"We can see criminals are moving up the financial value chain from attacking lots of targets with smaller rewards to smaller numbers of targets with higher rewards," says Ho.
Organizations that suffer a security incident must be prepared to rapidly respond. Here are eight incident response essentials they must follow, from executing their breach response and notifying stakeholders to activating external service providers and working with regulators.
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.
Researchers uncovered an unsecured database belonging to TrueDialog, a business SMS texting solutions provider, which exposed data on millions, including text messages, names, addresses and other information, according to a report by VPNMentor researchers. The database has since been closed.
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.
Digital streaming platform Mixcloud says it's the victim of a data breach after an attacker shared personal data for registered users with several media outlets, including Vice and ZDNet. The data on 21 million users is for sale in an underground market.
Adobe says its e-commerce Magento Marketplace has been breached, exposing usernames, email addresses and more. The software giant has yet to detail how many users were affected or the breach duration. Unfortunately, the stolen data could be used to fuel phishing attacks.
South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
With the California Consumer Privacy Act set to go into effect Jan. 1, 2020, companies are making last-minute compliance preparations. But these preparations are challenging because regulations to carry out the law are still pending and ambiguities remain. Here's a look at three issues.
T-Mobile says it suffered a breach of prepaid accounts as a result of unauthorized access to its systems. The exposed data includes names, billing addresses, phone numbers, account numbers, rate plans and more.
Some 4 terabytes of data on over 1.2 billion individuals - including LinkedIn and Facebook profiles - was exposed to the internet on an unsecured Elasticsearch server, according to an analysis by a pair of independent researchers.
Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup money it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach. Find out how much money the company is seeking.
Developing a mature security program takes time, but I've met many forward-thinking security leaders who've made swift and lengthy strides in protecting their clients' data. With those lessons in mind, here are five things any organization can do today to create immediate, measurable security benefits,
Macy's says hackers successfully infiltrated its e-commerce website and planted rogue JavaScript, enabling them to steal customer data, including payment card information. Macy's says the breach has been contained and all stolen card numbers shared with card issuers.
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