When acclaimed bank robber Willie Sutton was captured, a reporter inquired as to why he robbed banks. His simple answer was "because that's where the money is”. With advances in technology, it is plausible to “virtually” rob banks without involving weapons, but rather by a simple computer keystroke.
In the latest "Proof of Concept," Lisa Sotto, partner and chair of the global privacy and cybersecurity practice at Hunton Andrews Kurth LLP and David Pollino, former CISO at PNC Bank, join Information Security Media Group editors to discuss U.S. regulatory trends and supply chain risk management.
Financial institutions must be aware of artificial intelligence being used by criminals against them, says John Buzzard, lead analyst, fraud and security, Javelin Strategy & Research. He discusses the findings of Javelin's latest identity fraud report.
In the latest weekly update, four editors at ISMG discuss important cybersecurity issues, including the lessons we can learn from Okta's breach fallout and subsequent response, how the first NFT rug pull of 2022 has amounted to over $1 million, and the much-anticipated return to in-person events.
Harold Moss, the CEO of Tautuk, has a background in building products, but many in cybersecurity do not come from a product background. In this interview with Brian Barnier, he discusses the importance of context, listening and collaboration for teams to understand creative and critical thinking.
Eighty percent of survey respondents say they either are well on the way or getting started toward becoming a "smart manufacturing company." Cloud migration, business resiliency and securing OT environments are among their priorities. Del Rodillas of Palo Alto Networks analyzes the survey results.
Fifty-three percent of survey respondents say cyberthreats became fiercer during COVID-19, and 17% say the pandemic disrupted their data security initiatives. These are among findings of a new survey sponsored by HelpSystems. Cary Hudgins analyzes the results and discusses how to put them to work.
The FBI's Internet Crime Complaint Center recently came out with a report stating that people have lost millions of dollars to SIM swap fraud. How are banks and telecom industries across the globe coming together to fight the menace? A panel of experts share their views.
Control is the lifeblood of an effective information security program, but fully locking down endpoints is impossible, not least in the open environment of a public university, says Robert Hellwig, CISO of Germany's University of Siegen. In this exclusive discussion, he recommends approaches.
In the coming weeks, U.S. President Joe Biden will announce a new executive order to prevent and detect identity theft involving public benefits. Jeremy Grant, coordinator of the Better Identity Coalition, discusses the challenges ahead for the government in combating criminal and identity fraud.
The toll of a ransomware attack goes far beyond the price of the actual ransom. Ajay Bhatia of Veritas and Jose Thomas of Microsoft share the potential costs and gaps enterprises face when it comes to being able to detect, defend and recover from ransomware attacks.
In the latest weekly update, four editors at ISMG discuss how Russia's invasion of Ukraine complicates cybercrime ransomware payments, a former U.S. Treasury senior adviser's take on Biden's cryptocurrency executive order, and important points regarding the upcoming identity theft executive order.