Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.
Equifax says four senior executives - including its CFO - did not know the company had suffered one of the worst breaches in history when they collectively sold about $1.8 million worth of shares. Equifax's board found that 12 days elapsed before the first of the four learned about the hack.
Nearly 50,000 personal records relating to Australian government employees as well as the employees of two banks and a utility were exposed to the internet due to a misconfigured Amazon storage server. The episode is the latest in a string of large breaches to hit Australia.
Thom Langford, CISO of Publicis Groupe, says all companies should consider two essential elements when crafting an incident response plan: strong legal representation and a communications plan that considers both internal and external messaging.
The U.S. Justice Department has identified at least six members of the Russian government that investigators believe orchestrated last year's hack of Democratic National Committee computers and dumping of stolen information and may file charges next year, the Wall Street Journal reports.
"Are we vulnerable to the attacks that are being reported in the media?" All CEOs and boards of directors should be asking that question of their information security team to ensure they don't suffer the same fate - especially when it comes to ransomware outbreaks, says David Stubley of 7 Elements.
Malaysia is grappling with a sweeping data breach that exposed 46 million mobile phone records, job seeker profiles and data from medical organizations. The breach, which may have occurred in 2014, is the largest Malaysian breach to ever become public.
To help prevent breaches caused by third parties, organizations need to improve their vendor risk evaluation methods, carefully assessing their business partners' processes and risk mitigation methods, says Anuj Tewari, CISO of HCL Technologies.
The latest edition of the ISMG Security Report leads with an analysis of a British parliamentary probe into the WannaCry ransomware attack on England's National Health Service. Also featured: a discussion of cyber threats posed by outdated industrial systems.
Former Trump campaign aide George Papadopoulos learned that Russia had thousands of pilfered emails containing "dirt" on Hillary Clinton three months before they appeared online, according to court documents.
Security officials at Britain's biggest airport have been left scrambling after a USB stick that reportedly contained sensitive information was found on a London street. Heathrow Airport says it has launched an investigation and is working with London's Metropolitan Police.
Organizations can reduce the impact of inevitable data breaches by properly training staff to handle all the key response steps, says Parag Deodhar, CISO for Asia Pacific at Axa Group, a multinational insurance firm.
The National Health Service in England should have been able to block the "unsophisticated" WannaCry ransomware outbreak, U.K. government auditors have found. Security experts say the findings should be studied by senior executives across all industries to "learn from the mistakes of others."