Australia's Commonwealth Bank has confirmed that two magnetic tapes containing transaction information for 19.8 million accounts went missing two years ago after mishandling by a subcontractor. A forensic investigation concluded the tapes were likely destroyed, and no fraudulent activity has been detected.
Despite the buzz about digital transformation, most enterprises remain overwhelmed by having to support and secure legacy technologies, says Mark Loveless of Duo Security. How can they simultaneously protect their legacy systems while securing their future?
Organizations in all sectors need to strive to adopt a standardized approach for ensuring that security is built into internet of things devices at the design phase, says Vinod Kumar, CEO and managing director at Bangalore-based Subex, a telecom analytics solutions provider.
What matters most, right now, to the information security community? At RSA 2018, RSA's president said WannaCry was a wakeup call for vulnerability and risk management. Other experts see artificial intelligence, machine learning and secure coding as hot trends.
New PCI requirements that go into effect June 30 are pushing payment card acquirers, processors, gateways and service providers worldwide to implement more secure encryption protocols for transactions. But are they ready?
Following in Google's footsteps, Amazon has closed a technical loophole that helped some online services evade censorship filters, but which was also abused by cybercriminals. Collateral damage is already being felt by the likes of Signal, a popular, encrypted-messaging app blocked by some governments.
Organizations that procure cybersecurity services are increasingly looking not just for private cloud-based approaches, but products that operate from public cloud environments, says Larry Hurtado, CEO of Digital Defense.
At a time when so many new devices are connected to enterprise networks, security leaders struggle just to inventory the devices - never mind secure them. Nathan Burke, CMO of Axonius, a new device management vendor, discusses the niche Axonius fills.
Monica Jain has a lot of experience in security operations centers, and she knows much of the tribal knowledge there is not automated or shared. That's why she co-founded LogicHub, a new intelligence automation platform.
Mark Jaffe is less concerned about how adversaries breach networks, but more concerned about how to secure their actual target - critical data. His startup company, Allure Security, intends to help secure that data.
Fitbit and Google say they are collaborating to accelerate innovation and "transform the future" of digital health and wearables, leveraging cloud computing. Some observers, however, say the partnership also raises privacy, security and patient safety questions.
Banks and other financial services sector organizations need to pay more attention to their security infrastructure and defenses and apply application security safeguards to monitor all of their data - as well as individual files, says Terry Ray, CTO of Imperva.
How do we establish and maintain digital trust without burdening our users? What are the critical questions that need to be addressed by anyone managing identity and access management in a modern enterprise? David Duncan of CA Technologies offers answers to these questions.
Jan Koum, WhatsApp's co-founder, is leaving Facebook. His departure marks another exit of a high-level privacy and security advocate. If Facebook continues to lose those who could better influence the social networking site's worrying views toward user data, what does that mean for the rest of us?
Mexico's central bank says attackers attempted to hack its interbank electronic transfer system, but says no client money was lost. It's activated "contingency measures" at the targeted banks and says payment transfers could slow as a result.
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