The massive "Panama Papers" data leak apparently was enabled by a law firm failing to have the right information security defenses in place. The breach calls attention to the need for all organizations to encrypt sensitive data, use access controls as well as monitor access patterns for signs of data exfiltration.
Security experts worldwide are sorting through the implications of the so-called "Panama Papers" leak, involving 11.5 million records. The documents highlight an elaborate web of offshore holdings that everyone from heads of state to celebrities and fraudsters have allegedly used to hide billions of dollars.
A new coalition of leaders from government, industry and privacy advocacy groups hopes to help provide a framework for reaching a consensus on how to use IT to ensure society's security while protecting individuals' privacy, says Art Coviello, an organizer of the new Digital Equilibrium Project.
A new report, Threat Horizons 2018, from the Information Security Forum paints a fairly pessimistic picture of enterprises' ability to protect their IT from cybercriminals over the next two years. In an interview, ISF's Steve Durbin discusses what organizations can do to mitigate cyberthreats.
Verizon Enterprise Solutions, which regularly assists clients in responding to their data breaches, admits it's suffered its own breach. The breach of contact information reportedly affected 1.5 million business customers, who now face greater risk of phishing attacks.
Despite the recent move to put the FBI-obtained court order against Apple on hold, the crypto debate is far from over, said a panel of law enforcement, legal and industry experts at Information Security Media Group's Fraud and Breach Prevention Summit in San Francisco.
Neither the FBI nor Apple looks good in the days following the postponement of a hearing on whether Apple should be forced to help the bureau crack open the iPhone of one of the San Bernardino shooters. The FBI's credibility is being questioned as Apple's security technology is being tarnished.
Attackers have targeted an unknown number of Russia's 700 banks with bogus security-alert emails. The combination of official-looking infrastructure and digitally signed malware recalls the Anthem attack, among other campaigns.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.
Advanced attacks are out, while persistent, relatively simple attacks are in. Despite all of the APT hype in recent years, cybercriminals, and especially nation-state attackers, prefer to keep things simple. Information security experts explain why.
Credit card and other personal information was exposed in a data breach of Internet hosting provider Staminus Communications, which specializes in protection against distributed denial-of-service attacks. The company hosts the website of the Ku Klux Klan white supremacist group, which was also brought down.
We all realize that the black hats are typically a step ahead of the white hats. But do we accept that our own security controls are contributing to the deficit? Sam Curry of Arbor Networks describes how security leaders can regain their lead in this video interview.
Hackers stole $100 million from the Bangladesh Bank after apparently obtaining payment-transfer codes and moving the money overseas in what experts say appears to be one of the largest bank heists in history.
Automated threat intelligence sharing can significantly reduce the amount of time it takes organizations to identify, assess and react to attacks, according to new research from Johns Hopkins. Mark Clancy, CEO of Soltra, says automated information sharing with government and other sectors is catching on.
The nonstop pace of "Apple vs. FBI" updates and related crypto debates seemed to exceed both the U.S. government's and the information security industry's advanced persistent spin-cycles at this year's RSA Conference.