Paige A. Thompson, who's been arrested on a charge of hacking into Capital One's network and taking the personal and financial data of 106 million individuals, is also suspected of stealing information from over 30 other organizations, according to new court documents.
Risks associated with cyber security incidents and business interruption are major concerns for companies worldwide. Improperly managed, cyber security incidents like ransomware can bring companies to a standstill and the resulting financial losses can have a substantial impact. Using real life examples, learn how...
As of March 1, 2019, the two-year transition came to an end, and covered entities were required to be in compliance with the New York Department of Financial Services Cybersecurity Regulation Section 500.11, the Third Party Service Provider Security Policy. How are things going? How have they changed the way...
The Monetary Authority of Singapore, the nation's central bank, has mandated that financial institutions comply with risk management guidelines within the next 12 months in an effort to strengthen the cyber resilience of these organizations.
More lawsuits have been filed in the wake of the Capital One breach that exposed the data of more than 100 million individuals. GitHub is also a target of one of those lawsuits, which alleges the code-sharing site failed to promptly remove breached data.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
Facebook's $5 billion privacy settlement with the FTC this week did little to satisfy critics who argue that the social media giant still holds too much sway over its users' personal data.
The U.S. Justice Department and the Federal Trade Commission officially announced a privacy settlement with Facebook that includes a record-setting $5 billion fine. As part of the agreement, CEO Mark Zuckerberg must submit quarterly and annual reports to show that the company is in compliance with the FTC order.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
Both chambers of India's Parliament have passed new legislation that gives National Investigation Agency officers more power to take tough action against cybercrime and terrorism. Here's a rundown of the details.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.
Authorities in the Netherlands recently levied a $516,000 fine under the General Data Protection Regulation against a hospital in the Hague in connection with a data breach involving "dozens" of staffers who snooped on the electronic medical records of a celebrity.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
The latest edition of the ISMG Security Report analyzes the significance of fines against British Airways and Marriott for violations of the EU's GDPR. Also featured are discussions of California's privacy law as a model for other states and the next generation of deception technologies.
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