The Reserve Bank of India's "New Umbrella Entity" initiative, designed to support a digital retail payments system similar to National Payments Corp. of India, would be a game-changer to boost digital innovation in the payments industry, according to a panel of experts.
A recent ransomware attack on a provider of software used by firms involved with COVID-19 vaccine development and other drug clinical trials illustrates increasing cyberthreats facing medical industry supply chain partners.
Organizations around the world must build stronger cyber resilience programs to help ensure they can bounce back from cyberattacks, says Craig Rice, group director of cyber resilience at Aviva, a British multinational insurance firm, who describes how regulatory requirements will evolve.
Using intrusive technologies to check staff behavior in an effort to fight against supply chain fraud is ineffective, says Richard Dailly, managing director in Hong Kong at the security firm Kroll, who explains why.
Privacy regulators in Germany have slammed clothing retailer H&M with a $41 million fine for collecting and retaining private employee data in violation of the EU's General Data Protection Regulation. H&M has apologized, instituted changes and promised to financially compensate employees.
Organizations in all sectors need to end "the dichotomy between privacy and security" and avoid a checklist approach to privacy protection, says digital ethics expert Ivana Bartoletti, who explains why ensuring customers' privacy is essential to a company's survival.
To help ensure security as India moves to digital payments, enterprises need to educate their customers to help them understand potential risks and take the right precautions, says payments expert Navin Surya.
Eight months after Microsoft issued a critical security update fixing a remote code execution flaw in Exchange Server, more than half of these mail servers in use remain vulnerable to exploits, according to the security firm Rapid7.
Among the most malicious and potentially dangerous cyber incidents affecting the healthcare, energy and other sectors are evolving "distruptionware" attacks - including ransomware - that aim to shut down businesses, says retired FBI agent Jason G. Weiss.
The latest edition of the ISMG Security Report analyzes cybersecurity firm McAfee's plans to again become a publicly traded company. Also featured: 'Zero trust' strategic insights and an IoT security flaw saga.
Death via a thousand paper cuts? The U.S. government hasn't been able to arrange a domestic court date for whistleblower Edward Snowden, but via the courts, it's successfully been awarded $5.2 million in his book royalties and revenue from speaking engagements.
U.S. President Donald Trump's positive COVID-19 test result may expose the country to increased nation-state mischief. And without a doubt, scammers, fraudsters and disinformation teams will attempt to exploit the news for their own goals.
In this year of accelerated transformation, many enterprises have adopted and adapted to software-defined networking. Daniel Schrader of Fortinet and Daniel Cooke of Vandis discuss how they have partnered to empower networking transformation.
As Universal Health Services continues to recover from an apparent ransomware incident last weekend that affected system access for hundreds of its facilities, security experts say others can learn important lessons from the company's experience.