The U.S. Securities and Exchange Commission has released revised guidance "to assist public companies in preparing disclosures about cybersecurity risks and incidents." It includes new prohibitions on trading in corporate shares after a breach has been discovered but before investors have been notified.
Leading the latest edition of the ISMG Security Report: The Department of Justice indicts Russians for allegedly running an industrialized troll factory designed to influence U.S. politics. Also, a feature in Australia's new real-time payment system could be abused by identity thieves.
Want to meddle with a democracy? Just use its social media outlets against it to amplify already existing social divisions. That's the quick take on the indictment recently unsealed by Special Counsel Robert Mueller that accuses Russians of running an "active measures" campaign against the United States.
After a U.S. indictment charged Russians with running a troll factory that interfered in U.S. elections, groups tracking online disinformation campaigns warn that Russian bots are now debating the school shooting in Parkland, Florida. The White House is facing questions over what it's doing to deter Moscow.
Australia's real-time payments platform, which launched last week, includes a feature designed to reduce fraud and erroneous payments. Ironically, the feature may also expose users to social engineering attacks.
Following banks in India and Russia reporting losses due to fraudulent transactions via the SWIFT interbank messaging platform, security experts are advising banks to be more vigilant and to take certain security steps, including better securing of remittance transactions.
Intel faces 32 lawsuits filed over the trio of flaws in its CPUs known as Meltdown and Spectre, seeking damages for the security vulnerabilities as well as alleged insider trading. The flaws have also been cited in lawsuits against chipmakers AMD and ARM, as well as against Apple.
Is U.S. computer crime justice draconian? That's one obvious question following England's Court of Appeal ruling that suspected hacker Lauri Love would not be extradited to the United States, in part, because they said the U.S. justice system could not be trusted to treat Love humanely.
WhatsApp, the global messaging app that has more than 200 million monthly active users in India, has leveraged National Payment Corporation of India's Unified Payment Interface platform to launch its beta payment service that will allow users to send money to other WhatsApp users, excluding merchant accounts.
After a year of brainstorming on blockchain technology, Microsoft says it will add support in its Authenticator app for a decentralized identity system that's designed to put users in control of their personal information.
Attackers recently snuck cryptomining code onto thousands of websites by inserting it into a third-party accessibility plug-in called Browsealoud. Web specifications designed to guard against these types of rogue actions by third-party code libraries already exist. Why aren't more sites using them?
The top U.S. intelligence official has warned Congress that Russia will attempt to meddle in the this year's U.S. midterm elections, a repeat of the country's alleged 2016 U.S. presidential election interference.
As internet of things devices become increasingly common in the enterprise, CISOs must lead the way in making sure emerging security issues, including a higher risk of distributed denial-of-service attacks, are adequately addressed, says John Pescatore of the SANS Institute, which offers training for CISOs and others.