and a third man was charged in connection with hacking 130 high-profile Twitter accounts to pull off a cryptocurrency scam,
The hackers who hijacked 130 high-profile Twitter accounts as part of a cryptocurrency scam earlier this month used a telephone-based spear-phishing attack to obtain employee credentials, the social media company says.
The FBI is warning that attacks using a ransomware variant called Netwalker have increased since June, targeting government organizations, educational entities, healthcare firms and private companies in the U.S. and elsewhere. Phishing campaigns spreading the malware are using COVID-19 themes as a lure.
A vulnerability that can impede the boot-loading process of an operating system could potentially affect billions of Linux and Windows machines, according to Eclypsium. The flaw, called "BootHole," could enable an attacker to gain near total control of an infected device.
How many different shades of bizarre is the data breach notification issued by software vendor Blackbaud? Over the course of three paragraphs, Blackbaud normalizes hacking, congratulates its amazing cybersecurity team, and says it cares so much for its customers that it paid a ransom to attackers.
The latest edition of the ISMG Security Report analyzes the hacking of Dave, a mobile banking app. Plus: Sizing up the impact of GDPR after two years of enforcement and an assessment of IIoT vulnerabilities.
Numerous unanswered questions persist concerning a ransomware outbreak at Blackbaud, which provides cloud-based marketing, fundraising and customer relationship management software used by thousands of charities, universities, healthcare organizations and others.
The Lazarus Group, the North Korean hacking group behind the WannaCry worm, the theft of $81 million from a Bangladesh bank and the attacks on Sony Pictures, apparently is expanding into ransomware, according to the security firm Kaspersky.
The speed at which IoT is enabling innovation is far outpacing the ability of the security custodians to implement appropriate controls before these devices hit the market. That creates a classic target-rich environment for the bad guys - one that will require vigorous defense and oversight.
As part of their latest COVID-19 economic relief legislation unveiled this week, Senate Republicans are proposing to allocate about $53 million to the U.S. Cybersecurity and Infrastructure Security Agency to help combat hackers targeting virus vaccine research.
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