A German appeals court has slashed by 90% the $11 million General Data Protection Regulation fine levied last year against 1&1 Telecom by the nation's federal privacy watchdog over call center data protection shortcomings. Experts say the case is a reminder that all GDPR fines can be appealed.
Three state-sponsored advanced persistent threat groups - one Russian, two North Korean - have been targeting companies across the globe involved with COVID-19 vaccine and treatment development, Microsoft says.
"Better, cheaper, faster." These are the results that banking institutions can receive by shifting security to the cloud, says David Vergara of OneSpan. At a time when multi-channel fraud is surging and the customer experience is paramount, cloud needs serious consideration, he says.
The latest edition of the ISMG Security Report features an analysis of how President-elect Joe Biden is expected to renew international relationships needed in the fight against cyberattacks. Also featured: the pandemic's impact on cybercrime; analysis of Europol's annual cybercrime report.
Two senior U.S. Department of Homeland Security officials have been forced to resign, and a senior cybersecurity official fears he will be fired by the Trump administration, according to news reports. The moves have raised questions over U.S. stability during the transition period to President-elect Joe Biden.
The Muhstik botnet, which has been operating for at least two years, has recently started targeting vulnerabilities in the Oracle WebLogic application server and the Drupal content management system as a way to expand its cryptocurrency mining capabilities, according to security firm Lacework.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
Louis Marinos of the European Cybersecurity Agency offers an analysis of the agency's new Threat Landscape 2020 report, which shows how cybercriminals have been advancing their capabilities, adapting quickly and targeting victims.
Cybersecurity is poised to become a higher White House priority when President-elect Joe Biden takes office. And he's expected to renew key international relationships needed in the fight against cyberattacks.
The good news: U.S. election security measures seem to have worked. The bad news: Disinformation and misinformation campaigns continue. Tom Kellermann, who served as a cybersecurity adviser to President Obama, offers advice for President-elect Joe Biden and others on protecting critical infrastructure.
As the healthcare sector prepares for the distribution of COVID-19 vaccines, intensifying the attention to supply chain cybersecurity is critical, says Michael McNeil, senior vice president and CISO of McKesson Corp., which distributes pharmaceuticals and medical supplies.
A former Microsoft software engineer has been sentenced to nine years in prison after being found guilty on 18 criminal charges in connection with the theft of more than $10 million through the company's online retail platform.
The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financial services industry that includes expanded information on third-party risk and cloud security. Institute founder, Josh Magri, describes the updates.
Threat actors are increasingly weaponizing advanced analytical tools to attack enterprises, which means organizations must change their security strategies, says Ray Boisvert, associate partner, national public sector, IBM Canada.