One of the most alarming breaches of 2015, involving Hong Kong toymaker VTech, has resulted in a $650,000 settlement with the U.S. Federal Trade Commission. It's a warning that internet of things security shortcomings - especially involving children's personal data - will have business consequences.
Dave DeWalt, former CEO of McAfee and FireEye, identifies the next generation of cybersecurity threats in the latest edition of the ISMG Security Report. Also featured: an analysis of the recent news of the Meltdown and Spectre microprocessor flaws and the POS malware attack on retailer Forever 21.
After news of yet another apparent Aadhaar-related data breach, some security experts are once again calling for the government to substantially beef up security for the identification system.
It's been nearly one year since Dave DeWalt walked away from FireEye, where he served as CEO. The veteran security leader has a new role and some candid insights on the state of enterprise cybersecurity defenses.
Personal details for 30,000 Medicaid recipients in Florida may have been exposed after a government employee fell victim to a phishing attack, state officials warn. The information could potentially be used to file false Medicaid claims.
"While we do a lot to protect our networks, endpoint solutions need more attention," says Sapan Talwar, CEO at Aristi Ninja, who calls for more widespread use of advanced deception technologies.
Security teams are scrambling to put in place fixes for the Meltdown and Spectre flaws. But Windows users report that Microsoft's security fix for the flaws has been freezing some PCs built with CPUs from chipmaker AMD. Here are workarounds.
The U.S. Department of Homeland Security says nearly 250,000 federal employees' personal details were exposed in a 2014 breach of its Office of Inspector General's case management system. Witness testimony and an unknown number of nonemployees' personal details also were exposed.
An analysis of how unprepared businesses are to fight back against the continued problem of ransomware is featured in the latest edition of the ISMG Security Report. Also featured: outlooks for health data breaches and other cybersecurity trends in 2018.
Microprocessor makers Intel, ARM and AMD, as well as operating system and software developers and makers of smartphones and other devices, are rushing to prep, test and ship fixes for the serious CPU flaws exploitable via Meltdown and Spectre attacks.
"Replace CPU hardware" might be the only full solution listed by CERT/CC for serious flaws in microprocessors that run millions of PCs, cloud services, servers, smartphones and other devices. Thankfully, many security experts believe patches and workarounds will mostly suffice.
CISOs need to precisely tailor their risk management strategies to protect the specific high-value assets of their organization; a broad-brushed approach will never work, says UK-based Kelly Bissell, managing director and global lead, Accenture Security.
Apparel retailer Forever 21 says point-of-sale systems in some stores were infected by malware for up to seven months, leading to the theft of customers' payment card data. The retailer says deactivated encryption technology on some POS devices exacerbated the severity of its breach.
Automation will continue to play a key role in incident response, but companies still need to get their basics right, says Vinod Nair, vice president at Barclays.
Ransomware has ascended, by some estimates, to a $1 billion industry. Although the FBI advises against paying ransoms, some organizations see it as the quickest way to recovery. Michael Viscuso of Carbon Black says that the larger problem is a failure to defend networks.
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