Facebook says that whoever hacked 50 million user accounts, putting the privacy of those users' personal data at risk, did so by abusing its "View As" privacy feature. Facebook says the attack successfully targeted three separate bugs in its video-uploading functionality.
WhatsApp has agreed to appoint a grievance officer for India who will handle complaints about fake news. The nation's government had demanded the action in the wake of recent mob violence triggered by fake news spread on the social media platform. But will the appointment have a significant impact?
Massive, well-resourced companies are still using live customer data - including their plaintext passwords - in testing environments, violating not just good development practices but also privacy laws. That's yet another security failure takeaway from last year's massive Equifax breach.
India is seeing a surge in government website defacements and data leaks that apparently are tied to nation-states. But if key stakeholders from all sectors collaborate, using appropriate skills and technologies, they can fight off these threats.
The issue of access management and vulnerable software applications has come back to haunt the Unique Identification Authority of India which manages the Aadhaar database containing biometrics and personal information of over 1 billion Indians.
The Monetary Authority of Singapore is proposing to require financial institutions to implement six security measures to better guard against cyberattacks. But some security experts say the tricky part will be making sure banks actually take the required steps.
It's déjà vu "FBI vs. Apple" all over again, as Reuters reports that the Justice Department is seeking to compel Facebook to build a backdoor into its Messenger app to help the FBI monitor an MS-13 suspect's voice communications.
The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
"We are living in difficult times ... when the government data is the most vulnerable," says Jayesh Ranjan, principal secretary-IT, electronics and communications & industries and commerce, government of Telangana. He calls for creating "a strong institutional mechanism" to tackle threats.
Implementing a next-generation cybersecurity operations center, or CSOC, enables CISOs to take a modular approach to improving risk mitigation, says M. Srinivas Rao, co-founder and CEO at Aujas Networks, a global IT risk management company.
One of the key lessons offered at ISMG's Fraud & Breach Prevention Summit, held June 12-13 in Bengaluru, was the need for security practitioners to have a better perception of threats and risks so they can build successful detection and defense mechanisms.
File-less malware is a huge security challenge for organizations today, and traditional email security controls aren't sufficient to meet the challenge. Burke Long of Lastline offers insight on a new way to approach email security.
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.
Thirty-four companies have signed on to the Microsoft-led Cybersecurity Tech Accord, which is aimed at protecting civilians from cybercriminal and state-sponsored attacks. The agreement crucially includes a pledge not to help governments with cyberattacks
While CISOs in India are fighting off threats from technologically adept cyberattackers, they are also grappling with the challenge of effectively communicating cyber risk to management in the business terms that they can understand, says K.K. Mookhey, founder of Mumbai-based NII consulting.
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