Cryptocurrency exchange Cryptsy has revealed that it suffered a 2014 hack attack that now leaves it insolvent. The exchange is appealing to its attacker to return the stolen bitcoins, worth $5 million today - no questions asked.
The FBI is investigating the point-of-sale malware breach at hotel chain Hyatt, which says related infections stretched for four months and affected 250 hotels worldwide. But Hyatt has yet to reveal how many customers or payment cards were compromised - or how attackers got in.
The FFIEC's Cybersecurity Assessment Tool needs to be redesigned, as the tool's current design sets institutions up for cyber-risk assessment failure. Industry leaders say they're hopeful that change is on the way because the FFIEC is reviewing a second wave of comments about the tool's efficacy.
Reliable data specifying the number of people employed in the United States in cybersecurity field is hard to find. But one government survey shows a 5 percent increase among information security analysts in 2015.
As Art Gilliland, CEO of Skyport Systems, assesses cybersecurity in 2016, he sees distinct strengths, weakness and opportunities for the next generation of leaders. The question is: Where will we find these leaders?
When it comes to threat detection, spotting malicious insiders is one thing. They often leave a trail. But how do you protect against the accidental insider threat? Mike Siegel, VP of Products at Forcepoint, shares strategy and solutions.
The primary mission of the new Global Cyber Alliance is to identify measurable ways to mitigate cyberthreats facing the public and private sectors, says Phil Reitlinger, a former DHS official and Sony CISO, who heads the new group.
The New York Attorney General's settlement with taxi-hailing platform Uber - over alleged customer data privacy violations and a delayed data breach notification - provides a best practice security template for any organization that handles customer data.
Slamming a Ukrainian energy provider for recently falling victim to a spear-phishing email and Excel macro attack might be easy. But security experts recommend all organizations use the incident to ensure they won't fall victim to copycat attacks.
After a data breach, how can organizations cooperate with law enforcement without increasing the likelihood they'll face civil lawsuits? By sticking to the basic facts, says T.C. Spencer Pryor, partner at the law firm Alston & Bird, in this video interview.
Attorney Kevin McGinty analyzes the potential impact of a Massachusetts judge's unusual decision to allow a class-action lawsuit stemming from a health data breach to proceed, despite a lack of evidence of harm stemming from the incident.
A judge has dismissed a class-action lawsuit against Michaels, filed after the retailer warned that POS malware-wielding attackers had successfully stolen details of an estimated 2.6 million payment cards. But the ruling isn't a surprise - here's why.
The Federal Trade Commission's latest cybersecurity-related enforcement action points to the need to carefully scrutinize the claims software companies make about the security functions of their products.
Reports on the Ukrainian energy supplier hack have left many crucial questions unanswered: Who was involved, did malware directly trigger a blackout and are other suppliers at risk from similar attacks? Cybersecurity experts offer potential answers.
Expect rebooted European Union data privacy rules to drive organizations worldwide to begin minimizing the amount of information they collect and store on individuals in 2016, both to protect privacy as well as minimize the impact of data breaches.