In the post-digital transformation world - and in advance of the coming of quantum computing - it's time to future-proof cybersecurity by nurturing a culture of security. Dean Coclin of DigiCert discusses how banking institutions can embrace this change.
U.S. authorities Tuesday said they permanently dismantled the notorious Qakbot botnet in an international operation that seized 52 servers and nearly $9 million worth of cryptocurrency. Law enforcement identified more than 700,000 computers infected with the Qakbot malware.
The disruption of quantum computing could come sooner than we think, but only 18 countries are actively investing in the technology - creating a potential quantum divide of have and have-not governments and businesses, said retired Col. Jen Sovada, president of global public sector at SandboxAQ.
Cloud-native application protection platforms are emerging as a game-changing solution to the evolving challenges in cloud security. Mattan Shalev, head of product management at Wiz, outlined the power of CNAPPs in reducing risk and fortifying cloud security.
Large language models have revolutionized various industries by automating language-related tasks, enhancing user experiences and enabling machines to communicate more naturally with human beings, according to Rodrigo Liang, CEO of SambaNova Systems.
Ransomware groups, like legitimate businesses, must adapt and change as they grow, in response to external pressures and trends. To survive, many large ransomware groups have adopted decentralized structures, said Yelisey Bohuslavskiy, chief research officer and partner with Red Sense.
Insider threats continue to pose significant concerns in today's digital landscape. While malicious insiders have garnered attention due to harmful intent, negligent users often make unintentional mistakes, contributing to potential cybersecurity risks.
Public-private cybersecurity councils urged the healthcare industry to be more expansive in sharing signs of hacking, warning that traditional indicators aren't enough. Fending off hackers requires additional shared data, such as SIEM rules and automated response playbooks.
Michael Miora, founder and CEO of InfoSec Labs - a pioneer in cybersecurity consulting - started the company in 1989. Security has been an issue for generations, he said, but things started to change once technology came into play. Then the traditional security perimeter expanded, adding complexity.
The fear that ChatGPT could turn a low-sophisticated hacker into a sophisticated adversary is unfounded, said Howard Marshall, global intelligence lead, Accenture Security. He says most hackers lack the expertise and education to create sophisticated malware.
Kroll is warning claimants in three major cryptocurrency bankruptcy cases that hackers obtained their personal data after the attacker convinced a mobile carrier to redirect an employee's phone number to their own device. Hackers appear to have already begun a phishing campaign.
London's Metropolitan Police Service is investigating a serious data breach that may have exposed names, ranks and photographs for potentially all 47,000 personnel, after someone gained "unauthorized access to the IT system" of one of its suppliers.
A backdoor Trojan known as SmokeLoader is deploying a customized Wi-Fi scanning executable to triangulate the location of infected Windows devices. The malware, dubbed "Whiffy Recon," uses nearby Wi-Fi access points as a data point for Google's geolocation API.
Researchers spotted North Korean state hackers deploying a more compact remote access Trojan through a flaw in IT service management software in a campaign affecting European and U.S. critical infrastructure. Cisco Talos said the Lazarus Group in May started to deploy a Trojan it named QuiteRAT.
In the latest weekly update, ISMG editors discuss the shifting dynamics of cyber insurance, why APAC is approaching privacy regulations around emerging technologies, and how U.S. authorities charged the co-founders of cryptocurrency mixer Tornado Cash with money laundering.
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