Someone green-light this drama: Sony, after suffering a massive data breach that led to the leak of personal information and embarrassing corporate emails, has agreed to a data-breach settlement worth up to $8 million.
European criminals combined cannibalized EMV chips from stolen cards with miniature microprocessors to build fake payment cards that defeated POS security checks, enabling them to steal as much as $680,000, French researchers say.
Although cybesercurity awareness is growing in India, the nation is not making all the right moves, says Dinesh Bareja of the OpenSecurity Alliance and India Watch. Even as threats evolve and multiply, old challenges remain and are making themselves more keenly felt, he argues.
Kerala Police plans to establish CyberDome, a high-tech public-private partnership center for cybersecurity and innovation to fight online crime. Critics raise concerns on its modus operandi and also recommend the agenda.
Attributing cybercrime to specific criminals is becoming increasingly critical, says Eward Driehuis of threat intelligence firm Fox-IT. Using the elusive Dridex campaign as an example, Driehuis explains in this video interview how many malware attacks are interconnected.
Apple has removed hundreds of apps from its App Store for violating its user-tracking guidelines. Chinese mobile advertising firm Youmi has issued "sincere apologies" for the tracking behavior and promised to compensate affected developers.
EastWest Institute's Bruce McConnell says cybersecurity is not a technology problem, but a matter of risk management. And varied factors are involved in developing a cybersecurity ecosystem as part of the Digital India program.
A curious case of fraud has come to light at Kotak Mahindra Bank, where fraudsters misused credit cards that the bank says it never issued. What will investigations reveal about how fraudsters accessed this data? Who is liable?
Unprecedented levels of collaboration among targeted financial services firms enabled the international law enforcement operation that disrupted the Dridex botnet, security firm Fox-IT says. Now, can that model be repeated going forward?
An international law enforcement operation - spearheaded by the U.S. FBI and U.K. National Crime Agency - has disrupted the notorious Dridex banking malware and phishing campaign, which has been tied to at least $40 million in losses worldwide.
Dell's announcement that it plans to purchase storage maker EMC for a mind-boggling $67 billion does not make clear the fate of EMC's information security unit, RSA. Analysts believe Dell has not yet determined whether RSA fits into its long-term plans or should be sold or spun off.
Security researchers have demonstrated in a lab setting an information-stealing attack against Amazon Web Services users. But Amazon says its customers "using current software and following security best practices are not impacted by this situation."
Potomac Institute's Melissa Hathaway suggests that Modi's Digital India should define security strategy in economic terms, and should include best practices from different nations to build a resilient cyber defense.