Advice on Using the SASE Model

Geetha Nandikotkur • September 28, 2020

The Security Access Service Edge - or SASE - model can help CISOs make incremental progress on enhancing security while designing a long-term strategy, says Siddharth Deshpande, director of security strategy for Asia-Pacific and Japan at Akamai Technologies.

Cybercrime

Exclusive: Hackers Hit Virgin Mobile in Saudi Arabia

Latest

Cyberwarfare / Nation-State Attacks

Federal Judge Temporarily Blocks Trump's TikTok Ban

Prajeet Nair • September 28, 2020

A federal judge Sunday granted TikTok's request for a temporary injunction to block the Trump administration's order that would have banned the Chinese social media app from the U.S. The order came hours before the ban was scheduled to go into effect.

Cloud Security

Microsoft Shutters Azure Apps Used by China-Linked Hackers

Akshaya Asokan • September 26, 2020

Microsoft removed 18 apps from its Azure cloud platform that were being used by hackers as part of their command-and-control infrastructure. The threat group, called Gadolinium, was abusing the infrastructure to launch phishing email attacks, Microsoft researchers say.

Forensics

Warning: Attackers Exploiting Windows Server Vulnerability

Akshaya Asokan • September 25, 2020

Microsoft and the Cybersecurity and Infrastructure Security Agency have issued warnings that a critical vulnerability in Windows Server dubbed "Zerologon" is being actively exploited in the wild. They urge users to immediately apply an available partial patch.

Breach Notification

Analysis: Are Darknet Markets Here to Stay?

Anna Delaney • September 25, 2020

The latest edition of the ISMG Security Report features an analysis on why criminals continue to use darknet markets, despite the risks. Also featured: Hackers target Virgin Mobile KSA; coping with COVID-19 stress.

Cybercrime

Why Encrypted Chat Apps Aren't Replacing Darknet Markets

Mathew J. Schwartz • September 25, 2020

With so many cybercrime markets continuing to disappear, why haven't encrypted messaging apps stepped in to fill the gap? They might seem to be the perfect solution to admins stealing buyers' and sellers' cryptocurrency - via an exit scam - or police infiltration. But encrypted apps have their own downsides.

Fraud Management & Cybercrime

How a Phishing Awareness Test Went Very Wrong

Jeremy Kirk • September 25, 2020

Training employees to resist phishing emails is key to preventing compromises. But an exercise run by Tribune Publishing Co. created a searing backlash after its phishing exercise tempted employees with bogus bonuses in a year in which they had already endured financial hardships.

Governance & Risk Management

Lessons to Learn From Shopify Data Breach

Doug Olenick • September 24, 2020

Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.

Cybercrime

Attacks Using Lokibot Information Stealer Surge

Akshaya Asokan • September 23, 2020

The U.S. Cybersecurity and Infrastructure Security Agency is warning of an uptick in attacks using LokiBot, an information stealer capable of sweeping up credentials. Fraudsters are using new methods to spread the malware.

Anti-Phishing, DMARC

Ransomware Danger: Russian-Speaking Gang Targets Russians

Mathew J. Schwartz • September 23, 2020

Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.

COVID-19

Cybercrime Review: Hackers Cash in on COVID-19

Mathew J. Schwartz • September 22, 2020

Reviewing online attack trends for the first half of the year, numerous cybersecurity firms agree: COVID-19 was king. As the pandemic has reshaped how many live and work, so too has it driven attackers to attempt to exploit work-at-home challenges and virus fears.

Anti-Money Laundering (AML)

Leaked FinCEN Reports Reveal Sensitive Security Details

Doug Olenick • September 22, 2020

What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.

Fraud Management & Cybercrime

Why Companies Need a Whistleblower Policy

Suparna Goswami • September 22, 2020

Companies should have policies in place that encourage whistleblowers to call attention to fraud and ensure their jobs remain secure when they make revelations, says attorney Charles Middleton, a whistleblower advocate.