December 8, 2022
Fraud Management & Cybercrime , Ransomware , Video Also: Rise of Online Scams; ISMG Crypto and Payments Summit Anna Delaney (annamadeline) • November 4, 2022     Clockwise, from top left: Anna Delaney, Mathew Schwartz, Rashmi Ramesh and Suparna Goswami In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity…

Fraud Management & Cybercrime , Ransomware , Video

Also: Rise of Online Scams; ISMG Crypto and Payments Summit Anna Delaney (annamadeline) • November 4, 2022     Clockwise, from top left: Anna Delaney, Mathew Schwartz, Rashmi Ramesh and Suparna Goswami

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including how amateur tactics employed by ransomware gangs are leading fewer victims to pay ransoms, why traditional identity controls can’t protect against growing authorized payment scams, and highlights from ISMG’s Crypto and Payments Summit.

See Also: OnDemand | API Protection – The Strategy of Protecting Your APIs

The panelists – Anna Delaney, director, productions; Mathew Schwartz, executive editor of DataBreachToday and Europe; Rashmi Ramesh, senior subeditor, global news desk; and Suparna Goswami, associate editor, ISMG Asia – discuss:

  • How ransomware victims who opt to pay a ransom have been seeing a “decline in quality and reliability” when it comes to quickly restoring affected systems, according to ransomware incident response firm Coveware;
  • Highlights from an interview with Omega FinCrime’s Ian Mitchell on the rise of online scams and why financial institutions’ defenses must change;
  • Key takeaways from ISMG’s Crypto and Payments Summit, including questions around how to secure the rapid expansion of the cryptoverse.

The ISMG Editors’ Panel runs weekly. Don’t miss our previous installments, including the Oct. 14 edition assessing the proposed EU-US data flow plan and the Oct. 21 edition discussing what CISOs can learn from the ex-Uber CSO verdict.

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