Dow Jones has dismissed a competitor's report, which claims that attackers operating from Russia hacked into the company's servers and stole sensitive financial information for insider-trading purposes.
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?
Dr. A S Ramasastri, IDRBT's director, says the enterprise security leader's office needs to be strengthened and empowered to tackle new threats and growing cyber espionage with an appropriate risk-based strategy.
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
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.
The information security field has done a poor job of attracting and retaining women, contends Jo Stewart-Rattray, international director of ISACA, who emphasizes the need for mentoring as well as salary equity.
Indian enterprises must strengthen their capabilities to secure Digital India. To combat emerging threats, security leaders prescribe a self-regulatory approach, rather than one driven by compliance mandates.
Newly discovered breaches at E*Trade Financial and Dow Jones highlight hackers' increasing attempts to steal, sell and utilize personal information. Security experts describe PII's value for fraudsters and scammers and offer lessons learned from these and other incidents.
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."
Financial services firm E*Trade and publisher Dow Jones are separately warning their customers and subscribers that their personal information - and in some cases, payment card data - may have been compromised in a cyberattack campaign.
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.