The Capital One data breach is in early stages of remediation. Art Coviello, former chair of RSA, which was breached in 2011, shares first-hand insight on steps the breached institution and its CEO should be taking now.
National Australia Bank says it is contacting 13,000 customers after personal account data was uploaded without authorization to two data service providers. The bank, which apologized, says the data has been deleted and was not disclosed further.
Data breach costs continue well after the initial year, according to the latest IBM/Ponemon Institute,"Cost of a Data Breach" report. Limor Kessem of IBM Security shares details of the study.
When leveraging AI and machine learning to drive banking innovations, it is essential to take a structured approach in implementing security-by-design for conducting proper risk assessment of the organizations and people involved, says Sameer Ratolikar, CISO, HDFC Bank
The latest edition of the ISMG Security Report offers a deep dive on the debate about whether law enforcement officials should have a "backdoor" to circumvent encryption. Also featured: An analysis of Equifax's settlement with the FTC and a discussion of a new report on the cost of data breaches.
The U.S. Justice Department and the Federal Trade Commission officially announced a privacy settlement with Facebook that includes a record-setting $5 billion fine. As part of the agreement, CEO Mark Zuckerberg must submit quarterly and annual reports to show that the company is in compliance with the FTC order.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.
The Ministry of Home Affairs recently released a document on information security best practices for government officials. While emphasizing the basics is a good move, much more needs to be done.
Bulgaria's national cybercrime unit has arrested a 20-year-old local man for his alleged role in breaching the country's tax servers and exposing the financial details and other personal data of nearly 5 million citizens, according to news media reports.
Software vulnerabilities sometimes have an uncanny knack of revealing themselves, even when a bug hunter is looking someplace else. Sam Curry's probing eventually revealed a cross-site scripting flaw in a Tesla service, which netted him a $10,000 bounty.
The Insurance Authority of Hong Kong has issued cybersecurity guidelines - including data breach reporting requirements - with a compliance deadline of January 2020. What else is now required?
The U.S. Coast Guard has issued an alert about an increase in malware attacks targeting the networks of commercial vessels. It's warning ship owners to take more cybersecurity precautions.
Canonical Ltd., a British company that offers commercial support and services for the popular Ubuntu Linux open source operating system, is investigating a hack of its GitHub page over the weekend. The source code for the system was not affected, the company says.
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