gartner

June 22, 2016

Rise of Darknet Stokes Fear of The Insider

This post was originally published on this siteWith the proliferation of shadowy black markets on the so-called “darknet” — hidden crime bazaars that can only be accessed through special software that obscures one’s true location online — it has never been easier for disgruntled employees to harm their current or former employer. At least, this is the fear driving a growing stable of companies seeking technical solutions to detect would-be insiders. Avivah Litan, a fraud analyst with Gartner Inc., says she’s been inundated recently with calls from organizations asking what they can do to counter the following scenario: A disaffected or disgruntled employee creates […]
August 13, 2016

Visa Alert and Update on the Oracle Breach

This post was originally published on this siteCredit card industry giant Visa on Friday issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit to double-check the machines for malicious software or unusual network activity, and to change passwords on the devices. Visa also published a list of Internet addresses that may have been involved in the Oracle breach and are thought to be closely tied to an Eastern European organized cybercrime gang. The Visa alert is the first substantive document that tries to help explain what malware and which malefactors might have hit Oracle — and […]
October 8, 2016

Europe to Push New Security Rules Amid IoT Mess

This post was originally published on this siteThe European Commission is drafting new cybersecurity requirements to beef up security around so-called Internet of Things (IoT) devices such as Web-connected security cameras, routers and digital video recorders (DVRs). News of the expected proposal comes as security firms are warning that a great many IoT devices are equipped with little or no security protections. According to a report at Euractive.com, the Commission is planning the new IoT rules as part of a new plan to overhaul the European Union’s telecommunications laws. “The Commission would encourage companies to come up with a labeling system […]
January 5, 2017

Stolen Passwords Fuel Cardless ATM Fraud

This post was originally published on this siteSome financial institutions are now offering so-called “cardless ATM” transactions that allow customers to withdraw cash using nothing more than their mobile phones. But as the following story illustrates, this new technology also creates an avenue for thieves to quickly and quietly convert stolen customer bank account usernames and passwords into cold hard cash. Worse still, fraudulent cardless ATM withdrawals may prove more difficult for customers to dispute because they place the victim at the scene of the crime. A portion of the third rejection letter that Markula received from Chase about her $2,900 fraud claim. […]