Lawsuits sparked by massive data breaches at Yahoo - and the company's failure to report those breaches to investors in a timely manner - could soon be resolved. Plaintiffs and defendants say they have committed to a $47 million deal that they expect to submit for court approval within 45 days.
Attack code known as EternalBlue, designed to exploit a Windows SMB flaw, continues to work for attackers despite Microsoft having issued patches more than a year ago. One major U.S. business was a recent victim as part of a cryptocurrency-mining malware campaign, a researcher reports.
Intel has had a challenging time lately on the vulnerability front. It has issued yet another patch for its Management Engine after a researcher was able to extract two types of encryption keys. The problem was a repeat of one that Intel patched just last year.
The threat landscape is changing as the industrial internet of things radically broadens the attack surface for critical infrastructure, says Kenneth Carnes, CISO for the New York Power Authority, who discusses how to address the shift.
Russian national Andrei Tyurin, who's been accused of hacking into JPMorgan Chase's network in 2014 and stealing personal information on more than 83 million customers, has been extradited to the U.S. He was allegedly part of a group that hacked into brokerages, news firms, a risk intelligence company and others.
British Airways has been threatened with a class-action lawsuit in U.K. court after warning that a hacker stole payment card data associated with 380,000 transactions. A law firm says that under GDPR, the airline should compensate victims for "inconvenience, distress and misuse of their private information."
British Airways is warning customers that it suffered a hack attack that compromised up to 380,000 customers' payment cards as well as personal data over a 15-day period. The airline says it was alerted to the breach by a business partner that monitors its websites.
Organizations should be on guard for attacks involving an apparent variant of Hermes ransomware - dubbed Ryuk - that attempts to encrypt network resources. It has already victimized several global organizations in the U.S. and elsewhere, according to a federal alert, which offers mitigation advice.
The latest edition of the ISMG Security Report features Barbara Simons, co-author of the book "Broken Ballots," discussing why she believes it's a "national disgrace" that some states are relying on computer voting with no provision for recounts. Also: Update on breach lawsuit against Premera Blue Cross.
The new India Post Payments Bank will take banking to the doorstep by using India's mammoth network of post offices. Postmen will perform digital transactions on their phones. That's raising concern among security leaders, who recommend adopting defense-in-depth security.
Unknown attackers are intercepting every piece of data handled by more than 7,500 routers made by MikroTik, while also using another 239,000 compromised routers to serve as proxies, researchers say. It's a continuation of a wave of attacks that exploit a vulnerability patched by MikroTik in April.
The Reserve Bank of India, the nation's central bank, is launching a number of efforts to help bolster the cybersecurity of banks. Those include encouraging banks to use access control management and install security operations centers. But critics say the measures aren't bold enough and offer other suggestions.
Keeping endpoint security up to date is a struggle for small to mid-sized companies that have less resources than larger companies, yet have the same risk of attack. And that risk is only increasing. In 2017, the number of ransomware attacks increased by 30x and the number of breaches increased by 40%.
A recent incident involving a chronic care management company spotlights how paying a ransom to recover decryption keys from ransomware attackers can put sensitive data at additional risk. Security experts offer insights on how to prepare for the many challenges posed by attacks.