The former CEO of Yahoo, which has had 3 billion records exposed in a 2013 data breach, testified at a Senate hearing that it's tough for any corporation to defend against nation-state backed cyberattacks. That led senators to grill Marissa Mayer about the security steps Yahoo had taken.
Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.
Equifax says four senior executives - including its CFO - did not know the company had suffered one of the worst breaches in history when they collectively sold about $1.8 million worth of shares. Equifax's board found that 12 days elapsed before the first of the four learned about the hack.
Thom Langford, CISO of Publicis Groupe, says all companies should consider two essential elements when crafting an incident response plan: strong legal representation and a communications plan that considers both internal and external messaging.
Organizations can reduce the impact of inevitable data breaches by properly training staff to handle all the key response steps, says Parag Deodhar, CISO for Asia Pacific at Axa Group, a multinational insurance firm.
The National Health Service in England should have been able to block the "unsophisticated" WannaCry ransomware outbreak, U.K. government auditors have found. Security experts say the findings should be studied by senior executives across all industries to "learn from the mistakes of others."
Developing safe and effective information sharing practices to foster greater interoperability presents big challenges. As information sharing becomes increasingly vital in building resilient cybersecurity, the need to put a strong, collaborative structure in place is critical.
Although there are many options for...
Researchers claim to have discovered information from 6,000 Indian enterprises, including governmental units, for sale on the dark net. But while the National Internet Exchange of India, the apparent source of the information, is attempting to downplay the incident, others are demanding a clear explanation.
The recent Equifax mega-breach demonstrates how essential it is to have a robust, well-tested incident response plan in place that includes a strong public relations component, says Heath Renfrow, CISO at U.S. Army Medicine
Haryana has launched its own cybersecurity framework. But some security practitioners question whether it's really necessary, given the national policy in place. And they point to a lack of detail in the state policy, such as the failure to spell out penalties to be imposed if a firm fails to protect data.
The chairman of the Securities and Exchange Commission, Jay Clayton, promised the Senate banking committee Tuesday that his agency is pursuing numerous cybersecurity improvements in the wake of a May 2016 breach.
In today's dynamic threat landscape, "real-time" is the operative phrase - and it needs to apply both to threat detection and incident response, says Tim Bandos of Digital Guardian. What are the required security controls and tools?
Oil & Natural Gas Corp. is augmenting its ISOC to serve its enterprise wide network, SCADA and business systems to enable detection of threats in real time, says A.S. Rao, CISO. "We have gone in for a hybrid model to build required skills to completely operationalize the ISoC," he says
After a breach, businesses need to know their incident response from their digital forensics. Hint: Forensics enables organizations to know what happened, when and how, to guide incident responders as they defuse the problem, block further exploits and quickly restore all systems and data. Incident response expert...