Four editors at ISMG discuss important cybersecurity issues, including law enforcement agencies' crackdown on ransomware operations, how banks are building their technology stacks to counter card fraud and whether the "work from anywhere" model is beneficial for employees in the long term.
In order to counter card-not-present fraud, banks in South Africa need user and entity behavior analytics - or UEBA - and artificial intelligence says Deon Louw, head of fraud, RBB at Nedbank in South Africa.
Multiple cybercriminal groups appear to be targeting relatively new entrants in the space with phishing attacks. In what cybersecurity analysts at Group-IB call a "cannibalistic approach," these gangs are impersonating underground card shops to dupe the newbies for monetary gain.
While doing digital transformation, CISOs tend to look more at technology and try to adapt it without making the distinction between technologies that are must-have and good to have. Krishnamurthy Rajesh of ICRA says CISOs must analyze risks, update security, and change the mindset of employees.
With many countries opening up for tourists, the airline industry is seeing a rise in fraudulent credit card transactions, says Johan Waldeck, senior forensic investigator at Comair Limited, a leading South African airline company.
How many ways do U.S. businesses need to be told to lock down their systems to safeguard themselves from ransomware? That's the focus of a new, joint cybersecurity advisory from the U.S. government pertaining to BlackMatter, following an advisory issued last month about Conti.
Neiman Marcus Group says it is notifying 4.6 million of its online customers who are affected by a data breach that occurred in May 2020. The data includes personally identifiable data, payment and gift cards, online account credentials and security questions.
A cloud access security broker, usually referred to as a CASB, offers a security gateway between your company’s IT infrastructure and that of a cloud provider. It is a critical tool organizations can use to holistically secure an organization from endpoint to cloud.
As the last U.S. military flight lifted off Tuesday evening from the airport in Kabul, Afghanistan, what's been left behind reportedly includes a vast trove of biometric data that could be used to identify - including for interrogation or execution - individuals who assisted the occupying NATO forces.
Australia's data regulator says organizations hit by ransomware may be underreporting data breaches because they haven't thoroughly figured out if data was taken. But an "absence of evidence" of a data breach in a ransomware attack isn't sufficient to declare that no data was taken.
The network has become hybrid and multi-cloud, and security now needs to be harmonized across network, workload and application domains. The complexity of your disparate and dynamic environments is an enemy and you need to defend against it, as you would against any sophiscated adversary.
The firewall has been the cornerstone of enterprise network security since the dawn of the internet age. In 2021, the firewall’s capabilities still represent a core element of IT security, and they will remain so for years to come. But they need to continue to evolve.