One of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by Germany's federal privacy and data protection watchdog, the BfDI, against 1 & 1 Telecommunications, in part for inadequate authentication mechanisms. The company plans to appeal.
Internet crime has grown so rapidly that law enforcement is outpaced. Here's the story of how a Manhattan doctor lost $200,000 in an internet scam, and why he's struggling to get law enforcement's attention.
The U.S. Federal Trade Commission has sanctioned data analytics firm Cambridge Analytica for misusing Facebook users' personal details as part of voter-targeting campaigns. Just one problem: The firm declared bankruptcy in May 2018. Meanwhile, voter microtargeting continues unchecked.
Two Russian men have been charged with stealing more than $100 million from banks around the world using the notorious Dridex malware, according to an unsealed U.S. indictment that caps off a decade-long investigation led by American and British law enforcement agencies.
The latest edition of the ISMG Security Report offers an analysis of the FBI's security and privacy warnings about smart TVs. Also featured: discussions on the security of connected medical devices and strategies for fighting synthetic identity fraud.
Applying offensive hacking expertise and a more adversarial mindset to better hone not just network defenses but also public policy is proving effective, says Jeff Moss, founder and creator of the Black Hat conference.
Several e-commerce sites were targeted with a card skimming campaign that used the Salesforce-owned Heroku cloud platform to host skimmer infrastructure and stolen credit card data, according to a new report from the security firm Malwarebytes.
What are the key mobile security threats to financial organizations, and how are these enterprises marshalling their mobile threat defense? These were the questions posed by ISMG and Wandera to security leaders in San Francisco. Wandera's Michael Covington discusses the response.
The EU's second Payments Services Directive is alive and well. But where are financial institutions now re: compliance and enforcement? James Rendell of CA Technologies, a Broadcom company, offers insight on PSD2 and EMV 3DS compliance for 2020.
A new malware campaign uses a Trojanized version of the game Tetris to target healthcare and educational institutions for credential stealing, according to Blackberry Cylance. Analysts have observed evidence of the threat actors attempting to deliver ransomware with the 'PyXie' Trojan.
This year's Black Hat Europe conference in London features dozens of briefings touching on a wide variety of topics, including exploiting contactless payment and Bluetooth vulnerabilities, identifying vulnerable OEM IoT devices at scale and running false-flag cyberattacks.
Surviving a data breach requires having a plan, and experts say such plans must be continually tested, practiced and refined. They describe seven essential components for building an effective data breach response playbook.