February 9, 2016 - A year after Kaspersky Lab warned that cyber-criminals would start to adopt the tools and tactics of nation-state backed APTs in order to rob banks, the company has confirmed the return of Carbanak as Carbanak 2.0 and uncovered two more groups working in the same style: Metel and GCMAN. They attack financial organizations using covert APT-style reconnaissance and customized malware along with legitimate software and new, innovative schemes to cash out.
January 14, 2016 - Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud computing, will have to take action to improve their ability to withstand cyber-attacks under new rules approved by Internal Market MEPs on Thursday.
January 18, 2016 - British financial services firms expect IT to be the main area to see an increase in capital spending over the next year as the industry braces itself for the fintech revolution.
January 11, 2016 - Close to two-thirds (63%) of global IT professionals oppose giving governments backdoor access to encrypted information systems, and similar numbers (59%) feel that privacy is being compromised in an effort to implement stronger cybersecurity laws. The survey by global IT and cybersecurity association ISACA of 2,920 members in 121 countries also reveals marked skepticism about the likelihood of organizations sharing data breach information voluntarily as called for by the recently passed U.S. Cybersecurity Information Sharing Act of 2015.
January 18, 2016 - With smart watches, fitness trackers and payment wristbands expected to account for one in five mobile payment transactions by 2020 – representing $500 billion a year– it is inevitable that they will become a growing target for cyber-attack, according to WISeKey and Kaspersky Lab.
January 7, 2015 - More than half of banks and building societies in the UK are leaving their online customer login pages vulnerable because of insecure SSL instances, according to security experts at Xiphos Research.
January 26, 2016 - A global study of 3700 IT security practitioners conducted by the Ponemon Institute shows increasing risks to payment data and a lack of confidence in securing mobile transactions.
December 21, 2015 - Just weeks after falling victim to a massive cyber theft of customer assets, JPMorgan sent a fake phishing email to all employees to test their reaction. You can probably guess what happened next.