The compromise of details on more than 3.2 million debit cards in India should serve as a call to action for the banking industry to ramp up its security efforts, experts say. They share immediate and long-term recommendations to forestall similar incidents.
Chinese manufacturer Xiongmai will recall up to 10,000 webcams in the wake of the IoT-powered DDoS attacks that pummeled DNS provider Dyn. But information security experts say that only a more resilient internet will blunt future attacks.
Chinese manufacturer Xiongmai has promised to replace or patch some IoT components that attackers are using to build massive internet of things Mirai botnets to wage DDoS attacks, such as the Oct. 21 disruption of DNS provider Dyn. But security experts question whether these moves will blunt future IoT attacks.
Massive DDoS attacks, targeting DNS provider Dyn, have triggered widespread internet disruptions. Security intelligence firm Flashpoint says the attacks have been perpetrated at least in part via a botnet of Mirai-infected internet of things devices.
Authorities say Yevgeniy Aleksandrovich Nikulin stole credentials from a LinkedIn employee and used them to breach the social networking firm in 2012, in which well over 100 million members' passwords were exposed.
Widespread website outages beginning early Oct. 21 are suspected to have been caused by a massive distributed denial-of-service attack against DNS service provider Dyn. Numerous sites, including Amazon and Twitter, were sporadically unavailable.
Some 3.2 million Indian debit cards may have been compromised, according to the National Payments Council of India. While investigations are ongoing and several banks have reissued at-risk cards, the source of the card exposure has not been officially confirmed.
Former NSA contractor Harold T. Martin III., who is accused of pilfering mass quantities of highly classified information, will remain in jail until his trial. Martin engaged in "a course of felonious conduct that is breathtaking in its longevity and scale," prosecutors say.
Yahoo is appealing to the U.S. director of national intelligence to declassify an order that allegedly required the company to install secret spying software that scanned incoming email accounts for specific content.
Yahoo, now negotiating its sale to Verizon, has posted an increase in quarterly profits and page views, bolstering its case that its massive data breach didn't irrevocably damage its value. But with ad revenues in decline, time is running out.
As U.S. ATM operators face MasterCard's Oct. 21 EMV liability shift deadline, a surge in explosive attacks against European ATMs is a reminder that anti-fraud features won't block all money machine crime.