The chairman of the Securities and Exchange Commission, Jay Clayton, promised the Senate banking committee Tuesday that his agency is pursuing numerous cybersecurity improvements in the wake of a May 2016 breach.
Aetna will move from passwords to continuous behavioral authentication next year on its consumer mobile and web applications for better security and end-user experience, says Jim Routh, the health insurer's CISO.
"Big four" accounting firm Deloitte suffered a breach last year that may have exposed 5 million internal emails as well as usernames and passwords, client information and health details, the Guardian reports.
Organizations that must comply with Europe's GDPR need to identify gaps in their ability to meet various requirements, including making prompt breach notifications and gaining consumers' consent to store their data, says Sunil Chand of Grant Thornton.
All the key players of a company's management group, including the CISO, need to be involved in the decision about whether to invest in cyber insurance, says Greg Markell of Ridge Canada Cyber Solutions, a cyber insurer.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
While India's cashless initiative is being spearheaded by the government, all development and design undertaken by all stakeholders needs a common testing process to plug the security and fraud gaps in the ecosystem, says DCB Bank's Prasanna Lohar.
The chairman of the U.S. Securities and Exchange Commission will face the Senate Banking Committee next week following the agency's belated disclosure that in May 2016, hackers stole secret market data from the SEC's systems and apparently used it for "illicit gain through trading."
In today's dynamic threat landscape, "real-time" is the operative phrase - and it needs to apply both to threat detection and incident response, says Tim Bandos of Digital Guardian. What are the required security controls and tools?
Hackers behind the mega-breach at Equifax stole data in May, but they - or other attackers - penetrated the credit bureau's systems in March, exploiting a vulnerability for which Apache Struts had issued a patch, just four days prior.
Because a growing number of organizations in India are being hit by cyberattacks, the case for buying cyber insurance appears to be stronger than ever. Nevertheless, security experts say only a handful of the largest companies have made the investment in this insurance so far. Why is that the case?
Are organizations making the same security mistake with APIs today that they made with their websites 10 and 20 years ago? Jeffrey Costa of Akamai Technologies says yes and offers insight on securing and caching APIs.