Cybersecurity company Carbon Black recently issued a report of the results of a survey of chief information security officers (CISOs) of financial organizations, which showed that the financial industry is getting hammered by...more
3/8/2019
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Financial Institutions ,
Hackers ,
Personally Identifiable Information ,
Phishing Scams
The scammers continue to find easy ways to dupe unsuspecting businesses into sending information or money to them....more
Cybercriminals have launched a new campaign that not only requires the victim to pay a ransom to have their data decrypted, but when the victim is directed to a PayPal account to pay the ransom to get the decryption key to...more
1/18/2019
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Hackers ,
Information Technology ,
Malware ,
PayPal ,
Personally Identifiable Information ,
Ransomware ,
Risk Management
A scary scheme by hackers recently successfully lifted Bitcoin from Electrum wallet owners to the tune of approximately $750,000....more
For data security buffs like me, the recent McAfee® Labs Threats Report, December 2018 is, or should be, a top pick on the list. Well, maybe not for the holiday reading list. We need to be careful not to bring up the results...more
12/27/2018
/ Article III ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Driverless Cars ,
Drones ,
Experian ,
Hackers ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Information Technology ,
OCR ,
Public Health ,
Risk Management ,
Smart Devices ,
Standing ,
Transportation Industry ,
Vaccinations ,
Value-Based Care ,
Vulnerability Assessments
Experian’s Data Breach Resolution group has released its Data Breach Industry Forecast 2019 Report, which provides predictions for data breaches in 2019, and outlines staggering statistics of data breaches that occurred in...more
12/20/2018
/ Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Experian ,
Financial Services Industry ,
Hackers ,
Popular ,
Risk Management ,
Vulnerability Assessments
A report released by cybersecurity firm Agari has come to conclusion that we have been experiencing all year—a hacking group in Nigeria, dubbed “London Blue,” is targeting CFOs and controllers from small businesses to...more
12/17/2018
/ Bitcoin ,
CFOs ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Drones ,
FinTech ,
Google ,
Hackers ,
HIPAA Breach ,
Marriott ,
OCR ,
OSHA ,
Pensions ,
PHI ,
Retirement Plan ,
Safety Inspections ,
Securities Litigation ,
Smart Contracts ,
Stock Prices ,
Vulnerable Victims ,
Workplace Safety
A report released by cybersecurity firm Agari has come to a conclusion that we have experienced all year—that a hacking group in Nigeria, dubbed “London Blue,” is targeting CFOs and Controllers in small businesses to...more
12/14/2018
/ CFOs ,
Cyber Crimes ,
Cybersecurity ,
Hackers ,
Multinationals ,
Phishing Scams ,
Real Estate Transactions ,
Risk Management ,
Vulnerability Assessments ,
Wire Fraud ,
Wire Transfers
Darkreading.com has issued a survey entitled: Monetizing the Insider: The Growing Symbiosis of Insiders and the Dark Web which states that malicious insiders are responsible for 27 percent of all cybercrime. This statistic...more
According to a new report by Datto, Inc. (its third annual Global State of the Channel Ransomware Report), ransomware continues to be the top cyber-attack experienced by small and medium sized companies....more
Radisson Hotel Group has notified some of its global loyalty program customers that hackers have stolen their personal information, including their names, addresses, email addresses, and in some cases, their employment and...more
Last week (September 26, 2018), Uber Technologies Inc. agreed to finish inquiries of all 50 states of its 2016 data breach by paying $148 million in different amounts to all 50 states and the District of Columbia....more
Data breaches continue to plague the healthcare industry, and July 2018 was the worst month so far this year in the number of data breaches reported to the Office for Civil Rights (OCR). ...more
We all remember Kronos—the malicious malware that was sold by Russian underground forums in 2014 for $7,000. If you bought it, you were promised updates and development of new modules.
...more
9/13/2018
/ Banking Sector ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Hackers ,
Information Technology ,
Malware ,
Online Banking ,
Personally Identifiable Information ,
Popular ,
Risk Management
An old trick is coming back and working. It is a wire fraud scheme targeted at homeowners instead of businesses, and it is happening at an alarming rate....more
9/11/2018
/ Closing Documents ,
Cyber Crimes ,
Cybersecurity ,
Email ,
Financial Fraud ,
Financial Services Industry ,
Home Buyer ,
Malware ,
Money Transfer ,
Mortgages ,
Phishing Scams ,
Real Estate Market ,
Risk Management ,
Wire Fraud
We reported last week that a spyware maker compromised users’ and victims’ sensitive information. Since that time, another spyware maker, mSpy, which holds itself out as having over a million users employing its product to...more
It has been reported that a hacker was able to break into the servers of TheTruthSpy, a company that is described as “one of the most notorious stalkerware companies out there” (Motherboard, August 2018) and was able to...more
A new ransomware, dubbed “Ryuk,” has surfaced in the last few weeks and is said to be targeting large organizations in the United States. The attackers behind Ryuk have reportedly made more than $640,000 in just two weeks,...more
8/27/2018
/ Airspace ,
Banking Sector ,
Biometric Information ,
Biometric Information Privacy Act ,
Cell Phones ,
Commercial Use ,
Critical Infrastructure Sectors ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Protection ,
Drones ,
Employee Privacy Rights ,
Employer Liability Issues ,
Employment Litigation ,
Hackers ,
National Security ,
Popular ,
Ransomware ,
Risk Management ,
State and Local Government ,
State Departments of Transportation ,
Unmanned Aircraft Systems
I am speaking at a conference in one of my favorite cities (okay, it’s Chicago) and I was having dinner at the bar when the patron next to me asked me what I do for a living. ...more
A new ransomware, dubbed “Ryuk,” has surfaced in the last few weeks that is said to be targeting large organizations in the United States.
...more
On August 10, 2018, the Federal Bureau of Investigation (FBI) issued a private warning to banks warning them that cybercriminals are planning to “conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming...more
8/16/2018
/ ATMs ,
Banking Sector ,
Banks ,
Cyber Attacks ,
Cyber Crimes ,
Debit Cards ,
FBI ,
Financial Crimes ,
Financial Institutions ,
Hackers ,
Risk Management
Bithumb, ranked the seventh largest cryptocurrency exchange and located in South Korea, has confirmed that it was hacked and that the thieves absconded with approximately $32 million in coins, including the XRP token issued...more
Just weeks after Mexico’s central bank was targeted by hackers who stole $15 million, Chile’s biggest bank, Banco de Chile announced on May 28, 2018, that it had been struck by a “virus,” that affected its workstations,...more
Just days after the summit between the U.S. and North Korea, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security issued a warning about a malicious malware, a Trojan malware variant known as...more
6/26/2018
/ Administrative Law Judge (ALJ) ,
Chief Information Security Officer (CISO) ,
Connected Cars ,
Critical Infrastructure Sectors ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data-Sharing ,
Department of Homeland Security (DHS) ,
Drones ,
Electronic Protected Health Information (ePHI) ,
Enforcement Actions ,
FBI ,
FCC ,
FERPA ,
Hackers ,
HIPAA Breach ,
Information Technology ,
Malware ,
OCR ,
Risk Management
Just days after the summit between the U.S. and North Korea, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security issued a warning about a malicious malware, a Trojan malware variant known as...more