The Reserve Bank of India has called for a self-regulation approach for the fintech industry to help ensure data security. "There is a need for a self-regulatory governance framework to foster best practices on important aspects like security," an RBI official says.
It's been nearly seven years since HSBC was fined $1.9 billion by U.S. authorities for money laundering violations involving international drug cartels. But Everett Stern, the former employee who blew the whistle on the bank, continues to tell his story because he believes similar criminal activity is ongoing.
The Department of Homeland Security is warning that Chinese-made drones could be sending sensitive data back to their manufacturers, where it can be accessed by the government, according to news reports.
Salesforce says it has nearly recovered from a botched database update that wiped out user permissions within its Pardot marketing management product on Friday. The error allowed Salesforce users access to previously restricted profiles.
After the Trump administration last week blacklisted Huawei amid rising trade tensions, Google says it has canceled the Chinese smartphone giant's Android license. Many chipmakers and other technology firms have also said they will cease or at least pause the sharing of software, hardware and services.
Two years after WannaCry tore a path of destruction through the world, the ransomware remains a danger, with many systems still vulnerable to the EternalBlue or EternalRomance exploits that started it all.
The majority of aircraft accidents occur during landing. And during bad weather or low-visibility, pilots are trained to entirely trust their instruments. But researchers say they can spoof wireless signals to a critical landing system, which could cause planes to miss runways.
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
U.S. President Donald Trump on Wednesday signed a long-expected executive order that bans the purchase of telecommunication equipment from nations deemed to pose a spying risk. Also, Huawei was banned by the Commerce Department from buying U.S. components without obtaining a license first.
European privacy authorities have received nearly 65,000 data breach notifications since the EU's General Data Protection Regulation went into full effect in May 2018. Privacy regulators have also imposed at least $63 million in GDPR fines.
Newly discovered microarchitectural data sampling flaws in Intel processors - collectively dubbed "ZombieLoad" - could be exploited to steal private data from PCs and servers, including shared cloud environments. Intel, Microsoft, Apple and others have begun to ship patches designed to help mitigate the problems.
Microsoft has taken the extraordinary step of issuing patches for its old XP, Windows 2003, Windows 7 and Windows Server 2008 operating systems. The problem is an easy-to-exploit Remote Desktop Services vulnerability that could be turned into a worm.
Fast Retailing, the parent company of several of Japan's biggest retail clothing chains, is warning customers of an attack that exposed email addresses and partial credit card information of more than 460,000 of the company's customers. The attackers apparently used credential stuffing techniques.