Massive data brokers - Equifax, Experian, Illion and others - are leveraging Australia's electoral roll, which is a tightly held and valuable batch of data. While this little-known practice might sound alarming, in fact it's required under Australia's anti-money laundering and anti-terrorism rules.
The Reserve Bank of India intends to do away with the one-time password authentication process for online transactions. In a step in that direction, for the first time, it's allowing widespread tokenization of debit, credit and prepaid card transactions to enhance the safety of digital payments.
Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5 million and must use encryption and tokenization to protect card data.
On Wednesday, just days after a new "cybersecurity" law took effect, Vietnam alleged that Facebook has violated the law by allowing users to post anti-government comments on the platform. The so-called cybersecurity law actually speaks little about IT security measures.
Although the Reserve Bank of India mandated that banks complete the shift from magnetic stripe debit and credit cards to EMV chip-and-PIN cards by Jan. 1 to help reduce fraud, there's still plenty of work to be done.
Efforts to protect privacy must be carefully balanced against the need to practically implement advanced technologies, argues Jared Ragland, senior director for policy in APAC at BSA/The Software Alliance, an advocacy group for software companies.
As India's Parliament prepares to finalize a privacy and data protection law in the weeks ahead, there's still no consensus among security practitioners about what approach the legislation should take. But the government should ensure all companies comply with clearly defined standards - or face punishment.
Although CERT-In says the hacking of Indian websites declined dramatically this year, based on reports it has received, some security experts argue that many hacking and other cybercrime incidents are never reported.
How can internal audits be improved and made more meaningful? Prasanna Bharatan, internal auditor at the pharmaceutical company Wockhardt, outlines the important steps to take.
Is there anything better than being offered one year of "free" identity theft monitoring? Regularly offered with strings attached by organizations that mishandled your personal details, the efficacy and use of such services looks set for a U.S. Government Accountability Office review.
Marriott's mega-breach underscores the challenges companies face in securing systems that come from acquisitions as well as simply storing too much consumer data for too long, computer security experts say. Meanwhile, the hotel giant has yet to answer many pressing data breach questions.
A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
Radisson Hotel Group has suffered a data breach that resulted in the theft of data for its global loyalty program members. The company, which operates 1,400 hotels, says the breach touched data for "less than 10 percent" of all Radisson Rewards members, but it hasn't released a victim count.
Memo to hackers: Boasting about your exploits on social media channels is a good way to get caught. Indeed, Italian police say they busted a suspected hacker after he bragged not only about defacing the NASA home page but also about being part of a group calling itself "Master Italian Hackers Team."
The fight against fraud in a cashless economy requires investments in technologies that can offer early warning signals, says Bharat Panchal, senior vice president and head of risk management at National Payment Corporation of India.
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