Ransomware has struck the city of Atlanta and frozen internal and customer-facing applications, hampering residents from paying bills or accessing court information. But the city says it has working backups and expects to pay employees on time.
In the wake of the Punjab National Bank breach and other bank breaches, cyber insurance companies are seeing an uptick in demand for their products, says Anup Dhingra of Marsh India, an insurance brokerage and risk management firm.
As the Cambridge Analytica scandal continues to unfold, Congress seeks answers from Facebook, calling on CEO Mark Zuckerberg to testify. Also in the latest edition of the ISMG Security Report: Is it possible to build a secure digital wallet for storing cryptocurrency?
A group of suspected Chinese cyber espionage actors, dubbed TEMP.Periscope or Leviathan, has re-emerged, targeting the maritime industry as well as others, according to a report from FireEye. Many of those targeted have connections to the South China Sea.
States will not have the full range of much-needed cybersecurity practices and equipment in place for this year's U.S. midterm elections. But efforts underway might deliver many much-needed improvements in time for the 2020 elections, Homeland Security Secretary Kirstjen Nielsen tells a Senate committee.
Facebook CEO Mark Zuckerberg broke five days of silence as pressure intensifies on Facebook to account for a data leak to a voter-profiling firm that worked for the Trump campaign. In a lengthy blog post, Zuckerberg has pledged to make changes to better protect personal data. But is it too late?
Regulators, attorneys general and lawmakers in the U.S., U.K. and Canada are attempting to unravel the events that led to the personal information of as many as 60 million Facebook users leaking to a London-based voter-profiling firm.
A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
Al Pascual of Javelin Strategy and Research discusses a new report that shows that while crypto wallets may be considered to be at the sharp end of payments innovation, the security vulnerabilities they face are much the same as those that already exist in digital banking and payments.
Facebook may be facing the fight of its life. The social media company is seeing mounting pressure and a collective outcry over personal data for millions of its users having been collected by a voter-profiling firm once retained by the Trump campaign.
Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.
There seems to be no end to the bad news about Indian government website vulnerabilities. What can the government do to better protect citizens' data? For starters, they should promptly pay attention to warnings from local security researchers.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
Equifax has a new problem in Australia, a country that was left unscathed by the credit bureau's devastating data breach. The Australian Competition and Consumer Commission alleges the credit bureau deceived vulnerable consumers by misrepresenting its products and charging for services that should have been free.