Digital trust: It's the present and immediate future of how enterprises and customers do business, says Brendon O'Donovan of TeleSign. But what are the fundamentals to create it and the tools to ensure it throughout the customer relationship?
The latest edition of the ISMG Security Report discusses how the leader of a "transnational cybercrime syndicate" has been arrested in Nigeria, according to Interpol. It also shares updates on U.S. privacy laws and how we can improve collaboration as an industry.
A $150 million penalty has been slapped on Twitter for deceptively using account security data of millions of users for targeted advertising, the U.S. Justice Department and the Federal Trade Commission say. Twitter says it has paid the fine and ensured that personal user data is secure and private.
Mark Zuckerberg, CEO of Facebook parent Meta, is being sued for failing to protect users of the social media platform during the Cambridge Analytica privacy scandal. The lawsuit on behalf of the District of Columbia was initiated by Washington, D.C. Attorney General Karl A. Racine.
Ransomware group Conti, which has been holding to ransom crypto-locked Costa Rican government systems since April, has claimed on its leak site Conti News that it has "insiders" in the country's government, and that they are working toward the compromise of "other systems."
The separation and security measures relied upon traditionally in IT and OT environments have been compromised by recent interconnectivity. When considering growing proliferation of IT and OT devices, identities and applications along with the rise of hybrid workforce and the skills and resource shortages, the...
In the latest "Proof of Concept," Lisa Sotto, Jeremy Grant and ISMG editors discuss the significance of Apple, Google and Microsoft supporting the FIDO protocol's passwordless sign-in standard, progress made on Biden's cybersecurity executive order and updates on U.S. cybersecurity and privacy laws.
Cybersecurity as a Tier 1 threat for financial services, reports indicate that FSI companies experience fewer incidents successively each year.
On a negative one, FSI companies now need to deal with highly sophisticated attacks that are crafted to aim at their organizations specifically
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Understanding the challenges that increase cyber risks faced by the financial industry is crucial to be resilient against cyber threats.
In this blog you will learn how the below challenges can be addressed in a holistic approach:
Continuous Digital Transformation and Innovation
Complicated Legislations and...
The European Parliament has granted Europol permission to receive and process datasets from private parties and pursue research projects for better handling of security-related cases. Use of these powers will be overseen by the European Data Protection Supervisor and the Fundamental Rights Officer.
Connecticut has just become the fifth U.S. state to get a comprehensive data privacy and online monitoring law, as Senate Bill No. 6 passed into law on Wednesday. The law will go into effect on July 1, 2023, which means that organizations in the state have just 14 months to prepare for compliance.
Smartphones used by Spain's prime minister and defense minister were infected with Pegasus spyware built by Israel's NSO Group, government officials allege. The discovery follows human rights researchers finding Pegasus infections targeting Catalonians, likely traceable to the Spanish government.
New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within 36 hours after an organization suffers a qualifying "computer-security incident." What does this mean for banks, and what are the likely challenges?