Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
Although most breach-related class action lawsuits fail, a multimillion dollar settlement of a suit stemming from a data breach at St. Joseph Health System in California illustrates how egregious breaches can have serious financial consequences.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
The Internal Revenue Service has temporarily deactivated an online PIN-retrieval tool meant to prevent stolen Social Security numbers from being used to file fraudulent returns after finding that hackers had successfully subverted the system.
The Justice Department's appeal of a court order that the government can't compel Apple to unlock an iPhone used by an accused drug dealer is significant because it sets in motion a process that could lead to a Supreme Court ruling on whether mobile device makers must give law enforcement an encryption backdoor.
The Internal Revenue Service, for the second time since August, has revised upward the number of accounts victimized in its Get Transcript breach, with the tax agency saying the personal information from as many as 724,000 taxpayers' accounts may have been stolen.
As a result of high-profile breaches, emerging malware threats and increased regulatory scrutiny, CISOs at financial institutions are under more pressure than ever to develop innovative strategies for enhancing cybersecurity. And the CISO's evolving role will be a hot topic at RSA Conference 2016.
Here's more evidence of how a data breach can have a major financial impact. The bill for U.K. telecom giant TalkTalk's October 2015 data breach could be as much as $94 million, and the incident resulted in the loss of 95,000 customers.
Congressman Will Hurd has a simple request for U.S. government agencies: Have you been using vulnerable Juniper Networks devices? But Congress needs to consider tougher questions about its culpability in this backdoor debacle.
Security experts are warning that Chinese networking product manufacturer TP-Link has been shipping routers with a WiFi password that's based on their MAC address, thus making their passwords easy for would-be attackers to sniff.
It's time to start to think about the cybersecurity agenda for the 45th president of the United States, who takes office a year from this week. What's on your list of cybersecurity challenges the next president must tackle?
Passage of cyberthreat information-sharing legislation could hinge on how the measure is presented to Congress, and its fate could be tied to a massive omnibus appropriations bill to fund the federal government for the remainder of fiscal 2016.
Ireland's Cyber Crime Conference in Dublin drew a capacity crowd for a full day of security briefings, networking, hotly contested capture-the-flag and secure-coding challenges, as well as a chance to sharpen one's lock-picking skills.