Advertisement for Richlogs posted to an online forum (Source: Raidforums.com)

For Sale on Cybercrime Markets: Real 'Digital Fingerprints'

Mathew J. Schwartz • August 22, 2019

Cybercrime marketplaces Genesis and Richlogs are helping fraudsters to better impersonate legitimate users of banks, eBay, Amazon, Netflix and more by providing them with victims' legitimate "digital fingerprints" and replay tools designed to fool anti-fraud defenses.

Business Continuity Management / Disaster Recovery

Biometric Security Vendor Exposes Fingerprints, Face Data

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ATM Fraud

'Silence' Gang Ramps Up Bank Assaults

Jeffrey Burt • August 22, 2019

"Silence," a Russian-speaking criminal group that has stolen $4.2 million from ATMs and financial institutions since 2016, has become more active this year, using new tools and tactics in its attacks and expanding its reach globally, according to the security firm Group-IB.

3rd Party Risk Management

Cloud Security: Mess It Up and It's on You

Jeremy Kirk • August 22, 2019

The transition to cloud-based software and infrastructure has revolutionized development and services. It's also created a bevy of new security challenges. Jay Heiser of Gartner says if organizations don't get cloud security right, it's their own fault. Here's why.

Account Takeover

Fake VPN Website Delivers Banking Trojan

Akshaya Asokan • August 21, 2019

Researchers at the security firm Doctor Web have uncovered a fake website for a VPN provider that's designed to spread a Trojan that can steal credentials to bank accounts.

Business Continuity Management / Disaster Recovery

Texas Says 22 Local Government Agencies Hit by Ransomware

Mathew J. Schwartz • August 21, 2019

Ransomware-wielding attackers continue to target not just big businesses and large government agencies, but increasingly their smaller counterparts too. In Texas, officials say a campaign tied to a "single threat actor" infected 22 local government agencies on Friday.

Governance

Is Apple's Top $1 Million Bug Bounty Too Much?

Jeremy Kirk • August 21, 2019

Progressive companies seeking to improve their security are increasingly adopting bug bounty programs. The theory is that rewarding outside researchers improves security outcomes. But in practice, bug bounty programs can be messy and actually create perverse incentives, says bug-hunting expert Katie Moussouris.

Cybercrime

Threat Intel for a Global Economy

Tom Field • August 20, 2019

The World Economic Forum recently identified "cyberattacks and data integrity concerns crippling large parts of the internet" as one of the top 10 global risks. Jaime Chanaga of NTT talks about the significance of that announcement and the concerns global security leaders face headed into 2020.

Endpoint Security

Medical Device Security: The Doctor's View

Tom Field • August 20, 2019

For years now, pediatrician Dale Nordenberg has been battling within the U.S. to ensure that medical device security is given proper attention and regulation. But it's a global concern, and his cause recently received a warm reception in Brazil.

Breach Notification

Texas Pummeled by Coordinated Ransomware Attack

Mathew J. Schwartz • August 19, 2019

State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.

Identity & Access Management

Case Study: Improving ID and Access Management

Marianne Kolbasuk McGee • August 19, 2019

What are some of the moves that organizations can make to improve their identity and access management? Veda Sankepally, an IT security manager at managed care company Molina Healthcare, describes critical steps in this case study interview.

Business Email Compromise (BEC)

Phishing Scheme Uses Google Drive to Avoid Security: Report

Akshaya Asokan • August 16, 2019

A newly identified phishing campaign used Google Drive to help bypass some email security features as attackers attempted to target a company in the energy industry, security firm Cofense reported this week.

Account Takeover

The Renaissance of Deception Technology

Nick Holland • August 16, 2019

This edition of the ISMG Security Report discusses the latest improvements in deception technology and how best to apply it. Also featured: a report on the growth of mobile fraud, plus insights on Merck's experience recovering from a NotPetya attack.

Active Defense & Deception

Making the Most of an Investment in Deception Technology

Jeremy Kirk • August 15, 2019

Deception technology is attractive in that it offers - in theory - low false positives and critical clues to attackers' methodologies. But the benefits depend on its ability to fool attackers and whether organizations can spare the time to fine-tune it.