IBM plans to acquire enterprise Linux open source software provider Red Hat in a "hybrid cloud" deal valued at $33 billion that IBM CEO Ginni Rometty promises will be a "game changer." Market watchers say IBM has been struggling to find new revenue growth opportunities.
In the wake of a breach at Hong Kong's Cathay Pacific airlines that involved unauthorized access to personal details on 9.4 million passengers, security experts are weighing in on factors that might have contributed to the incident. So far, the airline has provided only sketchy details.
British Airways has discovered that hackers compromised payment card data and personal details for 185,000 more customers than it had originally suspected and that its systems were first breached not in August, but April. The airline now counts 429,000 data breach victims.
Australian police have charged a woman in the theft of AU$450,000 (US$318,000) worth of the virtual currency XRP, also known as Ripple, in one of the largest cryptocurrency thefts from a single victim. The case highlights how basic security messaging on protecting cryptocurrency isn't getting through.
This week's edition of the ISMG Security Report features an analysis of whether the U.K.'s fine of Facebook for the Cambridge Analytica scandal is just the beginning of regulatory enforcement action. Plus: A potential settlement of Yahoo breach lawsuit and tips on securing data in the cloud.
Hong Kong-based airline Cathay Pacific says the personal details of 9.4 million passengers were inappropriately accessed in March, a breach the company confirmed in early May but publicly revealed on Wednesday. That raises questions about whether the airline violated data breach disclosure regulations.
The Reserve Bank of India's new guidelines on interoperability of prepaid payment instruments will lead to better management of cybersecurity and security audits. But many questions are yet to be answered.
A proposed agreement that would settle a class action suit against Yahoo over devastating data breaches could see the company pay as much as $85 million. That adds to the $35 million fine levied by the SEC earlier this year, showing the high price to be paid for Yahoo's record data breaches.
Two years after Mirai botnets first appeared, security researchers say telnet-targeting botnets are attempting to compromise internet of things devices by pummeling them with 1,065 different username/password combinations. Some of these attacks are designed to install Linux DDoS malware.
A Russian national has been charged with coordinating a four-year campaign to spread divisive themes aimed at disrupting the U.S. political system. "Project Lakhta" allegedly employed hundreds of individuals who created bogus accounts on such platforms as Facebook and Twitter to sow false narratives.
Attention admins: If you use libSSH - one of the open-source flavors of Secure Shell, or SSH - patch now. The advice follows the disclosure of a vulnerability that one expert, Paul Ducklin of Sophos, terms "comically bad."
The latest edition of the ISMG Security Report features an analysis of the results of over 1,000 cyberattack investigations in the U.K. Also: an update on the proposed NIST privacy framework and a report on voter registration information for sale on the dark web.
Facebook is eyeing spammers as being the culprits behind its recently disclosed mega-breach, The Wall Street Journal reports. Preliminary findings from Facebook's internal investigation suggest that the attackers were not affiliated with a nation-state, but rather part of a known spam ring, the newspaper reports.
Organizations can effectively rely on managed security services providers to take care of many tasks, but certain strategic security functions must be handled in-house, says Sid Deshpande, research director at Gartner.