Stu Sjouwerman, CEO of KnowBe4, has seen first-hand the devastating impact of ransomware on healthcare entities. And he knows traditional defenses aren't enough to ward off attackers. What's needed is a whole new approach to user education.
Hackers reportedly stole $250,000 from Bangladesh's Sonali Bank in 2013, in what's now the fourth case involving malware attacks and injecting fraudulent money-transfer requests into the SWIFT interbank messaging network.
The business of executive email hacking is booming, with hundreds of millions of dollars lost in fraudulent wire transfers. But businesses can improve their processes to avoid inadvertently transferring funds to fraudsters, according to one expert.
E-commerce retailers face an ongoing battle: Their websites are constantly hit by bots using stolen credentials to try to take over accounts. What can companies do to protect themselves? Akamai's Michael Smith offers advice.
The College of Healthcare Information Management Executives is calling on Congress to create financial incentives for healthcare providers to boost their cybersecurity. Leslie Krigstein of CHIME offers examples of potential incentives in this in-depth audio report.
A Japanese ATM cash-out scheme that stole $19 million from South Africa's Standard Bank in less than three hours illustrates why devising better ways to mitigate the risks posed by such schemes must be a priority for financial institutions in markets - including the U.S. - that still rely on mag stripe debit cards.
At a May 25 Congressional hearing to gain input regarding a bill that would elevate the role of CISO at the Department of Health and Human Services, legislators learn that there is no one-size-fits-all pecking order for CISOs at healthcare organizations in the private sector.
As Europe counts down to implementing its General Data Protection Regulation, which will require EU-wide data breach notifications for the first time, similar efforts to enact a single federal law in the United States remain stalled.
LinkedIn failed to force all users to reset their passwords after a 2012 breach of at least 6.5 million credentials came to light. But it turns out the breach actually compromised 167 million accounts. Whoops.
After blaming a recent spate of bank robberies on banks' poor information security practices, SWIFT has changed its tune. Now it says it wants to help financial firms spot related fraud and better share information about unfolding threats.
A surge in ransomware attacks on hospitals is driving healthcare organizations large and small - as well as lawmakers and law enforcement agencies - to consider new and improved approaches to dealing with this evolving threat.
Upticks in point-of-sale fraud and surges in ATM skimming are hitting community banks hard, Doug Johnson of the American Bankers Association says in this video interview. Why are smaller institutions feeling the pain?
The Swiss government says that online attackers used a variant of "Turla" malware - previously tied to campaigns with suspected Russian intelligence ties - to steal at least 23 GB of sensitive information from state-owned defense firm RUAG.
After Kansas Heart Hospital suffered a ransomware infection and paid the demanded ransom, its attackers demanded more. At that point, the hospital reportedly declined to comply, relying instead on its pre-prepared backup and recovery plan.