Verizon Enterprise Solutions, which regularly assists clients in responding to their data breaches, admits it's suffered its own breach. The breach of contact information reportedly affected 1.5 million business customers, who now face greater risk of phishing attacks.
Despite the recent move to put the FBI-obtained court order against Apple on hold, the crypto debate is far from over, said a panel of law enforcement, legal and industry experts at Information Security Media Group's Fraud and Breach Prevention Summit in San Francisco.
Neither the FBI nor Apple looks good in the days following the postponement of a hearing on whether Apple should be forced to help the bureau crack open the iPhone of one of the San Bernardino shooters. The FBI's credibility is being questioned as Apple's security technology is being tarnished.
The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
Vikrant Varshney of Risk Resources believes cyber threats are a concern of every individual, every organization who thought IT is just a system. A collaborative approach in building awareness is acute to fight this cyberwar, he says.
As ISMG's Data Breach Summit Asia 2016 in Bangalore wrapped up, security practitioners seemed excited to seek answers from experts on the challenges bothering them while putting a breach response plan in place.
Attackers have targeted an unknown number of Russia's 700 banks with bogus security-alert emails. The combination of official-looking infrastructure and digitally signed malware recalls the Anthem attack, among other campaigns.
In a lawsuit, two small merchants say they, and many other retailers, are unfairly being forced to pay fraud-related expenses as a result of the EMV liability shift even though they converted to EMV technology by the card brands' deadline. Fraud prevention experts analyze the implications of the case.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Advanced attacks are out, while persistent, relatively simple attacks are in. Despite all of the APT hype in recent years, cybercriminals, and especially nation-state attackers, prefer to keep things simple. Information security experts explain why.
The FBI calls ransomware "a prevalent, increasing threat." One recent campaign earned at least $325 million in global profits, while U.S. victims tell the FBI they paid $24 million in ransoms in 2015. And attackers are plowing profits back into improving their malicious code.
Hackers stole $100 million from the Bangladesh Bank after apparently obtaining payment-transfer codes and moving the money overseas in what experts say appears to be one of the largest bank heists in history.
Because of growing cybersecurity concerns, CISOs in the financial sector finally are getting more time with their boards of directors and more direct interaction with senior executives, says John Carlson, chief of staff at the Financial Services Information Sharing and Analysis Center.