Leading this week's industry news roundup, Sophos acquires Mojave Networks to help strengthen its cloud-managed and appliance-based security solutions, while Corero introduces a DDoS analytics application.
Malware-wielding attackers have compromised 800,000 online banking credentials, mainly for customers of the five largest U.S. financial services firms, a new study warns. But they may also be preparing for APT attacks against financial institutions.
Citigroup, E*Trade, Regions Financial, Fidelity Investments, HSBC, Bank of the West and ADP are now believed to have been probed by the same hackers that targeted Chase, according to news reports. But so far, none of those firms believes data was compromised.
The Health Information Trust Alliance, in collaboration with several healthcare-related organizations, has developed and is piloting an automated early warning system to share cyberthreat intelligence.
Criminals have infected at least 50 ATMs in Eastern Europe, including Russia, with malware, dispensing millions of dollars in cash directly to money mules. Interpol warns such attacks could spread worldwide.
Nearly two weeks since news of Shellshock broke, attacks that are taking advantage of the Bash vulnerabilities are grabbing headlines. But Michael Smith of Akamai warns that the battle against hackers capitalizing on Shellshock could go on for years.
Bond insurer MBIA says it's investigating a potential data leak at its asset management subsidiary, Cutwater Asset Management, which may have led to certain client information being illegally accessed.
Hacking a car remotely might have seemed like science fiction a few years ago. But as cars are added to the "Internet of Things," the industry is ramping up its efforts to address ever-evolving, and realistic, security issues.
Yahoo confirms Shellshock-targeting attackers hacked into three of its servers, but claims they didn't exploit Bash flaws. Meanwhile, Lycos denies it's been breached and WinZip isn't responding directly to a report that it was hacked.
Heartbleed, Shellshock, targeted attacks - the security threats to banking institutions are legion. And there are new banks can get better at detecting these evolving threats, says Solutionary's Jeremy Nichols.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
The hackers who breached JPMorgan Chase also infiltrated about nine other financial institutions, and may be operating from Russia, according to one news report. But security experts caution against jumping to conclusions over attackers' identities or motives.
If JPMorgan Chase, which was considered one of the most secure organizations in the world, can be breached, then virtually all other banks likely are at risk, too. Experts explain why early detection and information sharing are key to mitigating threats.