Facebook CEO Mark Zuckerberg broke five days of silence as pressure intensifies on Facebook to account for a data leak to a voter-profiling firm that worked for the Trump campaign. In a lengthy blog post, Zuckerberg has pledged to make changes to better protect personal data. But is it too late?
A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
The unfolding story of Cambridge Analytica, which shows how personal information on millions of consumers was obtained via Facebook, demonstrates the degree to which our personal data can be weaponized against us.
Equifax has a new problem in Australia, a country that was left unscathed by the credit bureau's devastating data breach. The Australian Competition and Consumer Commission alleges the credit bureau deceived vulnerable consumers by misrepresenting its products and charging for services that should have been free.
The PCI Security Standards Council is offering 40 percent lower fees for participating organizations in nations with lower-income economies. "We want to encourage countries in Africa and South Asia to get engaged with us," Jeremy King, international director at PCI SSC, tells ISMG in an exclusive interview.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
Those concerned about the security of India's Aadhaar biometric ID are pleased that the Supreme Court has ruled that linking Aadhaar numbers to bank accounts, payment cards and mobile phones cannot be mandatory until security issues are adequately addressed.
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.
President Donald Trump has blocked a bid by Singapore's Broadcom to acquire U.S. chipmaker Qualcomm on the grounds that it could impact national security, including the United States' ability to help shape future mobile telephony standards.
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.
Some security experts in Asia are raising concerns about legislation the European Union might soon consider that, if enacted, would force technology and social media companies to hand over customer data held outside the EU so it can be used in criminal investigations.
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.