One of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by Germany's federal privacy and data protection watchdog, the BfDI, against 1 & 1 Telecommunications, in part for inadequate authentication mechanisms. The company plans to appeal.
We can see criminals are moving up the financial value chain from attacking lots of targets with smaller rewards to smaller numbers of targets with higher rewards
The latest edition of the ISMG Security Report discusses new combination ransomware and doxing attacks. Plus, Twitter drops phone numbers in 2FA, and why we need to consider quantum cryptography today.
Some 4 terabytes of data on over 1.2 billion individuals - including LinkedIn and Facebook profiles - was exposed to the internet on an unsecured Elasticsearch server, according to an analysis by a pair of independent researchers.
One key step for preparing to comply with the California Consumer Privacy Act, which goes into effect in January, is determining how best to verify the identity of users, say two leaders of the Sovrin Foundation, who discuss the key issues.
What's the best way to spring your citizens from foreign jail if they've been detained on U.S. hacking charges? That's a question that continues to plague Russia, including in the ongoing case against Aleksey Burkov, who's been charged with being part of a $20 million payment fraud scheme.
The shift to the cloud has made the perimeter-centric view of security obsolete and led to the creation of the "zero trust" approach. But how do we best manage identity as the new security perimeter? Teju Shyamsundar of Okta shares insights.
The latest edition of the ISMG Security Report offers an in-depth analysis of how to prevent data exposure in the cloud. Plus: why PCI's new contactless payment standard lacks PINs, and how to go beyond the hype to accurately define "zero trust."
Visa's move to no longer offer one-time passwords for smaller card-not-present transactions - up to INR 2000 - in India is drawing a mixed reaction. While proponents say the move will lead to wider use of digital payments, critics argue it will weaken security.
Scammers are using the notorious Phorpiex botnet as part of an ongoing "sextortion" scheme, according to Check Point researchers. At one point, the botnet was sending out over 30,000 spam emails an hour and the attackers made about $110,000 in five months, researchers say.
Robotic process automation aims to use machine learning to create bots that automate high-volume, repeatable tasks. But as organizations tap RPA, they must ensure they take steps to maintain data security, says Deloitte's Ashish Sharma.
Organizations are accepting that the network perimeter no longer serves as the "ultimate defense" and thus adapting zero-trust principles, including least privilege, based on the understanding that they may already have been compromised, says Darran Rolls of SailPoint.
Code reuse kills - software quality, that is, according to a new study of C++ code snippets shared on Stack Overflow that were reused in more than 2,800 GitHub projects. But there's help for organizations that want to support their developers' urge to cut and paste prewritten code snippets.
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