Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Australia's largest private health insurer has transformed over a week from being confident that it repelled a cyber incident to being apologetic after disclosing that hackers got away with up to 200 gigabytes of customer data. Australian Federal Police are investigating the incident at Medibank.
Researchers from cybersecurity firm Eset found a variant of Android stalkerware dubbed FurBall slightly modified in a semi-successful bid to evade detection. The malware, dubbed FurBall, is a tool used by a hacking group linked to the Iranian government.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
Australia's data breach debacle expanded on Thursday. Cyber extortionists who attacked Australian health insurer Medibank provided proof of their hack of medical data. Also, stolen data from Australian wine retailer Vinomofo was put up for sale on a Russian-language forum.
More Russian-speaking, ransomware-wielding attackers are gunning for Russian businesses and government agencies, researchers report. The unwritten rule of Russian cybercrime has historically been to never attack inside Russia or neighboring allies.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
Security researchers spotted a previously undetected PowerShell backdoor disguising itself as part of the Windows update process that appears to have infected at least 69 victims. When SafeBreach Labs ran obfuscated scripts downloaded by the backdoor through VirusTotal, they came back as clean.
Hacking capabilities once reserved for nation-states are filtering down to the level of crimeware, warns Kaspersky researcher Sergey Lozhkin. Darknet forums are filled with self-taught hackers selling advanced capabilities for a good price, he says.
Certificate heavyweight DigiCert has landed Zscaler second-in-command Amit Sinha as its new leader and tasked him with boosting trust around connected device and user authentication. DigiCert brought in Sinha following a 12-year stint at Zscaler, where he became company president and a board member.
Australian health insurer Medibank says it received a ransomware demand from hackers asserting to have stolen data during a cybersecurity incident the company detected on Oct. 12. "Based on our ongoing forensic investigation we are treating the matter seriously at this time," the company says.
Ransomware groups come and go, but the individuals behind them often take their skills to fresh operations, like Evil successors Ransom Cartel, BlogXX and Spectre and Conti spinoffs Quantum, Roy/Zeon and Silent Ransom. Conti successors have latched onto "callback phishing" to boost fraying profits.
Cyberattacks on healthcare entities result in poor patient outcomes, including delayed procedures and even a rise in mortality, according to a recent survey conducted by research firm the Ponemon Institute. Ryan Witt of Proofpoint, which sponsored the study, discusses the findings.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
A European ring of auto thieves used software branded as a diagnostic tool to perform fobless thefts of cars made by two French manufacturers. It looks as if the thieves found a vulnerability in the electronic control unit governing the authorization of new key fobs.
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