Police in India have launched a formal investigation of a malware attack on a Cosmos Bank ATM server that enabled attackers to siphon off US$13.4 million. Security experts say the incident raises many questions.
A lawsuit accuses Google of "the surreptitious location tracking of millions of mobile phone users." The legal action was sparked by a report demonstrating that some Google apps tracked and time-stamped users' locations even if a user deactivated the "location history" setting.
With the U.S. midterm elections approaching fast, Microsoft says it's seized six domain names tied to "Fancy Bear," a hacking team widely believed to be part of Russia's military intelligence agency, amplifying concerns that Moscow's election interference efforts continue.
Upcoming enterprise IoT ecosystems and conventional OT networks share similar security challenges, and as the two converge, organizations need to re-evaluate core security processes, says Richard Bussiere of Tenable Network Security.
A federal judge in California has given final approval to a $115 million settlement involving health insurer Anthem over its 2015 data breach. The settlement is the largest ever reached in a data-breach related class action suit, but most victims will see no money.
It's déjà vu "FBI vs. Apple" all over again, as Reuters reports that the Justice Department is seeking to compel Facebook to build a backdoor into its Messenger app to help the FBI monitor an MS-13 suspect's voice communications.
An Australian teenager was such a fan of Apple that he hacked into the technology giant's mainframe, according to media reports. The teen has pleaded guilty to stealing 90 GB of sensitive information. But Apple says no customers' personally identifiable information was exposed.
U.S. President Donald Trump signed a presidential order on Wednesday that revokes a set of Obama-era guidelines for offensive cyber operations, The Wall Street Journal reports. The policy change may satisfy critics who contend the U.S. should be able to move faster, but it raises risks of escalating cyber conflict.
The best way to take a holistic approach to the current threat landscape is to define security issues as business problems and then put the problem before the solution - not the other way around, contends RSA CTO Zulfikar Ramzan.
Malware detection needs to shift to detecting anomalous behavior, rather than depending on signature-based detection technologies to deal with such threats as sandbox-evading malware, says Verizon's Ashish Thapar.
While IT and OT integration has brought about new levels of operational efficiency, it has also introduced serious cyber risks that conventional IT security approaches might fail to address, says IBM Security's Paul Garvey.