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Hundreds of millions of dollars stolen from banks via an sophisticated attack that blended cyber and physical elements.

Data is the lifeblood of business, and it is increasingly being jeopardized as the businesses are facing an onslaught of financially motivated hackers, corporate data breaches, and frequent compliance changes.

Crime ring opened minimal accounts with banks, then boosted their withdrawal limits.

An international organized crime syndicate has stolen at least $40 million from banks since March using a hacking scheme, according to a report released Tuesday, and has likely stolen substantially more.

Hybrid cyberattacks on banks in former Soviet states has already resulted in estimated losses of $100m.

Kegs and ping pong tables won’t cut it anymore if you’re looking to wow prospective employees with your office.

Inmarsat has officially launched its Fleet Secure cyber security service, which has been constructed and delivered in partnership with Singtel and Trustwave, at its UK headquarters as part of London International Shipping Week.

A new variant of the banking trojan Dridex is part of a sophisticated phishing attack targeting users of the cloud-based accounting firm Xero.

For his work with the SpiderLabs Security Research team and previously as a member of Microsoft's response team where he helped formalize the incident response program and the malware protection center.

A new wrinkle in smart technology serves as a reminder for consumers to be cautious, as the tiny chip in your credit card can fall out and then be used by someone else to access your credit card information.

Brian Hussey, VP of cyber threat detection and response for SpiderLabs at Trustwave, explains what elements firms need to have in place if they are to detect, contain and survive a cyber-attack.

If you’re looking to expand your team, chances are one of your current employees knows just the right person.

Free Wi-Fi is a great way to save on data, but the I-Team has learned your phone could be taken over automatically by Wi-Fi, signing on to unsecure networks and putting your information at risk.

The digital threat landscape faced by enterprises large and small is in perpetual flux, and keeping an eye on things and adapting defenses should be of primary importance to every CISO.

Trustwave has released the 2017 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2016.

Even though malware detection and containment have improved a lot since 2015, malvertisement are still a lot cheaper and difficult to contain, says a report from security firm Trustwave.

Throughout 2016, Trustwave investigated hundreds of data breaches in 21 different countries, and conducted thousands of penetration tests across databases, networks and applications. An analysis of key findings from this activity is presented in the 2017 Trustwave Global Security Report published Tuesday (PDF).

The state of global cybersecurity is a mixed bag at the moment, according to a new report by Trustwave. The company's 2017 Trustwave Global Security Report says intrusion detection is faster, as well as containment times. However, malvertisement is cheaper, and spam has picked up the pace.

The dwell time for hackers inside victim networks fell by nearly half over the past year, although the time from intrusion to containment of such threats remained virtually the same, according to Trustwave.

Trustwave released the 2017 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2016. The report demonstrates both good and bad news in the world of cybersecurity as intrusion detection and breach containment times were relatively better, but other threats like malvertisements became cheaper and malicious spam saw increases.

Metrics are vital for CISOs to do their job effectively. Unfortunately the numbers included in the latest Trustwave global survey show that infosec pros and software developers around the world still have a long way to go. Read more: http://www.itworldcanada.com/article/nearly-half-of-compromises-due-to-insecure-remote-access-software-and-policies-report/394253#ixzz4kr7UFcTc or visit http://www.itworldcanada.com for more Canadian IT News

Security services firm Trustwave released its 92-page 2017 Global Security Report on June 20, providing insight into security trends observed by the firm from data breach investigations conducted around the world. One trend was a growing volume of point-of-sale (PoS) system breaches, which grew to 31 percent of breached environments analyzed by Trustwave in 2016, up from 22 percent in 2015. ""Cybersecurity in 2016 had both highlights and lowlights,"" Trustwave CEO and President Robert J. McCullen said in a statement. In this slide show, eWEEK looks at both the highlights and the lowlights of the 2017 Trustwave Global Security Report.

Many organizations are getting better at cyber intrusion detection, according to a new report from Trustwave, the Chicago-based MSSP. The “2017 Trustwave Global Security Report” of cybercrime, data breach and security threat trends from 2016 indicated the median number of days from cyber intrusion to detection of a compromise fell from 80.5 in 2015 to 49 last year. In addition, the median number of days from cyber intrusion detection to containment was 2.5 in 2016, according to the report.

Hacking attacks against sales terminals have risen by nearly a third last year, and the US is still leading the way in being insecure. Incidents affecting sales tills and payment systems increased to 31 per cent in 2016, according to research by security firm Trustwave, while incidents affecting e-commerce environments fell to 26 per cent from 38 per cent. Incidents involving sales registers were most common in the US, thanks to its tardy adoption of EMV chip technology and a reliance on chip and signature rather than chip and PIN payment.

The largest share of data breach incidents involved the retail industry, closely followed by food and beverages, according to a new report. The 2017 Global Security Report from Trustwave shows that 22 percent of incidents involved the retail industry, followed by food and beverages at 20 percent.

Security firm Trustwave has released its 2017 Global Security Report which contains some bleak findings relating to the rise of payment card data thefts and incidents involving point-of-sale breaches in the hospitality, retail and food and beverage industries.

Yesterday, news broke that a file containing detailed personal information on 200 million Americans was stored on an unprotected server by a political contractor. The travails of Yahoo and its half a billion stolen records have been well documented. Breaches like these, focused on personal information, recently have shifted the focus of card-not-present fraud professionals toward new kinds of fraud based on personal information: account takeover, account creation and synthetic fraud.

Nearly every web application has at least one vulnerability, according to the 2017 Trustwave Global Security Report, released Tuesday. Of the apps scanned by Trustwave for the report, 99.7% included at least one vulnerability, with the mean number of vulnerabilities in web apps being 11.

The fight against cyber crime showed both advances and retreats in 2016, with improvements on the intrusion detection and breach containment fronts matched by cyber crime increasingly being treated as a business, suggests a Trustwave report released Tuesday.

More organizations appear to be heeding the advice to implement capabilities for detecting intrusions sooner, at least based on an analysis of data from breach investigations that security vendor Trustwave conducted for clients last year.