Since the EU's General Data Protection Regulation went into full effect in May 2018, European data protection authorities have received more than 160,900 data breach reports and imposed $126 million in fines under GDPR for a wide variety of infringements, not all involving data breaches.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according to a report by Chainalysis.
A bipartisan group of U.S. senators has introduced legislation that would require the Department of Homeland Security to appoint cybersecurity leaders in each state to help combat growing cyberthreats against units of local government.
A cyberattack targeting one of the largest banks in the U.S. that stops the processing of payments likely would have a major ripple effect throughout the financial system, according to a new report from the Federal Reserve Bank of New York.
As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?
Hackers with ties to the Russian government have targeted Ukrainian natural gas firm Burisma with phishing attacks designed to steal credentials, according to researchers at Area 1 Security. The company is at the center of the impeachment of President Donald Trump.
Proof-of-concept code has been released to exploit a severe Citrix vulnerability present in tens of thousands of enterprises. Citrix says it's developing permanent patches but that enterprises should use its mitigation guidance. In the meantime, attackers are hunting for vulnerable machines.
After a data breach, if individuals' stolen information is offered for sale on the dark web, that potentially bolsters class action lawsuits filed by plaintiffs against the breached organization, says technology attorney Steven Teppler of the law firm Mandelbaum Salsburg P.C.
Corporate network security breaches, which can prove costly to remediate and expose a company to lawsuits, are frequently the result of vulnerabilities that could have been fixed for a relatively low cost. A a brute force penetration test is a critical first step in finding those vulnerabilities.
British regulators have fined Dixons Carphone $653,000 for a breach that exposed millions of payment card details and personal data due to point-of-sale malware. The retailer's lack of security contributed to a "careless loss of data," the Information Commissioner's Office says.
The DHS says the defacement of a U.S. government website over the weekend is not linked to Iranian state-sponsored actors. Attackers posted a pro-Iran message with a photo of President Donald Trump being punched in the face. The website, belonging to the Federal Depository Library Program, is now offline.
The Maze gang crypto-locked Georgia cable and wire manufacturer Southwire's systems and publicly dumped stolen data to try to force it to pay a ransom. In response, Southwire has sued its attackers and obtained a court order in Ireland that knocks the gang's "name and shame" site offline.