CSO

Brazil just can’t catch a break. We’ve already seen flesh-eating bacteria in the water, athletes getting robbed on the streets, and police officers holding up a “welcome to hell” sign at the airport. Plus a wide variety of cybercrime, including phi…

The major mobile networks account for 90 percent of all legitimate text message traffic — but only 38 percent of blocked spam messages. The rest of the spam messages is dominated by network unaffiliated virtual operators, according to a new report …

Security researcher Salvador Mendoza demonstrated a flaw in Samsung Pay at Black Hat last week, in which the tokens used to secure transactions could be predicted, and used to authorize fraudulent payments.Samsung responded with a statement calling …

Almost half of all companies have been the victims of a ransomware attack during the past 12 months, according to a new report. And while globally, 40 percent of them have paid the ransom, 97 percent of U.S. companies did not.
Specifically, 75 perc…

Insurance companies typically have decades of data, if not more, on which to base their risk estimates.
That’s not the case with cyber risk, however. There’s very little historical data available, the data is not complete, and the threat landscape …

The shift from magnetic stripe to chip-based payment cards was first announced in 2011, with a deadline of October 2015, but most merchants still have not upgraded, and are paying the price in that they are now having to cover the costs of fraudulen…

Health care organizations were 114 times more likely to hit by ransomware infections than financial firms, and 21 times more likely than educational institutions, according to a new research report by Solutionary.The Omaha-based security firm detect…

The U.S. Department of Human Services has released new guidance for health care organizations that focuses on the growing threat of ransomware, stresses the need for better education and regular backups, and confirms that a ransomware attack against…

Only 22 percent of companies have a comprehensive plan in place to deal with major cybersecurity incidents, according to a new survey from KPMG and British Telecom.
Meanwhile, 97 percent said they have been the victims of a digital attack, and 55 p…

These days not a headline goes by without some cybercriminal jumping all over it. Now, with the Olympics coming up and travelers wary of the Zika virus, scammers are creating fake websites and apps to steal money or to infect users with malware.
“T…

The cost of paying for fraudulent credit card transactions, previously covered by the credit card companies, shifted to the retailers themselves last October — unless they upgraded their payment terminals to accept new chip-based cards.According an…