The COVID-19 crisis has posed an unparalleled challenge for cybersecurity. Like COVID-19, cyberattacks spread fast and far - creating more and more damage. But the pandemic has also had a positive impact on the cybersecurity function, which Tarun Kumar, CISO at Nissan, describes here.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the role of cyber insurers in supporting ransomware victims' incident response, and how to build a successful bug bounty program.
For fraudsters, there has been no respite. The fraud
economy took no pandemic hit. There was no
reduction in schemes among adversaries and they
experienced no job losses. Instead, shifts toward an increased dependency on digital channels have presented a myriad of new opportunities for illicit
financial gain....
A recent study for APAC region mentioned that credential stuffing costs are reaching to $28.5m per organisation. Delve into this case study of a large bank that earns over $20 Billion in annual revenue. The bank had been suffering from automated attacks on its web and mobile login applications for months.
Read...
According to a recent study, 9 out of 10 Singaporean merchants lost revenue due to payment fraud in the past year. Automated attacks are syrocketing against organizations around the globe. As the cost and investment of launching these attacks continues to go down, companies are increasingly experiencing credential...
Cyberespionage breaches take longer to discover than financial breaches. One of the biggest clues to finding them lies in understanding suspicious network traffic. John Grim of the Verizon Threat Research Advisory Center shares insight from a new study of cyberespionage trends.
An Australian software engineer warns that he was able to create a fake digital COVID-19 vaccine certificate via the government's Express Medicare Plus app, and that the agency in charge has so far failed to acknowledge his bug report. He recommends Australia instead copy the EU's QR code system.
No matter how much security technology we purchase, we still face a fundamental security problem: people. This webinar will explore the different levers that social engineers and scam artists pull to make us more likely to do their bidding.
Join Javvad Malik, Security Awareness Advocate for KnowBe4, as he provides...
In the latest weekly update, four editors at Information Security Media Group discuss timely cybersecurity issues, including cryptocurrency exchange hacks and the cyber implications of the U.S. withdrawal from Kabul.
How can XDR help mitigate ransomware risks? Two experts - Assad Arabi, managing director, gulf cluster region, at Trend Micro, and Andrew Philp, sales leader at the company - offer insights.
Researchers at cybersecurity company Trend Micro have uncovered a new cyberespionage campaign in the Indo-Pacific region by Chinese advanced persistent threat group APT41, also known as Earth Baku.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
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