The U.S. Commodity Futures Trading Commission has hit Philips Capital Inc., a Chicago-based brokerage firm, with a $500,000 penalty for security missteps before and after a 2018 data breach, which resulted in the theft of $1 million from client accounts.
Even the most sophisticated cyber security strategy is not foolproof. You need to be ready for a cyber attack with a proactive, coordinated incident response plan. Use this resource to launch your own incident response strategy. With your incident response plan documented and tested, you can respond swiftly and...
Paige A. Thompson, who prosecutors allege hacked into Capital One's network to access millions of credit card applications, has pleaded not guilty to federal computer crime charges. Her tentative trial date is Nov. 4.
Facebook has confirmed that unprotected databases containing more than 419 million users' phone numbers contained data scraped from the social network. TechCrunch, which first reported on the development, says many of the exposed phone numbers can be tied to Facebook IDs and remain accurate.
Nation-state actors, cybercriminals, hacktivists - each of these adversaries poses threats to enterprises. But how can organizations prioritize the threats and respond based on business risks? Craig Harber of Fidelis Cybersecurity discusses advanced threats and how to raise the bar on response.
Bulgaria's Personal Data Protection Commission has fined the nation's tax agency $2.9 million for failing to stop a breach that leaked tax records for nearly all of the country's citizens. Meanwhile, prosecutors have filed related criminal charges against employees of a penetration testing company.
A federal grand jury indictment of Seattle software engineer Paige A. Thompson charges her with stealing 100 million records from Capital One, stealing data from at least 29 other organizations, as well as using hacked cloud computing servers to mine for cryptocurrency.
Security firm Imperva is notifying some of its Cloud Web Application Firewall customers about a "security incident" that exposed certain data, CEO Chris Hylen reports in a blog post. What risks does the exposure create?
Today's machine-speed attacks require an autonomous machine-speed response to mitigate the risk, says David Masson of Darktrace, who offers strategic insights.
Web hosting company Hostinger has reset all customer passwords after one of its databases was breached, affecting 14 million accounts. The intruder gained access to an authorization token that allowed access to a customer database, the company says.
Password isn't a four-letter word, but for security leaders it is just as cringe-worthy. Single-factor authentication is putting organizations both large and small at risk of data breaches daily - and two-factor authentication can be just as risky, especially if access codes are delivered via text message. The best...
Federal government agencies experienced 12 percent fewer cyber incidents in 2018, when there were no "major" data breaches, according to a new White House report. But the report notes there's still plenty of risk mitigation work to be done.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
The European Central Bank has closed one of its websites after its IT staff found that a hacker compromised some personal information on the site and also planted malware.
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