Progressive companies seeking to improve their security are increasingly adopting bug bounty programs. The theory is that rewarding outside researchers improves security outcomes. But in practice, bug bounty programs can be messy and actually create perverse incentives, says bug-hunting expert Katie Moussouris.
Paige A. Thompson, who's been arrested on a charge of hacking into Capital One's network and taking the personal and financial data of 106 million individuals, is also suspected of stealing information from over 30 other organizations, according to new court documents.
The news that serial entrepreneur Elon Musk and scientists have unveiled Neuralink - a neuroscience startup that's been in stealth mode for two years and aims to create a new computer/brain interface - might make you ask: What took him so long? Before signing up, just make sure it's immune to ransomware.
More lawsuits have been filed in the wake of the Capital One breach that exposed the data of more than 100 million individuals. GitHub is also a target of one of those lawsuits, which alleges the code-sharing site failed to promptly remove breached data.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
Through hundreds of millions of selfies, the small Russian company behind FaceApp has likely created one of the largest private troves of geometric and facial landmark data - on the scale of Google and Facebook. The viral app has turned into an intellectual property boon.
Cisco has agreed to pay $8.6 million to settle a whistleblower lawsuit that claimed the networking company sold video surveillance software to local, state and federal agencies over a six-year period that contained serious security vulnerabilities.
A federal judge has granted preliminary approval for a $74 million settlement of a consolidated class action lawsuit against health insurer Premera Blue Cross stemming from a 2014 data breach that affected 11 million individuals. More money will go to security enhancements than to victim reimbursement.
The U.S. Justice Department and the Federal Trade Commission officially announced a privacy settlement with Facebook that includes a record-setting $5 billion fine. As part of the agreement, CEO Mark Zuckerberg must submit quarterly and annual reports to show that the company is in compliance with the FTC order.
Given the massive impact of the Equifax data breach, is the recently announced proposed settlement fair? One consumer advocate calls the money to be paid out by the consumer reporting agency the equivalent of a "parking ticket." Here's an analysis of the settlement's terms.
The list of laboratories and other healthcare clients affected by the data breach at American Medical Collection Agency continues to grow - as does the number of patients whose data may have been exposed. Here's the latest tally.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.