The formation of a new U.K. taskforce that aims to curb financial fraud is getting mixed reviews from industry experts. Is this just a government PR move, or can the taskforce truly be effective? And could such a group have an impact in the U.S.?
Warning: Too many voice over IP devices being used in enterprise environments have well-known default passwords or no security at all, thus leaving organizations at risk from covert surveillance and toll-fraud scammers, experts say.
The U.S. and U.K. government push to "backdoor" strong crypto - used to secure everything from online banking and e-commerce to patient health records and consumer communications - wouldn't stop most criminals or terrorists, researchers warn.
Federal regulators have issued new guidance to clarify scenarios where HIPAA privacy and security regulation might apply, including for mobile health applications and electronic data exchange. Why are some organizations still so confused?
U.K. police have arrested a teenager on suspicion of having perpetrated a series of high-profile hacks and pranks against senior U.S. officials, including the director of the CIA, plus the recent release of nearly 30,000 DHS and FBI employees' contact details.
How will federal banking regulators respond to growing criticism of the FFIEC's Cybersecurity Assessment Tool? A new FDIC publication leads some experts to believe no new guidance is forthcoming. Here's why.
Over a three-month period in 2015, a single cybercrime gang managed to earn at least $330,000 in bitcoins thanks to an estimated 670 victims paying attackers to decrypt ransomware-infected systems. Should police be doing more to stop these attacks?
President Obama is creating a federal CISO post as part of a multifaceted initiative aimed at strengthening the nation's IT security. His plan includes forming a public-private Commission on Enhancing National Cybersecurity and boosting government cybersecurity spending by 35 percent.
The U.S. government is probing an apparent cybersecurity lapse that allowed a hacker to obtain and release contact information for more than 20,000 FBI employees and 9,000 other Department of Homeland Security employees.
The banking malware known as Carbanak continues to evolve, and cybercriminals are now using it to wage APT-style attacks against banks as well as companies in other sectors, according to security researchers at Kaspersky Lab.
Have Russian authorities collared the cybercrime gang responsible for the notorious Dyre malware? Related attacks ceased after authorities raided a Moscow-based production company developing a movie called "Botnet," Reuters reports.
Who is responsible for fraud losses resulting from business email compromise? Texas-based AFGlobal Corp. is suing its insurance firm to settle this question. Experts weigh in on the lawsuit and why cyber insurance rarely covers losses from these scams.
The rise in RFID-based contactless payment cards has led to increased concerns that fraudsters could wirelessly crack cards' secret cryptographic keys. But a team of MIT researchers has debuted defenses against such hack attacks.
The trend across industries is that automation results in a drastic reduction of operational job roles, even as it brings in economies of efficiency. What then does automation in security mean for the profession?
A new breach of customer accounts at luxury retailer Neiman Marcus is, once again, putting the spotlight on the vulnerabilities created by relying only on usernames and passwords for online authentication, and the risks posed by storing customer information.