Equifax has a new problem in Australia, a country that was left unscathed by the credit bureau's devastating data breach. The Australian Competition and Consumer Commission alleges the credit bureau deceived vulnerable consumers by misrepresenting its products and charging for services that should have been free.
Financial institutions are increasingly moving to online and mobile channels to offer better and more cost-efficient experiences to their customers. But how can your bank overcome security concerns? Unfortunately, digital channels have become a high-risk environment due to data breaches, phishing, malware, and social...
While the underlying trends that enabled 2017's ransomware epidemic are continuing to advance, new and evolved threats, trends, and technologies gain speed as well.
Join Joseph Blankenship, Forrester Senior Analyst as we discuss 2018 cybersecurity trends including:
Malware targeting point of sale (POS)...
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
The Securities and Exchange Commission and the Department of Justice have both charged Jun Ying, a former CIO at data broker Equifax, with engaging in illegal insider trading after he determined that his employer had suffered a massive breach.
To the surprise of many, $120 million allocated by Congress since late 2016 to help the State Department combat foreign governments' U.S.-focused propaganda and disinformation campaigns hasn't been spent. Meanwhile, midterm U.S. elections are fast approaching.
Regulators are struggling to keep up with the proliferation of online trading schemes. Here's the story of an Australian woman who lost AU$63,000 on a platform called Millennium-FX. She is trying to recover her money, which ended up in an account controlled by a 30-year-old Russian man who lives in Cyprus.
The increasing number of organizations being hit by crippling mega breaches points to a deficiency in most standard endpoint security solutions. Today's evolving threat landscape requires that organizations not only employ next generation endpoint protection technology, but that they add an element of aggressive...
A zero-day flaw in Adobe Flash, recently patched, has been targeted by a group of attackers that may have ties to North Korea as part of an apparent attempt to hack into Turkish banks, security firm McAfee warns. It notes that there are signs that financial institutions in other countries are also being targeted.
The U.S. Senate is considering a banking reform bill that would ban credit agencies' practice of charging for a credit freeze, one of the crucial steps experts say can help pre-empt identity theft. Lawmakers have been under intense pressure to create laws that better protect consumers following Equifax's data breach.
On average, 49 per cent of users admit to having shared their network password with at least one other user.
So, as employee numbers grow, an organisation's vulnerability to insider threats increase dramatically. This can cause long term damage, taking months or even longer to protect.
This report explores the...
The Cyber Kill Chain model describes how attackers use a common cycle of methods to compromise an organization. IT security leaders can use this research to align security programs to adversaries and improve their ability to predict, prevent, detect and respond to threats.
Download this Gartner Report in which...
Many banking institutions boast of being "digital first" and enabling "omnichannel banking." But are they fully aware of the new fraud risks they also are inviting? Kimberly Sutherland and Kimberly White of LexisNexis Risk Solutions discuss how to mitigate omnichannel fraud.