The Monetary Authority of Singapore, the nation's central bank, has mandated that financial institutions comply with risk management guidelines within the next 12 months in an effort to strengthen the cyber resilience of these organizations.
Australia's fair trading regulator says it's seeking penalties against HealthEngine, an online platform for booking medical appointments, for allegedly selling patient details to private health insurance brokers without disclosure and embellishing patient reviews of healthcare providers.
A little over a week after a breach at Capital One was revealed, more U.S. lawmakers are raising questions about what happened at the bank, including what role, if any, Amazon may have played in opening the door to the intrusion.
The Indian government is putting pressure on WhatsApp to develop a mechanism to trace the origins of fake messages that threaten the nation's security. Will WhatsApp take action? And what do security experts say about the feasibility?
Monzo, a U.K. mobile-only bank that plans to expand into the U.S., alerted about 480,000 customers to change their PINs this week after the company's security team found that a software bug meant some numbers were stored unencrypted in plaintext.
Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
To leverage blockchain for identity management at the enterprise level, CISOs first need to form a governance structure, says Prasanna Lohar, head of innovation at DCB Bank, a private banking company in India, who describes all the necessary steps.
Through hundreds of millions of selfies, the small Russian company behind FaceApp has likely created one of the largest private troves of geometric and facial landmark data - on the scale of Google and Facebook. The viral app has turned into an intellectual property boon.
The U.S. Department of Defense has purchased IT gear known to have significant cybersecurity vulnerabilities, according to a new inspector general audit, which also highlights concerns about the use of equipment manufactured in China.
The Government of India is discussing a plan to change its data localization stance, allowing companies to store only critical data locally. Some observers support the idea, while others ask the government not to "give in to pressure" from Western lobbyists.
In what's likely the first of many investigations, the New York attorney general's office announced late Tuesday that it's launching a Capital One probe following the disclosure that over 100 million U.S. residents had their personal data exposed in a breach. Meanwhile, class action lawsuits are looming.
The cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long and if the bank was adequately monitoring administrator accounts.
The Los Angeles Police Department is investigating a possible data breach that appears to have exposed the personal information of about 2,500 full-time officers, as well as records related to 17,500 potential police candidates, according to local news media reports.