Dropbox is keeping a close eye on the latest news reports of big-name, big-data breaches, but says the reported hackers are bluffing when claiming to have compromised and obtained the web storage service's data.
The scale of the global IT security skills crisis is well documented. But what is its direct impact on cybersecurity with the government agencies of Washington, D.C.? Dan Waddell of (ISC)² discusses the problem - and a new way to address it.
Now that both the FBI and the FFIEC have issued alerts calling attention to the risks associated with interbank messaging and wholesale payments in the wake of SWIFT-related heists, U.S. institutions should brace for more regulatory scrutiny of bank-to-bank payments, financial fraud experts say.
Akamai warns of a rash of less sophisticated attempts to extort companies by threatening to strike with distributed denial-of-service attacks, which can be expensive for organizations to defend against.
Many organizations still fail to practice smart web security, warns penetration testing expert Ilia Kolochenko, who notes that 23 percent of all websites still use SSL version 3, despite it leaving them at risk from POODLE and BEAST attacks.
A federal court has ruled that P.F. Chang's cyber insurer does not have to reimburse the restaurant chain for fees it paid to its merchant services provider in the wake of its 2013 card breach. The ruling raises questions about the value cyber insurance provides to retailers.
TeamViewer is strengthening the security of its remote access application after an uptick in account takeovers that the company says is the result of hackers reusing account credentials from recent data breaches.
Asking how many different technologies consumers will tolerate when it comes to paying for their goods and services is a bit like asking how many more superheroes moviegoers will countenance in the latest "Avengers" film.
Is SWIFT now playing good cop/bad cop? While it initially promised to not police the financial services industry, it's now considering training auditors and suspending banks found to have poor information security practices.
A federal judge has cleared the way for a class-action lawsuit filed by card issuers against Home Depot over the retailer's massive 2014 payments breach to proceed. In making the ruling, the judge noted that the banks' allegations regarding the retailer's security negligence appear to have merit.
MySpace has confirmed it is resetting millions of accounts affected by the release of 360 million usernames, email addresses and passwords. According to one expert, more of these types of big breach announcements may be coming.
A Bangladesh probe says that an insider may have assisted attackers in perpetrating the $81 million cyber heist against Bangladesh Bank. SWIFT has unveiled new security measures to help other banks, but security experts say more will be needed.
Don't blame a lack of information security standards, security products or cybersecurity competence for the failure of breach defenses. In many cases, the culprit is design and implementation flaws in IT products, Robert Bigman, former CIO at the CIA, contends.