A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
Those concerned about the security of India's Aadhaar biometric ID are pleased that the Supreme Court has ruled that linking Aadhaar numbers to bank accounts, payment cards and mobile phones cannot be mandatory until security issues are adequately addressed.
Leading the latest edition of the ISMG Security Report: President Trump has not authorized the National Security Agency to go after Russian election hackers at the source. Also, 23,000 digital certificates get revoked after their private keys get leaked, and an analysis of deception technologies.
Digital certificate vendor Trustico is sparring with DigiCert, which recently took over Symantec's digital certificate business, over a serious security incident. The private keys for at least 23,000 Trustico digital certificates have been compromised, prompting a scramble to protect affected websites.
An analysis of a massive 8.8 GB trove of files containing usernames and plaintext passwords suggests hundreds of services may have experienced unreported or undiscovered data breaches. Data breach expert Troy Hunt says the trove of 80 million records appears to contain fresh data.
Certificate authorities continue to be tricked into issuing bogus TLS certificates. A study by Recorded Future found that at least three underground vendors can supply fraudulent TLS certificates, which pose serious risks to data security and privacy.
In an exclusive, in-depth analysis, a panel of security experts concludes that India's recent Aadhaar data security conundrum, resulting in identity theft and data breaches, was due to poor implementation of security, monitoring and authentication mechanisms.
Google is prepping its Chrome browser to brand as "not secure" every site a user tries to visit that does not use HTTPS encryption by default. The move is meant to push more sites to use HTTPS to secure communications and help block eavesdropping and man-in-the-middle attacks.
An analysis of FBI Director Christopher Wray's comments about how encryption poses complications for law enforcement officials leads the latest edition of the ISMG Security Report. Also featured: The former CISO of the state of Michigan sizes up cybersecurity forecasts.
Following the alert over Meltdown and Spectre vulnerabilities, the U.K. Information Commissioner's Office is warning that failures to patch today could be punished with fines under GDPR once enforcement of the data protection law begins later this year.
FBI Director Christopher Wray says the agency was unable to access nearly 7,800 devices in fiscal 2017 because of encryption, which he alleges will pose ever-increasing complications for law enforcement. The FBI doesn't want a backdoor, he says, but rather a "responsible" solution to allow lawful access.
Apparel retailer Forever 21 says point-of-sale systems in some stores were infected by malware for up to seven months, leading to the theft of customers' payment card data. The retailer says deactivated encryption technology on some POS devices exacerbated the severity of its breach.
The exponential increase in encrypted internet of things traffic over the next few years will change security dynamics because most security solutions cannot process encrypted traffic, contends Sanjay Gangadharan of A10 Networks
The steady stream of new reports about years-old breaches continues as Imgur, the popular photo-sharing service, belatedly warns that it suffered a breach in 2014 that compromised 1.7 million users' accounts.
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