Companies in India are increasingly automating more SOC functions because they lack skilled staff, says Neri Zin, vice president, APAC, at Cyberbit. And many are turning to MSSPs for help.
Leading the latest edition of the ISMG Security Report: U.S. intelligence chiefs warn Congress that Russia's information operations continue, while Europol says criminals love cryptocurrencies, both for stealing via scams as well as to launder "dirty money."
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.
After suffering one of the worst data breaches in history, in which 145.5 million U.S. consumers' personal details were stolen, credit bureau Equifax has hired Jamil Farshchi to serve as its new CISO. Farshchi joins from Home Depot, which hired him after suffering a massive data breach.
Following the online attack against the opening ceremonies of the Olympic Winter Games in South Korea, some pundits were quick to guess that Russia was involved. But some attribution experts call the rush to attribute any cyberattack premature or even "irresponsible."
Hackers crashed the Winter Olympics, apparently by using destructive malware dubbed "Olympic Destroyer." The attack resulted in the Pyeonchang 2018 website being offline for 12 hours and WiFi unavailable during the opening ceremony, but organizers say no competitions were disrupted.
Equifax says that its digital forensic investigators have found that while its tally of 145.5 million U.S. breach victims hasn't changed, more of them had their email addresses, tax identification numbers and driver's license information exfiltrated.
Illegal transactions on the internet have long been conducted in the cryptocurrency bitcoin. But underground vendors are accepting new kinds of virtual currency that may be safer to store and offer more privacy protections, according to a new study of 150 dark web markets and forums.
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.
Concerns are already being raised about a law passed by Singapore's parliament Monday that establishes an information sharing platform by appointing a commissioner of cybersecurity to obtain confidential information from owners of critical information infrastructure about their security postures.
Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies. The partnership follows increasing interest in cyber insurance as a hedge against hacking risks.
More organizations in the APAC region that are taking advantage of cloud-based services are demanding cloud security access brokers capabilities for better visibility and data security, says Sid Deshpande, principal analyst at Gartner.
Blockchain technology already underpins the boom in cryptocurrencies, but it is also being rigorously tested and developed for other applications, including identity and access management. Such projects could make personal data easier to secure and less vulnerable to data breaches.
Orwell got it wrong: People are less likely to surrender their privacy to a totalitarian state than to the lure of sharing holiday snaps, cat videos or the route and time they took for their latest cycling, jogging or kiteboarding outing, as captured by a wearable fitness device.
A year ago, the finance ministry announced plans to form a CERT-Fin. But this year's budget presentation made no mention of the project. Security experts discuss the reasons for the sluggish launch.
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