Dear customer: "The security and privacy of your systems are our priority." Cue a new breach notification, this time from Lightspeed POS, which sells a cloud-based point-of-sale product used by 38,000 organizations.
The need for an adaptive security approach, the shift from breach prevention to detection and a surge in spending on information security were some of the key themes at the recent Gartner Security & Risk Management Summit in Mumbai.
In their quest for easy ways to extort victims into giving them bitcoins, cybercriminals continue to double down on crypto-ransomware attacks and increasingly target enterprises, seeking proportionally higher paydays.
While the push for security in regulated industries is compliance driven, it's essential for organizations to also develop security strategies based on business risks, says A. Shiju Rawther, head of infrastructure and security operations at a leading credit-rating bureau in India.
Ashley Madison, the extramarital online hookup service breached by attackers in 2015, has agreed to bolster its information security and data retention practices after regulators in Australia and Canada ruled that the site violated local privacy laws.
Indian organisations are easy prey for Pakistani hackers who are defacing their websites and sometimes also blocking transactions. But law enforcement is finding it challenging to crack down on foreign hackers because of uncertainty over which Indian laws apply.
Hear ISMG editors untangle the various elements in the Shadow Brokers-Equation Group saga, evaluate a new anti-ransomware tool and reflect on the 10th anniversary of the PCI Security Standards Council in this edition of the ISMG Security Report.
SWIFT screwed up. That's the takeaway from a new report into the Brussels-based cooperative, which alleges that the organization overlooked serious concerns relating to smaller banks' security and the risks they posed to the health of its entire network.
Vikrant Arora, CISO of NYC Health & Hospitals, offers the four most important questions a board must ask the CISO to get a good understanding of how the organization is addressing top cybersecurity concerns.
Malware researcher Ivan Kwiatkowski unleashed ransomware on tech-support scammers after his parents stumbled across a site warning they'd been infected by Zeus. Despite the feel-good factor, however, security experts advise against hacking back.
An unparalleled mystery has piqued the security community's curiosity. A group calling itself the "Shadow Brokers" claims to have stolen code and exploits from the Equation Group, a nation-state spying group suspected to be affiliated with the NSA.
FireEye CEO Kevin Mandia has blamed his company's lower-than-expected quarterly revenue on the rise of ransomware and cyber extortion attacks and a decline in APT campaigns. Experts debunk those assertions.
A new research project called Amnesia tackles the password management problem by not storing full data in any one place where it can be hacked. But does this proposed solution truly offer better password security?
It's easy to look at the payments landscape and see only the flaws. But payment card security has come a long way in the past 10 years, thanks in large part to the PCI Data Security Standard. How will card security be refined in the coming decade?