As data protection breaches have become daily headline news and everyone becomes increasingly sensitive about privacy, the regulatory regime is getting tougher. Data protection laws in Europe are more important than ever before - especially as the enforcement deadline of the EU GDPR looms.
Fool me once, shame on you. Fool me twice, shame on me. That's the situation facing victims of Equifax's massive data breach, who are being offered identity theft or fraud monitoring services from none other than Equifax. First, however, they have to share some personal information.
The U.S. government has charged three employees of Chinese cybersecurity firm Boysec with stealing valuable intellectual property from Siemens, Moody's Analytics and Trimble. Security researchers say Boysec has been operating since 2007 and is also known as APT 3 and Gothic Panda.
Are you an accused Russian hacker who's been detained on foreign soil at the request of U.S. authorities? Bad news: While Mother Russia will go to court to try to bring you home, your odds of resisting U.S. extradition don't look good.
Like its mythological namesake, the source code for Zeus malware appears to be immortal. New variants continue to surface, including the Terdot banking Trojan, which is also designed to steal email and social networking credentials while remaining hidden.
HyphBot botnet malware is forcing infected PCs to sneakily view high-priced video ads, allowing fraudsters to reap upwards of $1.3 million in daily ad spending, a Danish advertising technology firm warns. The scheme highlights the challenges facing online advertisers seeking legitimate viewers.
Give crooks credit for topicality: They remain loathe to miss a trick. Indeed, hardly any time elapsed after Uber came clean about the year-old breach it had concealed before crack teams of social engineers unleashed appropriately themed phishing messages designed to bamboozle the masses.
With a rise in incidents of omnichannel financial fraud globally, financial institutions need to enhance their ability to detect fraud - while also reducing technical complexity. Maxim Shifrin of IBM Trusteer discusses new solutions.
HealthcareInfoSecurity Executive Editor Marianne Kolbasuk McGee reflects on the just-concluded Healthcare Security Summit in New York in the latest edition of the ISMG Security Report. Also, PCI Security Standards Council CTO Troy Leach addresses ransomware risks.
A British man who was initially arrested on suspicion of hacking English socialite Pippa Middleton's iCloud account has been sentenced to serve a three-year prison sentence after he pleaded guilty to unrelated fraud and blackmail crimes. But he may also have ties to The Dark Overlord extortion gang.
Kaspersky Lab says it "inadvertently" scooped up classified U.S. documents and code from an NSA analyst's home computer, but suggests it wasn't the conduit by which the material ended up in Russian hands. It claims that the computer was riddled with malware.
A security service from McAfee designed to scan and block malicious links sent via email appears to have given a free pass to "Emotet" banking malware, a researcher warned. But McAfee contends that its ClickProtect service worked as intended.
Since last year, North Korean hackers have been targeting businesses in the financial services, aerospace and telecommunications sectors by exploiting a remote administration tool, or RAT, according to an alert issued Tuesday by the United States Computer Emergency Response Team.