Hackers stole at least $920,000 from Russia's PIR Bank after they successfully compromised an outdated, unsupported Cisco router at a bank branch office and used it to tunnel into the bank's local network, reports incident response firm Group-IB.
This edition of the ISMG Security Report includes an analysis by Executive Editor Matthew J. Schwartz on President Donald Trump's changing views on election meddling, plus an update on voter data being accidently exposed by a robocalling company.
President Donald Trump has stated that he believes the Russian government attempted to interfere in U.S. elections. But at times, he appears to have also suggested that the interference may be attributable to other countries instead.
RoboCent, a company that specializes in robocalling voters, left nearly 3,000 files containing detailed data about Virginia voters online by mistake. The data has been secured, but the incident points again to ongoing problems of security misconfigurations in repositories and lack of end-to-end encryption.
A Greek court has ruled that Russian national Alexander Vinnik will be sent to France to face cybercrime charges. The U.S. has accused Vinnik of laundering $4 billion in bitcoins via the BTC-e exchange, which it said also handled stolen Mt. Gox and Silk Road bitcoins.
An advisory group that includes a diverse array of members will spend the coming months devising detailed guidance on how to address the "shared responsibility" of medical device cybersecurity, explains Greg Garcia, who is leading the initiative.
Why are attacks so successful? Legacy endpoint security products are creating more problems than they solve. There is too much cost and complexity, defenses aren't keeping up, and security staff is stretched thin.
The FDA has issued new guidance spelling out its policy for organizations using electronic health record data in FDA-regulated clinical investigations, such as studies of the long-term safety of various drugs. Among other criteria, the EHRs need to contain certain privacy and security controls, the agency says.
Silicon Valley employees are increasingly calling on executives to restrict the use of facial recognition technology, mobilized in part by the U.S. government's previous policy of separating children from parents at the border. Experts say facial recognition regulations are needed - and quickly.
As organizations are seeing higher numbers of people working remotely, including parts of their IT team, the need for stronger endpoint management is even more important. Automating routine tasks can also be great for business as it drives key business growth by increasing productivity through the automation of of...
Blockchain, the digital ledger used for cryptocurrency, can serve as an effective identity management platform, asserts Chris Boscolo, CEO of ZNO Labs, who describes an approach he calls "self-sovereign identity."
Asked in a press conference if he would denounce Russia for interfering in U.S. elections, President Trump responded with a conspiracy theory about a missing DNC server. Some security experts say Trump's response was nonsense and flies in the face of good digital forensics and incident response practice.
A Spanish consumer rights organization says telecommunications company Telefónica has fixed an elementary security error in its Movistar website that potentially exposed billing invoices for millions of customers. Telefónica says it hasn't detected fraudulent use of the data.
Medical laboratory testing firm LabCorp is investigating a weekend cyberattack on its IT network, which resulted in the company taking certain processes offline. The attack is just the latest cyber assault on the healthcare sector.