The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
A Spanish consumer rights organization says telecommunications company Telefónica has fixed an elementary security error in its Movistar website that potentially exposed billing invoices for millions of customers. Telefónica says it hasn't detected fraudulent use of the data.
The latest edition of the ISMG Security Report features a discussion of California's groundbreaking new privacy law as well as an update on the potential impact of the hacker group responsible for the Ticketmaster breach.
Support for building in privacy and security by design is growing as a result of the explosion of such new technologies as such artificial intelligence, IoT and various digital devices, says Latha Reddy, co-chair of the Global Commission on the Stability of Cyberspace.
Australian medical booking platform HealthEngine offered AU$25 (US$19) gift vouchers to dental patients who sent photos of their treatment invoices to the company, which it positioned to patients as "invaluable" research. Privacy experts say the company may have fallen afoul of Australian privacy guidelines.
The U.K. has approved a plan to build a cutting-edge court complex in London designed to handle cybercrime, fraud and economic crime. The facility is expected to be a growth driver for the country's legal industry, despite the U.K.'s pending withdrawal from the European Union.
Leading the latest edition of the ISMG Security Report: CipherTrace CEO Dave Jevans discusses recent research on cryptocurrency money laundering and whether regulation is possible. Plus, California passes a new privacy law.
In the age of GDPR, more organizations are looking to data classification - including more automated techniques for doing so - as a way to not only help them protect their crown jewels, but in the case of a breach quickly identify what went missing, says Digital Guardian's Tony Themelis.
A coding mistake by an electronic health records vendor has resulted in a data breach impacting thousands of United Kingdom patients. But the incident also serves as a reminder to healthcare entities in the U.S. and elsewhere about the variety of data privacy and security risks vendors can pose.
Google says it closely vets third-party party applications that peek into Gmail boxes. But an investigation by the Wall Street Journal raises questions if consumers are fully aware of the consequences of granting access to third-party apps and the practices of email-scanning companies.
Companies are sending notification emails about a data breach at Typeform, a software-as-a-service platform for distributing and managing surveys, questionnaires and competitions. The breach is so far known to affect Travelodge, Fortnum & Mason, Monzo bank and the Tasmanian Electoral Commission.
Much more must be done to shore up the U.K.'s national infrastructure. "It's partly austerity, and it's partly what's happening in the global economy, but we've really seen an underinvestment, specifically in the critical national infrastructure," says LogRhythm's Ross Brewer.
Cryptocurrency money laundering is increasing dramatically, being already three times greater than in 2017. And we're only half way through the year, observes Dave Jevans, Founder and CEO of CipherTrace, and chairman of the Anti-Phishing Working Group.