Gartner says that India's security spending will grow by 8.3 percent this year and will rise even higher in 2016. Security leaders say these investments are mapped to address business risks and threats.
Sony Pictures Entertainment has reached a tentative deal to settle a class-action lawsuit filed against it, stemming from its 2014 data breach, which resulted in the leak of personal information for up to 50,000 employees.
More hackers are exploiting remote-access and network vulnerabilities, rather than installing malware to invade networks and exfiltrate data, says Dell SecureWorks' researcher Phil Burdette. That's why conventional breach-detection tools aren't catching the intrusions.
Policymakers must consider three factors before imposing sanctions in retaliation for state-backed hacks: Confidence in its attribution of responsibility, the impact of the incident and the levers of national power at a state's disposal.
International law enforcement agencies are warning banking institutions and businesses about extortion attacks being waged by an entity known as DD4BC, or DDoS for Bitcoin. They're advising organizations not pay any ransom and to notify their ISPs and law enforcement officials of any threats.
Information security experts offer two timely Apple iOS device reminders: First, never jailbreak the devices. Second, enterprise security managers must ensure that they ruthlessly block any jailbroken devices from accessing corporate networks because they pose a security risk.
Former U.S. Secret Service agent Shaun W. Bridges has pleaded guilty to stealing $820,000 worth of bitcoins during the U.S. government's investigation into the underground narcotics marketplace known as "Silk Road."
Because of commercial and governmental pressure to increase the use of electronic banking, cybersecurity risk is now the biggest challenge facing Singapore's financial institutions, says Lena NG of Clifford Chance.
Underground cybercrime forums continue to evolve, offering services ranging from cybercrime toolkits and money laundering to bulletproof hosting and a service that reviews exfiltrated data for corporate secrets, says cybersecurity analyst Tom Kellermann of Trend Micro.
Beyond APT30, another advanced threat group appears to be at work in India and the SEA region, targeting critical information assets. However, APT resiliency is not yet a part of the security lexicon, experts say.
The FBI has arrested a former manager at Machine Zone, which makes the multiplayer "Game of War: Fire Age," over allegations that he attempted to bargain sensitive corporate information for a better severance package.