What trait does a global cyberattack and a hurricane share? Both could cost insurers - and victims - dearly. In a new report, Lloyd's of London estimates that a major cloud services attack could trigger $53 billion in losses and cleanup costs.
Demands by politicians that people must be willing to surrender their privacy rights to help security services battle cybercrime are shorthand for governments having significantly underinvested in the required resources, says information security expert Brian Honan.
A discussion on the latest happenings in the darknet marketplace leads the latest edition of the ISMG Security Report. Also, getting to the bottom of Russia's Democratic Party hack could be the ultimate goal of a lawsuit filed against the Donald Trump presidential campaign.
Ashley Madison wants to put that sordid data breach affair behind it. Parent company Ruby Life has reached an $11.2 million settlement agreement with the plaintiffs behind two dozen U.S. class-action lawsuits - since consolidated - lodged in the wake of its massive 2015 breach.
The plaintiffs who are suing Donald Trump's presidential campaign for conspiring with Russia and WikiLeaks over disclosing their private information stolen from Democratic Party computers could declare a moral victory even if they lose their case. Could exposing the truth be their ultimate goal?
A new report into the state of consumer routers by Carnegie Mellon researchers is unsparing in its criticism: It's a market of lemons, and virtually all of the test models had security problems. What's the solution?
New cybersecurity legislation under consideration in Singapore would make it mandatory for owners of critical information infrastructure to report security breaches within hours and require cybersecurity vendors providing highly sensitive services to be licensed.
London-based health insurer Bupa Global is warning international policyholders that a breach affecting 547,000 customers - with data showing up on darknet marketplace AlphaBay for sale - traces to a now-former employee.
The world's largest darknet marketplace, AlphaBay, is offline following raids as part of a joint U.S., Canadian and Thai investigation. One of the site's alleged founders was found dead Wednesday in a Bangkok jail cell.
Organizations need to take a well-considered, structured approach to integrating IoT into existing information risk management processes to address security, Gartner's Ganesh Ramamoorthy explains in an in-depth interview.
Leading the latest edition of the ISMG Security Report: a report on FBI Director-Designate Christopher Wray's admission that he faces a steep cybersecurity learning curve. Also, the U.S. government restricts use of Moscow-based Kaspersky Lab Software. Is that a smart move?
As the global threat landscape shifts, so does Kaspersky Lab. Moving from its traditional cybersecurity focus, Kaspersky now is honing in on fraud prevention. Emma Mohan-Satta describes this shift and what it means for security and anti-fraud leaders.
Verizon has apologized to customers after a contractor failed to secure an Amazon Web Services S3 bucket, leading to the exposure of data relating to 6 million accounts. But it's unclear if Verizon plans to notify customers whose data and accounts might be at risk.