Corporate security prediction 2020

Kaspersky Security Bulletin 2019. Advanced threat predictions for 2020 Cybersecurity of connected healthcare 2020: Overview and predictions 5G technology predictions 2020 Cyberthreats to financial institutions 2020: Overview and predictions Moving to the cloud The popularity of cloud services is...

Cybersecurity of connected healthcare 2020: Overview and predictions

Kaspersky Security Bulletin 2019. Advanced threat predictions for 2020 5G technology predictions 2020 Corporate security prediction 2020 Cyberthreats to financial institutions 2020: Overview and predictions More than two years after the infamous Wannacry ransomware crippled medical facilities and...

Cyberthreats to financial institutions 2020: Overview and predictions

Kaspersky Security Bulletin 2019. Advanced threat predictions for 2020 Cybersecurity of connected healthcare 2020: Overview and predictions 5G technology predictions 2020 Corporate security prediction 2020 Key events 2019 Large-scale anti-fraud bypass: Genesis digital fingerprints market uncovere...

NYPD Fingerprint Database Taken Offline to Thwart Ransomware

The New York Police Department’s database of fingerprints was knocked offline over the weekend thanks to a ransomware scare, according to reports. The malware was introduced to the network via a contractor who was installing a digital display, according to an article in the New York Post. To do t...

Raccoon Stealer Malware Scurries Past Microsoft Messaging Gateways

Criminals behind malware dubbed Raccoon Stealer have adopted a simple and effective technique to circumvent Microsoft and Symantec anti-spam messaging gateways. The technique has been used in a recent campaign targeting financial institutions via business email compromise BEC attacks. According t...

Vital infrastructure: securing our food and agriculture

I don’t expect to hear any arguments on whether the production of our food is important or not. So why do we hardly ever hear anything about the cybersecurity in the food and agriculture sector? Depending on the country, agriculture makes up about 5 percent of the gross domestic product. That...

Calypso APT Emerges from the Shadows to Target Governments

A newly discovered APT group, dubbed Calypso after a custom malware RAT that it uses, has been targeting state institutions in six different countries since 2016. Government organizations in India 34 percent, Brazil and Kazakhstan 18 percent respectively, Russia and Thailand 12 percent respective...

Takeaways from the $566M BriansClub breach

Reporting on the exposure of some 26 million stolen credit cards leaked from a top underground cybercrime store highlighted some persistent and hard truths. Most notably, that the world's largest financial institutions tend to have a much better idea of which merchants and bank cards have been...

What is NYDFS?

NYDFS Cybersecurity Regulation, 23 NYCRR 500 On March 1, 2017, the New York State Department of Financial Services NYDFS introduced new cybersecurity regulations for financial services companies that address the growing threat posed by cyber-criminality to financial firms. They are intended to...

“BriansClub” Hack Rescues 26M Stolen Cards

"BriansClub," one of the largest underground stores for buying stolen credit card data, has itself been hacked. The data stolen from BriansClub encompasses more than 26 million credit and debit card records taken from hacked online and brick-and-mortar retailers over the past four years, includin...

US Sanctions 3 North Korean Hacking Groups Accused for Global Cyber Attacks

The United States Treasury Department on Friday announced sanctions against three state-sponsored North Korean hacking groups for conducting several destructive cyberattacks on US critical infrastructure. Besides this, the hacking groups have also been accused of stealing possibly hundreds of...

Iran-linked APT33 Shakes Up Cyberespionage Tactics

Following a recent report detailing APT33’s infrastructure and tactics, the Iranian state-sponsored threat actor shook up its cyberespionage efforts by adopting new tools and reassigning key domain infrastructure. The infrastructure overhaul stems from a March 2019 Symantec report exposing the...

ThreatList: Ransomware Trojans Picking Up Steam in 2019

With the number of unique cyberincidents continuing to grow, ransomware-based attacks in particular are on the rise in 2019, researchers said. Ransomware trojan-based infections jutted up from 9 percent in the fourth quarter of 2018 to 24 percent in the first quarter of 2019, said Positive...

Threats target financial institutions, fintech, and cryptocurrencies

With news of a malware attack on accounting firm Wolters Kluwer causing a "quiet panic" in the accounting world this week, our assertion that financial institutions—from banks to brokers—are part of the vital infrastructure of society has been solidified. According to its website, Wolters Kluwer...

Credit Union Sues Fintech Giant Fiserv Over Security Claims

A Pennsylvania credit union is suing financial industry technology giant Fiserv, alleging that "baffling" security vulnerabilities in the company's software are "wreaking havoc" on its customers. The credit union said the investigation that fueled the lawsuit was prompted by a 2018 KrebsOnSecurit...

Gustuff banking botnet targets Australia

Vitor Ventura authored this post. Executive summary Cisco Talos has uncovered a new Android-based campaign targeting Australian financial institutions. As the investigation progressed, Talos came to understand that this campaign was associated with the "ChristinaMorrow" text message spam scam...

Financial Apps are Ripe for Exploit via Reverse Engineering

A white hat hacker reverse engineered 30 mobile financial applications and found sensitive data buried in the underlying code of nearly all apps examined. With this information a hacker could, for example, recover application programming interface API keys and use them to attack the vendor’s...

5 steps financial institutions can take to reduce their cybercrime risk

When it comes to cybersecurity, financial institutions are uniquely challenged as they are often a target for hackers. My customers rightly worry about exposing their business and the broader financial system to a security breach. Some are reticent to adopt new technology that will help them stay...

Explained: Payment Service Directive 2 (PSD2)

Payment Service Directive 2 PSD2 is the implementation of a European guideline designed to further harmonize money transfers inside the EU. The ultimate goal of this directive is to simplify payments across borders so that it's as easy as transferring money within the same country. Since the EU w...

Modern Bank Heists: The Bank Robbery Shifts to Cyberspace

The financial sector has long been the target of some of the world’s greatest guilds of thieves, none perhaps more popular than the Dillinger gangs of the 1930s. In the second annual “Modern Bank Heists” report, Carbon Black collaborated with Optiv to survey CISOs at some of the world’s largest...