The Securities and Exchange Commission and the Department of Justice have both charged Jun Ying, a former CIO at data broker Equifax, with engaging in illegal insider trading after he determined that his employer had suffered a massive breach.
A U.S. power company, unnamed by regulators, has been fined a record $2.7 million for violating energy sector cybersecurity regulations after sensitive data - including cryptographic information for usernames and passwords - was exposed online for 70 days.
Security operations center, or SOCs, will not lose their relevance even as Cyber SOCs become more common because both have strengths and weaknesses, says Shiju Rawther, head of technology infrastructure and security operations at a credit bureau in India.
A federal judge has largely rejected a motion by Verizon to dismiss a class-action lawsuit filed by victims of three data breaches that compromised Yahoo, which is now part of Verizon. The Yahoo breaches appeared to have compromised nearly every Yahoo user's personal details at least once.
Whoever unleashed malware built to disrupt last month's Winter Olympics in Pyeongchang, South Korea, designed it to look like it had been executed by a group of hackers tied to North Korea. But researchers at the security firm Kaspersky Lab say any such attribution would be false.
The U.S. Senate is considering a banking reform bill that would ban credit agencies' practice of charging for a credit freeze, one of the crucial steps experts say can help pre-empt identity theft. Lawmakers have been under intense pressure to create laws that better protect consumers following Equifax's data breach.
As more data moves to the cloud, and cyberattacks multiply, organizations need to adopt an alternate paradigm of security, says Nikhil V. Bagalkotkar, a virtualization specialist at Citrix, who describes a new approach.
More than 95,000 servers that run the open source Memcached utiltity appear to remain vulnerable to being abused to launch massive DDoS attacks, with one such attack reaching a record 1.7 terabits per second. Here's how organizations and IT administrators must respond.
Too many organizations lack an effective strategy for using the latest security technologies to protect their data centers, says Sridhar Pinnapureddy, founder and CEO at CtrlS Datacenter, Asia's largest Tier 4 data center.
The attorney general of Pennsylvania has filed a lawsuit against Uber for allegedly violating the state's mandatory breach notification law. It's the latest in a long string of legal and regulatory repercussions Uber is facing after waiting more than a year to disclose a serious breach.
The multi-million dollar banking frauds and card breaches in India in the last year are proof of inadequate security and the lack of a thorough audit mechanism. What needs to change?
In yet more evidence of the security shortcomings of government websites in India, a researcher determined that the websites of Bharat Sanchar Nigam Limited, or BSNL, the state-run telecommunications company, were hackable because of SQL injection vulnerabilities.
In a groundbreaking prosecution, two individuals in Ukraine have been sentenced for running extortion campaigns that disrupted international victims' websites with massive DDoS attacks unless they paid bitcoin ransoms of up to $10,000.
Anyone who dined out at one of 166 Applebee's restaurants in 15 states may have had their payment card details compromised by point-of-sale malware infections that began in November 2017, RMH Franchise Holdings warns.
Although more organizations are adopting cloud access security broker technology, CASB policy templates and runbooks, as well as best practices, are still evolving, says Rohit Gupta, group vice president for cloud security products at Oracle Corp.
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