Italy's data protection regulator has slapped a $1 million fine on Facebook for mismanaging user data and precipitating the Cambridge Analytica debacle. But that pales by comparison to the the fine that's reportedly still being weighed by the U.S. Federal Trade Commission.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.
A former Equifax CIO who sold his stock in the company after learning about its 2017 data breach several months before the public and government agencies were informed has been sentenced to four months in prison for insider trading. Another former Equifax executive was sentenced on similar charges last year.
The firmware of more than 500 Huawei networking products is riddled with security weaknesses that make the vendor risky to use for 5G networks, a new report contends. The study analyzed more than 9,000 firmware images in 558 enterprise products from the Chinese company.
The latest edition of the ISMG Security Report discusses Cloudflare's harsh criticism of Verizon over an internet outage it labeled as a "small heart attack." Plus: sizing up the impact of GDPR; reviewing highlights of the ISMG Healthcare Security Summit.
An effective third-party risk management program starts with asking the right questions, says Brad Keller, chief strategy officer and senior vice president at the Santa Fe Group, a strategic advisory company, who spells out key issues to address.
The India parliament is considering a new Aadhaar amendment bill that would introduce a host of changes in line with the Supreme Court's decision that Aadhaar cannot be made mandatory for identification and authentication for certain private-sector purposes.
The cyberattack earlier this year against Indian outsourcer Wipro, as well as several of its customers, is part of a much larger, multiyear phishing campaign that involves many more companies used as jumping off points, according to RiskIQ, which says the attackers apparently are manipulating gift cards.
Six major cloud services providers apparently were victims of Cloud Hopper, an umbrella name for deep cyber intrusions suspected to originate in China, Reuters reports. The report also alleges Cloud Hopper-affected companies withheld information from their clients for reasons of liability and bad publicity.
Increasingly, cyber attackers are molding technology and human intelligence into blended threats that prey upon vulnerable defenses. Chester Wisniewski of Sophos lays out how organizations can become more mature in preparedness and response.
Authorities in Bangladesh are investigating hacker attacks against at least three banks in that nation last month. Dutch Bangla Bank Ltd. lost as much as $1.4 million in an attack, which apparently involved planting malware in an ATM switch, according to news reports.
Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Cloudflare was unsparing in its criticism of Verizon over a BGP snafu that hampered 15 percent of its global traffic, as well as traffic of Amazon and Google. Verizon's error underscores that much heavy lifting remains to make critical internet infrastructure secure.