Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self. Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about the potential for fraud, ransomware attacks or similar types of criminal activity related to COVID-19 vaccine research and distribution organizations.
What's needed to make a shift from traditional IAM to CIAM? To start, an organization needs to look at fraud detection solutions and risk-based authentication technologies such as device intelligence and behavioral biometrics, says David Britton of Experian.
In less than a month, President-elect Joe Biden will be sworn into office and immediately confront a list of cybersecurity problems ranging from a now-leaderless CISA to the SolarWinds breach. Here's how security experts - and former government leaders - see the administration's cyber policies taking shape.
Identity management will be at the forefront of securing remote work in the coming year. Jason Bohrer, new leader of the Secure Technology Alliance and the U.S. Payments Forum, describes key initiatives as he steps into this role.
Software vendor SolarWinds has updated multiple versions of its Orion network-monitoring software to address the Sunburst backdoor that was added to its code and to block Supernova malware that exploited a vulnerability in Orion. But incident response experts have warned that full cleanup may take years.
Finnish police and parliament officials are investigating a security incident that happened earlier this year in which attackers gained access to internal IT networks and appear to have compromised lawmakers' email accounts, according to a statement. Police are calling the intrusion an act of espionage.
A recently uncovered payment card skimmer is targeting several large content management systems that support the online checkout pages of dozens of e-commerce sites, according to researchers with Sansec. The malware works by using a keylogger to harvest payment and personal data.
Kawasaki Heavy Industries is reporting that an unknown threat actor gained access to its internal network through servers located in an overseas office, according to a company statement. The result: Some corporate data may have leaked to a third party.
The SolarWinds breach is a case study in how attackers can subvert a widely used piece of software to turn it to their advantage, says Lou Manousos, CEO of RiskIQ. The attack surface management expert details lessons all organizations must learn in the wake of this "unprecedented" attack.
Britain's National Crime Agency says 21 individuals have been arrested on suspicion of purchasing personally identifiable information from the WLeakInfo website. Authorities say the site provided access to more than 12 billion personal records culled from 10,000 data breaches.
The COVID-19 pandemic has spotlighted an array of evolving patient privacy issues that legislators and regulators will need to address in the year ahead, say government policy experts Mari Savickis and Cassie Leonard of the College of Healthcare Information Management Executives.
Microsoft warned CrowdStrike of a failed attempt by unidentified attackers to access and read the company's emails, according to a blog post published by the security firm. The unsuccessful hacking incident is reportedly tied to the breach of SolarWinds.
Federal, state and local governments are among the many victims of the supply chain attack that backdoored the SolarWinds' Orion network-monitoring software, and victims "may need to rebuild all network assets" being monitored by the software, the U.S. Cybersecurity and Infrastructure Security Agency warns.
He's commanded armed forces, directed the National Security Agency, and now he is president of vendor IronNet Cybersecurity. From this unique perspective, retired General Keith Alexander says the SolarWinds breach is "a call for action."