The Reserve Bank of India has decided to allow all banks to use remote video-based "know your customer" authentication for onboarding new clients. But some observers say many Indian banks may prove reluctant to use video KYC because they lack the necessary technology and new customers lack smartphones.
P&N Bank in Perth, Australia, says a server upgrade gone wrong led to the breach of sensitive personal information in its customer relationship management system. The incident is another example how organizations can be imperilled by mistakes on the part of their suppliers.
The latest edition of the ISMG Security Report discusses why Britain is struggling to determine whether to use China's Huawei technology in developing its 5G networks. Plus: An update on a mobile app exposing infant photos and videos online and an analyst's take on the future of deception technology.
One of biggest challenges of complying with Thailand's Personal Data Protection Act, which will go into effect in May, is managing the consent of customers, says Surachai Chatchalermpun, CISO with Krung Thai Bank, the nation's largest state bank.
A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax, which in 2017 suffered one of the largest data breaches in history. The minimum cost to Equifax will be $1.38 billion.
Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?
The NSA took the unusual step Tuesday of announcing what it calls a "severe" vulnerability in Microsoft's Windows 10 operating systems ahead of Microsoft's Patch Tuesday security update. The flaw could allow attackers to execute man-in-the-middle attacks or decrypt confidential data within applications.
U.S. Attorney General William Barr is ratcheting up the pressure on Apple to unlock two iPhones belonging to a Saudi national who carried out a deadly shooting in December. The attorney general is labeling the shooting as an act of terrorism and says Apple is hampering a counterterrorism investigation.
A baby photo and video-sharing app called Peekaboo Moments is exposing sensitive logs through an exposed Elasticsearch database, a researcher has found. The data includes baby photos and videos, birthdates, location data and device information.
Proof-of-concept code has been released to exploit a severe Citrix vulnerability present in tens of thousands of enterprises. Citrix says it's developing permanent patches but that enterprises should use its mitigation guidance. In the meantime, attackers are hunting for vulnerable machines.
British regulators have fined Dixons Carphone $653,000 for a breach that exposed millions of payment card details and personal data due to point-of-sale malware. The retailer's lack of security contributed to a "careless loss of data," the Information Commissioner's Office says.
Researchers are attempting to develop new forms of cryptography that could not be cracked by powerful quantum computing devices that are in the works. Divesh Aggarwal, principal investigator at Singapore's Center for Quantum Technologies, describes the efforts.
The FBI has sent a letter to Apple asking for help in accessing encrypted data from two iPhones belonging to a deceased shooter. The bureau's move may be a prelude to another legal fight between the FBI and Apple over strong encryption.
Adopting the policies in NIST 800-171 brings multiple security-related benefits, including best practices for data access policies, reduced risk of data breaches and insider threats, and a scalable approach to protecting sensitive data.
Protecting enterprise networks from attackers boils down to the same thing: Unless organizations get the basics right, they're sitting ducks. That's a top takeaway from experts warning that Iran will likely retaliate with cyberattacks after one of its senior military leaders was killed by a U.S. drone strike.
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