Cybercrime

Cybersquatting & Banking: How Financial Services Industry Can Protect Itself Online (Webinar)

Businesses in the financial services sector are among the most frequent targets of cybersquatters. In this free webinar, I will be joining Craig Schwartz of fTLD Registry Services to provide important information about how domain name fraud is affecting the financial services industries, including banking and insurance, and what businesses and consumers can do to protect themselves online.

The Importance of IPRC in Asia Pacific

I believe and strongly support Internet Principle and Right Coalition (IPRC) Charter is an important edition of document supplementing the principles and rights of individual internet users in any developing and least developed country. Especially in Asia Pacific region where the need and use of such document is immense, as there is a gap in recognition and awareness of rights of internet users.

DNS and Stolen Credit Card Numbers

FireEye announced a new piece of malware yesterday named MULTIGRAIN. This nasty piece of code steals data from Point of Sale (PoS) and transmits the stolen credit card numbers by embedding them into recursive DNS queries. While this was definitely a great catch by the FireEye team, the thing that bothers me here is how DNS is being used in these supposedly restrictive environments.

Is the FCC Inviting the World’s Cyber Criminals into America’s Living Rooms?

In October 2012, the Chairman and Ranking Member of the House Intelligence Committee issued a joint statement warning American companies that were doing business with the large Chinese telecommunications companies Huawei and ZTE to "use another vendor." The bipartisan statement explains that the Intelligence Committee's Report, "highlights the interconnectivity of U.S. critical infrastructure systems and warns of the heightened threat of cyber espionage and predatory disruption or destruction of U.S. networks if telecommunications networks are built by companies with known ties to the Chinese state, a country known to aggressively steal valuable trade secrets and other sensitive data from American companies."

ICANN Fails Consumers (Again)

In its bid to be free of U.S. government oversight ICANN is leaning on the global multistakeholder community as proof positive that its policy-making comes from the ground up. ICANN's recent response to three U.S. senators invokes the input of "end users from all over the world" as a way of explaining how the organization is driven. Regardless of the invocation of the end user (and it must be instinct) ICANN cannot seem to help reaching back and slapping that end user across the face.

The Growing Threat of Cybersquatting in the Banking and Finance Sector

The apparent cyber heist of of $81 million from the Bangladesh central bank's U.S. account may cause some people to question the security of online banking. While the online theft prompted SWIFT - a cooperative owned by 3,000 financial institutions around the world -- to make sure banks are following recommended security practices, the incident also could have ramifications for banking customers worldwide.

The Cyberthreats and Trends Enterprises Should Watch in 2016

Every year, Verisign iDefense Security Intelligence Services produces its Cyberthreats and Trends Report, which provides an overview of the key cybersecurity trends of the previous year and insight into how Verisign believes those trends will evolve. This report is designed to assist in informing cybersecurity and business operations teams of the critical cyberthreats and trends impacting their enterprises, helping them to anticipate key developments and more effectively triage attacks and allocate their limited resources.

Malware Reach Is Expanding, Ransomware on the Rise

We live in an online age, one where malware infections have become commonplace. Some might say this is the price of doing business online. News headlines report damaging attacks on well-known brands with depressing regularity. Consumer confidence suffers as customers look to organizations to sort out the issue, secure their transactions and fix the problem.

Thought Leaders Create New Trends & Solutions, Followers Just Follow - Which Are You?

Last week I asked on a post elsewhere, why we, at the MLi Group, chose to consider speakers, panelists, supporters and sponsors at our Global Summit Series (GSS) as "Thought Leaders" and "Trend Setters? Many wrote me directly offering their answers and then it dawned on me that my answer may (or may not) get appreciated by many at the ICANN community. So here is why we do.

Experienced a Breach? Here Are Four Tips for Incident Response

The threat level has never been higher for organizations charged with protecting valuable data. In fact, as recent headlines will attest, no company or agency is completely immune to targeted attacks by persistent, skilled adversaries. The unprecedented success of these attacks against large and well-equipped organizations around the world has led many security executives to question the efficacy of traditional layered defenses as their primary protection against targeted attacks.