GDPR has been in effect since May 2018, but organizations are still waiting to see what impact it will have on the costs organizations might face from breach cleanup, investigations, sanctions and class action lawsuits, says Ian Thornton-Trump of the financial services firm AMTrust International.
Banks in West Africa have been targeted by at least four hacking campaigns since mid-2017, with online attackers wielding commoditized attack tools and "living off the land" tactics to disguise their efforts, Symantec warns.
Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
Venture capitalists invested $5.3 billion in cybersecurity companies in 2018, about 20 percent more than in 2017 and twice as much as 2016, according to research from Strategic Cyber Ventures. What's ahead for 2019 and beyond?
How can healthcare organizations better address the many challenges they face involving the security of legacy medical devices? Device security specialist Ben Ransford offers insights on critical steps that can help reduce the risks.
Airline booking system provider Amadeus - whose system is used by 500 airlines - is investigating a software vulnerability that exposed passenger name records, which is the bundle of personal and travel data that gets collected when booking a flight.
Australian security expert Troy Hunt says an 87 GB compilation of username and password combinations - drawn from more than 2,000 databases - includes 773 million unique email addresses for apparent use in credential-stuffing attacks. Takeaway: Use a unique password for every site, or else.
The Reserve Bank of India intends to do away with the one-time password authentication process for online transactions. In a step in that direction, for the first time, it's allowing widespread tokenization of debit, credit and prepaid card transactions to enhance the safety of digital payments.
Researchers from Tenable Security claim they have found what is essentially a skeleton key for an ID and access control system that could open the doors for anyone, plus other less severe but nonetheless zero-day vulnerabilities.
The recent exposure of customer data on the website of Singapore Airlines as a result of a software bug is further evidence of the persistent challenge of adequately addressing security during the development stage.
The organization that manages IT for Singapore's public healthcare sector says it has terminated, demoted or financially penalized several employees for their roles in the handling of a 2017 cyberattack on SingHealth, the nation's largest healthcare group. What do U.S. security experts think of these measures?
A U.K. court has sentenced Daniel Kaye, 30, after he admitted launching DDoS attacks against Liberia's largest telecommunications company in 2015 and 2016. A rival internet services provider paid Kaye $100,000 to launch the attacks.
A hacktivist who launched distributed denial-of-service attacks on Boston Children's Hospital and another local facility in 2014 has received a lengthy prison sentence and must pay restitution. But will the outcome of the case deter other hackers?
The U.S. government shutdown is impacting agencies integral to the nation's cybersecurity readiness, and experts fear its long-term impact on the country's cyberattack response capabilities, as well as the risk that it will drive away desperately needed new cybersecurity talent from entering public service.