Critical issues in India's digital lending ecosystem were identified by a RBI working group. These include the existence of fake and illegal apps and unscrupulous money recovery practices. Establishment of a self-regulatory body to oversee operations of lending platforms is recommended.
Researchers have uncovered an ongoing spear-phishing campaign using short-lived Glitch apps that host credential-harvesting URLs and reportedly are able to bypass any defensive tooling. These apps host a SharePoint phishing page containing obfuscated JavaScript designed to harvest credentials.
A recent hack of a Utah medical radiology group's network server has compromised sensitive health information of more than a half-million individuals, ranking the incident among the 20 largest health data breaches posted on the federal tally so far this year. What are the risks to patients?
A Canadian teenager is under arrest after allegedly stealing C$46 million ($37 million) in the latest cryptocurrency SIM swap scam. Meanwhile in the U.S., the Department of Justice is going to sell off $57 million worth of cryptocurrency seized from the BitConnect Ponzi scheme.
U.S. federal banking regulators have approved a new rule that will require banks to notify regulators no later than 36 hours after the organization determines it has suffered a qualifying "computer-security incident," the nation's top financial agencies announced this week.
Federal regulators and Philips issued advisories pertaining to several security vulnerabilities in certain patient monitoring and medical device interface products from the manufacturer. Exploitation could allow attackers to access patient data, launch denial of service attacks and more, they warn.
Cyberattacks perpetrated by criminally or financially motivated bad actors in New Zealand have nearly doubled from 14% in 2019-20 to 27% over the past year, according to a cyberthreat report from the country's National Cyber Security Center.
North Korea-associated advanced persistent threat group TA406, aka Kimsuky or Thallium, has ramped up its cyberespionage operations in 2021, targeting diplomats and policy experts across Asia, the U.K. and the U.S., researchers say.
The U.S. Department of Justice has indicted two Iranians for allegedly interfering in the 2020 U.S. elections. The charges against the men include conspiracy to commit computer fraud and abuse, transmission of interstate threats and voter intimidation.
A comprehensive IAM program requires integration with HR and legacy systems to enable multifactor authentication, SaaS, and Identity-as-a-Service to provide secure user access and a secure user experience, says Hong Kong-based Varun Kakkar, group head of cybersecurity at Tricor Group.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are turning to cryptomixing services to conceal the proceeds of ransomware activities from law enforcement officials. Also featured: Criminals exploit a misconfigured FBI server and the future of zero trust.
This is the second episode of "The Ransomware Files," a podcast miniseries focused on stories of resilience in the fight against ransomware. An Australian company, Matthews, saw its backups corrupted and attackers release its data. The company recovered however, and has greatly improved its IT security defenses.
One of the effective ways to tackle AML fraud is to leverage technologies such as behavioral biometrics and device biometrics, says Charles Subrt, director of the fraud and AML practice at Aite-Novarica Group.
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