Cyber insurance covers more than the cost of breaches of data privacy; it can play a role in protecting against the cost of a cyberattack that disrupts business operations, explains insurance specialist Tim Burke in this video interview.
A lawsuit filed against security firm Trustwave is raising questions about "PCI Professional Forensic Investigators" and how they are monitored by the PCI Security Standards Council. But experts say the onus is on companies, not the council, to ensure their security practices are adequate.
DataBreachToday announces its inaugural list of top influencers, reflecting the individuals and organizations who have the biggest impact - good or bad - on the data breach landscape and growing breach epidemic.
If presidential candidates don't have the technical know-how to take an educated stand on whether tech companies should provide the government with a backdoor to encryption, how can we judge if they'll make the right choice if they get elected?
A new report from security firm FireEye that says the mobile banking Trojan dubbed SlemBunk is rapidly becoming more sophisticated illustrates why mitigating mobile malware risks must be an urgent priority for banks this year.
Casino operator Affinity Gaming has sued incident response firm Trustwave, alleging that the firm failed to fully eradicate and "contain" the 2013 data breach and payment card malware outbreak that it was hired to remediate.
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.
Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.
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.
Networking vendor Fortinet refutes a researcher's assertions that there is an SSH "backdoor" in the FortiOS firmware that runs its devices. Many experts say that while the patched flaw looks unintentional, it might still serve as a backdoor.
The discovery of a serious remote code execution flaw in Trend Micro's consumer security software - now patched - is a reminder that even security software has code-level flaws. But shouldn't security vendors be held to a higher standard than others?