Because banks, fintech firms, merchants and payments processors in the EU have struggled to meet the Sept. 14 deadline for compliance with the new PSD2 "strong customer authentication" requirements for electronic payments, it may take a while for European consumers to notice authentication changes.
This week's ISMG Security Report analyzes the cost of business email compromise attacks and the recent arrest of dozens of suspects. Also featured: updates on the easy availability of low-cost hacking tools and the latest payment card fraud trends.
Insider threats are difficult to counter. What happens when an employee goes rogue, and how do you catch them? Charles Carmakal of Mandiant, who says his firm is dealing with more insider threat investigations, shares tips for better defenses.
Ransomware-wielding attackers treat infecting endpoints as a business and put customer relationship management principles to work, says Bill Siegel, CEO of ransomware incident response firm Coveware. He notes criminals "go after the low-hanging fruit because it's cheap and the conversion rate is high."
Cybercriminals are "upping their game" by stealing and then auctioning off on the dark web administrative access credentials to healthcare organizations' clinician and patient portals, says Etay Maor of IntSights.
Some healthcare IT industry groups and large provider organizations are pushing the Senate to follow the House's lead and approve a measure to lift the 20-year ban on federal funding of the development or adoption of a unique national patient identifier. Why is this still such a hot privacy issue?
Two years after WannaCry wreaked havoc via flaws in SMB_v1 and three years after Mirai infected internet of things devices en masse via default credentials, attackers are increasingly targeting the same flaws, security experts warn.
"Cobalt Dickens," a threat group with suspected ties to Iran, is continuing its attempts to steal intellectual property from schools and universities, according to an analysis by SecureWorks. The group's work continues even though several alleged members have been indicted by the Justice Department.
The Australian government is looking to update its national cybersecurity strategy by 2020. In preparation, it's released a discussion paper that seeks input from citizens, the business community, academics and other stakeholders.
Israel-based cyber-intelligence firm NSO Group, which has been accused of selling technology that enables governments to spy on citizens, is pledging to adopt human rights guidelines developed by the United Nations. But critics of the firm question whether its moves are meaningful.
The ransomware blitz against the healthcare sector continues: A Utah clinic has reported an attack that potentially affected 320,000 patients, making it one of the largest breaches of its kind so far this year.
As part of its September Patch Tuesday security update, Microsoft issued software fixes for two vulnerabilities in several versions of Windows that it says are being exploited by attackers in the wild. Security experts are urging IT teams to quickly patch these flaws.
The Pentagon and the Department of Energy are pitching new or revised cybersecurity capability maturity models to help their sectors prioritize cybersecurity investments and refine processes and controls. But should they defer to the NIST Cybersecurity Framework instead?