Fraud is an increasingly serious threat for businesses around the world, eroding data integrity and security, consumer confidence and brand integrity. When fraud is discussed, hackers or external fraudsters often come to mind. However, insider fraud is a critical threat that is growing.
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Ticketmaster has agreed to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor's computer system on at least 20 separate occasions, using stolen passwords to conduct a cyber espionage operation.
It’s common for organizations to focus a large
portion of their security strategy around potential
outside cyber-threats. However, studies show that insider threats are on the rise and many times are
more difficult to identify. Learning and observing common insider behaviors and
technical actions is one of your...
A former Cisco engineer has been sentenced to serve two years in federal prison after pleading guilty to charges that he hacked his former company, causing $1.4 million in damages.
Italian authorities arrested two employees of the Italian defense contractor Leonardo S.p.A. for installing a backdoor Trojan into the company's systems and exfiltrating 10GB of data over a two-year period, according to local law enforcement officials.
The attacks targeting financial services organizations continue to increase in both volume and sophistication. Security-conscious enterprises need to prepare for threats that emanate from external cybercriminals as well as employee errors and malicious insiders.
While detection, threat intelligence and other...
A former Microsoft software engineer has been sentenced to nine years in prison after being found guilty on 18 criminal charges in connection with the theft of more than $10 million through the company's online retail platform.
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
A remote workforce. Economic stress. Pandemic fatigue. These ingredients create a "perfect storm" for insider risk, whether through malicious acts or accident. What can you do to improve monitoring and mitigation of insider risk in these unique conditions?
Randy Trzeciak, director of the CERT Insider Threat Center...
Amidst this new "perfect storm" of insider risk, enterprises face new challenges in detecting malicious and accidental activities. Tricia Hoyt, Director of Security Operations at ReliaQuest, offers insight on how to assess and reduce the risks.
A former vice president of a personal protective equipment packaging firm has been sentenced to prison and ordered to pay restitution for sabotaging the company's electronic shipping records during the COVID-19 pandemic - causing delays in deliveries - after he was terminated from his job.
A recent incident at a Canadian hospital involving a vendor's former employee who allegedly stole patient records in an attempt to extort money after being laid off illustrates the complex insider threats organizations face.
What are the top cyberthreats facing the financial services sector? Valerie Abend of Accenture describes the findings of a new report on the subject in an in-depth interview.
Death via a thousand paper cuts? The U.S. government hasn't been able to arrange a domestic court date for whistleblower Edward Snowden, but via the courts, it's successfully been awarded $5.2 million in his book royalties and revenue from speaking engagements.
Shopify's announcement this week that two employees inappropriately accessed transactional data from 200 of the merchants that use its e-commerce platform demonstrates the importance of taking a "zero trust" approach to security and improving identity and access management capabilities, security experts say.
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