Demand for cyber insurance is slowly building in India as more data breaches worldwide grab attention. Organizations must carefully assess their risk exposure when making the decision about whether to invest in a policy.
German police have disrupted Wall Street Market and arrested its alleged administrators, who apparently "exit scammed" with $13 million in bitcoins, while U.S. authorities detained two of the site's alleged top narcotics vendors. Separately, Finnish police disrupted Silkkitie, aka Valhalla Marketplace.
New exploits released online that target long-known configuration weaknesses in SAP's NetWeaver platform could pose risks to payroll, invoicing and manufacturing processes, according to researchers at Onapsis. As many as 50,000 companies could be vulnerable.
WikiLeaks founder Julian Assange returned to court on Thursday and told a British judge that he would not voluntarily accept extradition to the U.S. to face a charge of helping to hack into a Pentagon computer, setting up a legal fight that could take months.
An Australian security researcher who pleaded guilty to several charges related to probing the network of popular car-sharing service GoGet has avoided jail time. Nik Cubrilovic was sentenced to 400 hours of community service and must pay restitution to GoGet.
On Wednesday, a British judge sentenced WikiLeaks founder Julian Assange to 50 weeks in prison for violating the terms of his bail after he sought political asylum in Ecuador's U.K. embassy in 2012. Now he faces possible extradition to the U.S. to face a charge of "conspiracy to commit computer intrusion."
Citrix says the data breach it first disclosed in early March appears to have persisted for six months before it was discovered and the hackers were ejected. In an ironic twist, the company sells the very products that might have blocked recent credential stuffing and password spraying attacks against it.
Vodafone is disputing a Bloomberg report that security vulnerabilities and backdoors within Huawei networking equipment could have allowed unauthorized access to its fixed-line carrier network in Italy. The report comes as Huawei continues to face concerns over its engineering practices and government ties.
Cybercriminals have stolen customer data from Citycomp, a German IT company whose clients include Oracle, Volkswagen, Airbus, Ericsson, Toshiba British Telecom and many others. After Citycomp didn't pay a ransom, the hackers posted the data online.
JustDial had a second major leak of user information, claims an independent security researcher who earlier this month said he discovered a security loophole in the Mumbai-based hyperlocal search engine. But the company says it has fixed this second vulnerability.
Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
Health insurers and financial institutions across Australia are in the final stretch of preparing for a cybersecurity regulation that looks to put companies on a strong footing amidst an increasingly hostile hacking environment. Here's why compliance with the regulation, CPS 234, is challenging.
An independent security researcher is warning about a vulnerability in peer-to-peer software used in millions of IoT devices that could allow a hacker to eavesdrop on conversations or turn these items into a botnet.
The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.
As governments around the world continue plans to build out their nations' 5G networks, worries persist about whether Chinese manufacturers can be trusted. But the British government apparently is ready to allow Huawei to supply "noncore" parts of its network, and the Netherlands may be ready to follow suit.