Under the EU's General Data Protection Regulation, within 72 hours of an organization learning about the data breach, it must report the breach to relevant authorities or face fines. The U.K.'s data privacy watchdog says it's already seen the volume of self-reported breaches quadruple.
Early experiments are demonstrating how blockchain, the distributed and immutable ledger behind virtual currencies, potentially could play an important role in identity management, says Avivah Litan, a Gartner Research analyst who will be a featured speaker at ISMG's Security Summit Aug. 14-15 in New York.
Alberto Yepez of ForgePoint Capital says cryptocurrency poses new challenges for accommodating the "know your customer" process of confirming that you're "doing business with the people that you want to be doing business with."
The fight against fraud in a cashless economy requires investments in technologies that can offer early warning signals, says Bharat Panchal, senior vice president and head of risk management at National Payment Corporation of India.
Breach defense is a strategic business issue for most enterprises, but too many cybersecurity solutions rely more on flash than substance, says Lastline CEO Chris Kruegel. It's time to start talking about true breach defense.
The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
Spear phishing attacks are in the news again following the Justice Department's indictment of Russian military intelligence officers for alleged attacks against U.S. politicians and county and state election boards. Here's how to play better phishing defense.
Singapore's largest healthcare group has suffered a hack attack that exposed 1.5 million residents' personal details. But authorities say the "deliberate, targeted and well-planned attack" appears to have been principally designed to steal medical information pertaining to the country's prime minister.
Hackers stole at least $920,000 from Russia's PIR Bank after they successfully compromised an outdated, unsupported Cisco router at a bank branch office and used it to tunnel into the bank's local network, reports incident response firm Group-IB.
This edition of the ISMG Security Report includes an analysis by Executive Editor Matthew J. Schwartz on President Donald Trump's changing views on election meddling, plus an update on voter data being accidently exposed by a robocalling company.
RoboCent, a company that specializes in robocalling voters, left nearly 3,000 files containing detailed data about Virginia voters online by mistake. The data has been secured, but the incident points again to ongoing problems of security misconfigurations in repositories and lack of end-to-end encryption.
A ministry of agriculture website in India lacks basic security measures, risking exposing personal data of millions of farmers who use the site to obtain crop insurance, a security practitioner who uses the site has pointed out.
Why are attacks so successful? Legacy endpoint security products are creating more problems than they solve. There is too much cost and complexity, defenses aren't keeping up, and security staff is stretched thin.
Silicon Valley employees are increasingly calling on executives to restrict the use of facial recognition technology, mobilized in part by the U.S. government's previous policy of separating children from parents at the border. Experts say facial recognition regulations are needed - and quickly.