In the wake of the Punjab National Bank breach and other bank breaches, cyber insurance companies are seeing an uptick in demand for their products, says Anup Dhingra of Marsh India, an insurance brokerage and risk management firm.
As the Cambridge Analytica scandal continues to unfold, Congress seeks answers from Facebook, calling on CEO Mark Zuckerberg to testify. Also in the latest edition of the ISMG Security Report: Is it possible to build a secure digital wallet for storing cryptocurrency?
A group of suspected Chinese cyber espionage actors, dubbed TEMP.Periscope or Leviathan, has re-emerged, targeting the maritime industry as well as others, according to a report from FireEye. Many of those targeted have connections to the South China Sea.
States will not have the full range of much-needed cybersecurity practices and equipment in place for this year's U.S. midterm elections. But efforts underway might deliver many much-needed improvements in time for the 2020 elections, Homeland Security Secretary Kirstjen Nielsen tells a Senate committee.
Multivector distributed denial-of-service attacks are having a bigger impact than simple volumetric attacks, says Brian McCann, president of Netscout's security business unit, who analyzes the latest trends in an in-depth interview.
Facebook CEO Mark Zuckerberg broke five days of silence as pressure intensifies on Facebook to account for a data leak to a voter-profiling firm that worked for the Trump campaign. In a lengthy blog post, Zuckerberg has pledged to make changes to better protect personal data. But is it too late?
Multinational semiconductor maker Advanced Micro Devices has confirmed that there are 13 flaws in some of its chipsets that could be exploited to manipulate chip firmware for malicious purposes. AMD plans to provide fixes in the form of firmware updates that it claims should not affect system performance.
Regulators, attorneys general and lawmakers in the U.S., U.K. and Canada are attempting to unravel the events that led to the personal information of as many as 60 million Facebook users leaking to a London-based voter-profiling firm.
A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
Al Pascual of Javelin Strategy and Research discusses a new report that shows that while crypto wallets may be considered to be at the sharp end of payments innovation, the security vulnerabilities they face are much the same as those that already exist in digital banking and payments.
Facebook may be facing the fight of its life. The social media company is seeing mounting pressure and a collective outcry over personal data for millions of its users having been collected by a voter-profiling firm once retained by the Trump campaign.
The unfolding story of Cambridge Analytica, which shows how personal information on millions of consumers was obtained via Facebook, demonstrates the degree to which our personal data can be weaponized against us.
A recent alert from the Department of Homeland Security warning of vulnerabilities in certain medical imaging products from GE Healthcare is a reminder to other medical device makers and healthcare entities about the risks posed by hardcoded and default credentials.
Facebook is under fire after reports suggested data-mining firm Cambridge Analytica obtained private information on 50 million Facebook users. The social network contends that it didn't suffer a "breach," saying the information was legally obtained but subsequently misused.