The U.K.'s data protection regulator has fined Bupa Insurance Services £175,000 ($228,000) for failing to stop an employee from stealing 547,000 customer records, which were later offered for sale on the dark web. The ICO found that the health insurer's CRM system lacked adequate security controls.
Education plays a critical role in any program designed to combat insider threats, says Christopher Greany, head of group investigations at Barclays. He'll discuss how to start an insider threat program in a presentation at Information Security Media Group's Security Summit: London, to be held Oct. 23.
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.
A successful program to mitigate insider threats involves far more than investments in security technologies, says Ram Kumar G, Bangalore-based regional information security officer with multinational technology company Philips, who offers a guide.
The EU's General Data Protection Regulation, which has tough breach notification requirements, is spurring global interest in technologies to help prevent insider breaches, says Tony Pepper of Egress Software Technologies.
Forty-eight percent of customers drop the products and services of organizations that have had a publicly-disclosed data breach. This is but one of the findings of the new 2018 Global State of Online Digital Trust study commissioned by CA Technologies. CA's David Duncan analyzes the results.
UIDAI, which administers the Aadhaar program, has some simple advice: Avoid behaviors such as what R.S. Sharma, chairman of the Telecom Regulatory Authority in India, did on Saturday, when he tweeted his Aadhaar number.
Sometimes efforts to prove a system is secure can really backfire. TRAI Chairman R.S. Sharma's attempt to demonstrate Aadhaar security by tweeting his Aadhaar number on Saturday and inviting anyone to attempt to use it to access his personal information reportedly led to data access by ethical hackers.
Randy Trzeciak, director of the CERT Insider Threat Center at CMU, says he's frequently asked: "Haven't we solved the insider threat problem?" Far from it, he responds. In fact, he's helping many organizations start insider threat defense programs. He'll be a speaker at ISMG's New York Security Summit.
Better, stronger fraud-detection intelligence - that's the promise of the new 3-D Secure 2.0 protocol for digital merchants, networks and financial institutions. But what should organizations do to prepare? James Jenkins of CA Technologies weighs in.
An Equifax software engineer has settled an insider trading charge with the U.S. Securities and Exchange Commission after he allegedly earned $77,000 after he made a securities transaction based on his suspicion that the credit bureau had suffered a data breach.
Mirai-like, distributed denial of service attacks launched by IoT devices are an indication that DDoS may no longer be an external-only threat facing enterprises, warns Philippe Alcoy of Arbor Networks.
Behavioral analytics have taken the fast lane from emerging tech to mature practice. And Mark McGovern of CA Technologies says the technology is being deployed in innovative ways to help detect insider threats.
Electric car manufacturer Tesla has sued a former employee for sabotage, alleging that he "unlawfully hacked the company's confidential and trade secret information" and gave it to third parties while leaving a trail designed to implicate other employees. The ex-employee, however, claims he's a whistleblower.
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.