Organizations are increasingly centralizing their fraud programs. Why? To reap the benefits of having a unified fraud management team and a single strategy to detect and prevent fraud, says Genevieve Gimbert, a principal in PwC's financial crimes unit, in this video interview.
Cybercriminals wielding Locky crypto-locking ransomware are ramping up their assaults, especially in the healthcare sector, according to FireEye. Attackers are distributing less banking malware and more ransomware, researchers say.
The Equation Group leak revealed a zero-day flaw in Cisco's firewall software - a patch is being prepped - as well as a vulnerability in Fortinet's software that's since been patched. Has the U.S. government long known about the flaws?
Is the recent breach at HEI Hotels & Resorts linked to the hack of POS systems provider MICROS? And have other POS vendors been breached as well? Security experts offer their analysis and size up vendor vulnerabilities.
Australia's census debacle has prompted questions over whether main contractor IBM made errors, and if the Australian Bureau of Statistics underestimated the resources it needed to successfully power a busy, online service.
To facilitate faster decision-making, better cost control and increased transparency, many organizations now task a single executive to oversee all security, privacy and risk functions, says ADP's Roland Cloutier.
The Australian Bureau of Statistics took its online census submission form offline after several distributed denial-of-service attacks, a move that is likely to only fuel worries over privacy and data safety.
A very advanced and targeted cyber-espionage campaign has been active for five years, and employs stealthy malware that can penetrate air-gapped networks and exfiltrate data using multiple techniques, security researchers warn.
Flaws in Qualcomm chipset software used by an estimated 900 million Android smartphones and tablets could be exploited to seize control of devices and steal any data they store, warns cybersecurity firm Check Point.
An unexpected outrage over a mundane project - the national census - is causing a fierce debate over privacy rights. One observer says: "This, without doubt, is the most significant invasion of privacy ever perpetrated on Australians by the ABS."
In the wake of the recent hack of the Bitfinex bitcoin exchange, the stability and security of cryptocurrency is again being questioned. In this video interview, cryptocurrency expert Robert Schwentker contends the attack, and others like it, could lead to regulation of cryptocurrencies.
The reported theft of $69 million worth of bitcoins from a Hong Kong-based exchange highlights the continuing challenges around keeping large quantities of digital currency out of the reach of hackers.