Researcher: Data Leaked for 300 Million Truecaller Users

Suparna Goswami • May 24, 2019

A security researcher has reported that the mobile phone numbers, and in some cases, other information, of 300 million Indians that use the Truecaller caller ID app are available for sale on the dark web. But the maker of the app says its database was not breached.

Data Loss

RBI Calls for Self-Regulation for Fintech

Latest

Breach Preparedness

Moody's Changes Equifax's Outlook to 'Negative'

Scott Ferguson • May 24, 2019

Moody's has changed its financial outlook for Equifax to "negative" from "stable," reflecting concerns about how the credit reporting giant is recovering from the 2017 data breach that exposed the personal information of 148 million Americans.

Application Security

Security at the Speed of the Cloud

Tom Field • May 24, 2019

Migrating from on-premises data security to the cloud and then embedding security in the application development process are common challenges for enterprises. Dan Fitzgerald, a CISO at the consultancy McKinsey & Co., shares insights on how to make these transitions.

Video

Multilayered Security Gets Personal

Tom Field • May 24, 2019

When large-scale data breaches started to proliferate more than a decade ago, security leaders called for end-to-end data encryption. But that approach no longer suffices, says First Data's Tim Horton, who calls for a new multilayered defense.

Breach Preparedness

Healthcare's Unique Digital Transformation

Tom Field • May 24, 2019

The term "digital transformation" is not just marketing buzz; it's the here and now for many organizations. And the healthcare sector is uniquely impacted, says Stuart Reed of Nominet in the wake of a recent roundtable discussion.

Application Security

WannaCry Still Causing Tears 2 Years On

Nick Holland • May 24, 2019

The latest edition of the ISMG Security Report assesses the legacy of WannaCry ransomware two years on. Also featured: the evolving role of healthcare CISOs; threat mitigation recommendations based on the 2019 Verizon Data Breach Investigations Report.

Cybercrime

Assange Indicted in US Under Espionage Act

Scott Ferguson • May 23, 2019

A federal grand jury has indicted WikiLeaks founder Julian Assange on 18 counts under the U.S. Espionage Act for his role in publishing classified material, the Justice Department announced Thursday. He's currently serving a prison sentence in the U.K. and fighting extradition to the U.S.

Anti-Money Laundering (AML)

Bestmixer Cryptocurrency Laundering Site Shuttered

Scott Ferguson • May 23, 2019

European police have shuttered Bestmixer.io, considered one of the largest underground money laundering websites for cryptocurrencies used in connection with criminal activities, including ransomware attacks.

Cybercrime

Owner of Defunct Firm Fined in LeakedSource.com Case

Scott Ferguson • May 23, 2019

The former owner of the company behind the LeakedSource.com website, which trafficked in billions of stolen login credentials, will pay a fine equivalent to the money he made off the scam, according to the Royal Canadian Mounted Police.

Anti-Malware

E-Commerce Skimming Attacks Evolve Into iFrame Injection

Jeremy Kirk • May 22, 2019

Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.

Cyberwarfare / Nation-state attacks

Huawei Gets 90-Day Reprieve on Ban

Scott Ferguson • May 21, 2019

The U.S. Commerce Department will offer a 90-day reprieve to a handful of companies that conduct business with Huawei before the Trump administration's ban on the use of the Chinese company's technologies fully kicks in, the Wall Street Journal reports. Meanwhile, Google announces it will continue to work with Huawei.

Anti-Malware

MuddyWater APT Group Upgrades Tactics to Avoid Detection

Scott Ferguson • May 21, 2019

MuddyWater, an advanced persistent threat group that has targeted organizations in the Middle East, has changed some of its tactics to better avoid detection as it continues to plant backdoors within targeted networks, according to new research from Cisco Talos.

Anti-Money Laundering (AML)

Whistleblower Everett Stern: 'Do the Right Thing'

Tom Field • May 20, 2019

It's been nearly seven years since HSBC was fined $1.9 billion by U.S. authorities for money laundering violations involving international drug cartels. But Everett Stern, the former employee who blew the whistle on the bank, continues to tell his story because he believes similar criminal activity is ongoing.