The Anthem breach, which possibly started with a phishing campaign, is a prime example of how hackers are perfecting their schemes to target key employees who have access to valued information, says Dave Jevans of the Anti-Phishing Working Group.
Anthem believes that the breach that has exposed up to 80 million individuals' information possibly began after a handful of employees fell victim to a phishing attack. Other attackers appear to be using the breach as a lure for their own phishing campaigns.
Lawmakers are more serious than ever about cybersecurity legislation. Their intent is to enact, but can they compromise on legislation to share cyberthreat information and nationalize data breach notification?
A new report now claims the breach at JPMorgan Chase is linked to a server the bank's security team overlooked when upgrading to two-factor authentication controls. Why that oversight and a well-planned spear-phishing attack were all hackers needed.
In addition to 56 million payment cards being compromised in the Home Depot data breach, approximately 53 million e-mail addresses also were stolen, the retailer reported in an investigation update on Nov. 6.
Hackers launched a successful phishing attack against Fidelity National Financial employees, then used the stolen information to attempt to reroute money transfers, the title insurance and mortgage services firm warns.
Amsterdam is again playing host to the annual Black Hat Europe information security gathering, and presenters have promised to cover everything from privacy flaws in wearable computers to two-factor authentication system failures.
Google says just 2 percent of the recent dump of nearly 5 million credentials to Russian cybercrime forums contained valid Gmail username and password combinations. But anyone who reused the same passwords on other sites remains at risk from hackers.
News reports of a suspected attack against JPMorgan Chase, and perhaps other banks, serve as an important reminder for financial institutions to ramp-up their security efforts, especially to guard against phishing attacks.
A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.
An online gang with ties to Romania and Russia has been bypassing two-factor, Android-based authentication systems - used by 34 different banks to authenticate customers - via the sophisticated Operation Emmental cybercrime campaign.