At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
Increasingly, regulators are looking to hold individual executives accountable for data breaches. This is where attorney Aravind Swaminathan steps in to represent security leaders in legal actions. What are the potential liabilities?
The latest edition of the ISMG Security Report analyzes the debate over whether the government should require technology firms to use weak encryption for messaging applications. Plus, D-Link's proposed settlement with the FTC and a CISO's update on medical device security.
D-Link has reached a proposed settlement with the U.S. Federal Trade Commission, which alleged the IoT device developer left consumers vulnerable to hackers through inadequate security practices. The terms of the settlement may serve as a warning to IoT makers to get their security checks in order.
Italy's data protection regulator has slapped a $1 million fine on Facebook for mismanaging user data and precipitating the Cambridge Analytica debacle. But that pales by comparison to the the fine that's reportedly still being weighed by the U.S. Federal Trade Commission.
The India parliament is considering a new Aadhaar amendment bill that would introduce a host of changes in line with the Supreme Court's decision that Aadhaar cannot be made mandatory for identification and authentication for certain private-sector purposes.
A British judge has determined that an extradition hearing for WikiLeaks founder Julian Assange won't be held until next February. The U.S. is asking for the extradition so Assange can face espionage charges.
The latest edition of the ISMG Security Report features a deep dive into an analysis of the cybersecurity risks that publicly traded companies face. Plus: Was the band Radiohead hacked? And what's unusual about the proposed Premera Blue Cross breach lawsuit settlement?
The White House budget chief is seeking to delay a ban on the U.S. government using products manufactured by Huawei. In a letter to Vice President Mike Pence, Russell T. Vought, the acting director of the Office of Management and Budget, says organizations need more time to switch suppliers.
Retired Supreme Court Justice B.N. Srikrishna, who headed the committee that drafted the proposed Indian data protection bill, acknowledges that the bill's breach notification requirements will need further clarification.
One year after Europe's tough new GDPR privacy law went into full effect, authorities in Britain have seen the number of annual data breach notifications more than quadruple. Meanwhile, the number of data protection complaints filed by Europeans has doubled.
As Prime Minister Narendra Modi prepares to begin a second term as a result of the recently completed elections, which saw the Bharatiya Janata Party retain control of Parliament, some security experts are upbeat about the prospects for cybersecurity progress in India.
A federal grand jury has indicted WikiLeaks founder Julian Assange on 18 counts under the U.S. Espionage Act for his role in publishing classified material, the Justice Department announced Thursday. He's currently serving a prison sentence in the U.K. and fighting extradition to the U.S.
Data localization would increase costs to cloud service providers and change the services available for consumers, says Venkatesh Krishnamoorthy, country manager, India, for BSA, who calls for minimizing regulatory burdens.