All the key players of a company's management group, including the CISO, need to be involved in the decision about whether to invest in cyber insurance, says Greg Markell of Ridge Canada Cyber Solutions, a cyber insurer.
Summit Credit Union of Wisconsin is seeking class-action status for a lawsuit against credit bureau Equifax. The credit union contends it will have to bear the fraud costs resulting from Equifax exposing a massive amount of U.S. consumer data in one of the worst data breaches ever seen.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.
A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.
Mobile malware threats are surging in India. For example, about 40 percent of all the attacks involving Xafecopy malware were targeted at the nation. The increasing attacks on mobile phones have called attention to the need to boost awareness of mobile security and take critical mitigation steps.
Canada led North America in EMV adoption, and now it is seeing a commensurate growth in card-not-present fraud. Gord Jamieson of Visa Canada describes how Visa is responding to this latest wave of CNP fraud.
For one month, the installer for a widely used, free Windows utility called CCleaner also installed a malicious payload that was designed to allow attackers to push additional malware onto infected PCs, warns Cisco Talos. Developer Piriform, owned by Avast, has released updates that expunge the malware.
Equifax is facing increased scrutiny from Congress, including a bill that would mandate free credit freezes for consumers, on demand. But a true fix would require Congress to give U.S. government consumer watchdogs more power.
Researchers in Australia says they've conquered a thorny problem: how to view information stored on multiple air-gapped networks at the same time without security or usability concerns. They've created a device, called the Cross Domain Desktop Compositor, that's been tested by the Australian Department of Defense.
The arrest of 10 men in Uttar Pradesh for allegedly cloning fingerprints of authorized Aadhaar enrollment officers is once again stirring debate over whether it's wise for India to rely so heavily on Aadhaar for authentication.
In cryptocurrency we trust: The government of North Korea has been turning to bitcoin exchange heists and cryptocurrency mining - potentially using malware installed on other countries' systems - to evade sanctions and fund the regime, security experts say.
The Trump administration is directing U.S. federal executive branch agencies to remove anti-virus software from Russian-owned Kaspersky Lab from their computers within 90 days. Kaspersky denies "inappropriate" ties to Russian government.
A former cybersecurity analytics specialist at health insurer Anthem, which experienced a massive data breach, offers insights on key steps organizations should take to avoid becoming the next breach victim in the headlines.
Only 38 percent of banking/security leaders have high confidence in their organization's ability to detect and prevent fraud, according to the latest ISMG Faces of Fraud Survey. John Gunn of VASCO Data Security weighs in on how to improve that confidence.