The Trump administration is leading a broadside against Chinese telecommunications giants Huawei and ZTE. But concerns that Chinese networking gear could be used as backdoors for facilitating state-sponsored surveillance or disrupting critical infrastructure are not limited to America.
Cryptocurrency exchanges are seeing fraudsters submit doctored photos in an attempt to reset two-step verification on accounts. The ruse appears to have some degree of success, underscoring the difficulties around verifying identity on the internet.
Federal regulators have hit a California-based healthcare provider with a $3 million HIPAA settlement related to two breaches involving misconfigured IT. It's the latest in a recent series of hefty penalties issued in HIPAA cases.
Apple has issued an iOS update that patches two flaws being exploited in the wild by attackers as well as the "FalmPalm" bug in Group FaceTime. Apple says it compensated the teenager who reported the FaceTime flaw and gave him an extra gift toward his tuition.
Hackers have breached the Australian Parliament's network, although investigators say they have found no evidence that attackers stole any data. But Parliament's presiding officers said all users have been ordered to reset their passwords as a precaution.
The latest edition of the ISMG Security Report features a summary of alarming new findings about the ability of the U.S. to counter a nation-state malware attack. Plus, a discussion of "fusion centers" at banks and an update on the targeting of Webstresser subscribers.
Hundreds of suspected customers of Webstresser, a DDoS stresser/booter site that was disrupted last year, are being visited by law enforcement agents and may see jail time. The police message: Using darknet cybercrime services doesn't guarantee anonymity, even if you pay with bitcoin.
Germany's competition authority, the Bundeskartellamt, has prohibited Facebook from combining user data from different sources unless users consent, and it has also prohibited Facebook from blocking users who do not provide this consent. Facebook has one month to appeal the antitrust decision.
Since the EU's GDPR went into full effect, European data protection authorities have received over 59,000 data breach reports, with the Netherlands, Germany and the U.K. receiving the greatest number of notifications, according to the law firm DLA Piper.
Without improved coordination, the U.S. government and private companies could be caught flat-footed if a nation-state hit the software supply chain with malware or a worm, according to a new report that echoes conclusions made over the last decade and calls for closer industry-government ties.
Banks need to work toward improving collaboration between their cybersecurity and fraud management departments to boost efforts to mitigate cyberthreats, say Scott Walters and Eric Reddel of the consultancy Booz Allen Hamilton.