Four business sectors - hospitals, banks, securities firms and market infrastructure providers - potentially face the most significant financial impact from cyberattacks that could lead to a weakened credit profile, according to a new report from Moody's Investors Service.
The latest edition of the ISMG Security Report features Greg Touhill, the United States' first federal CISO, discussing how "reskilling" can help fill cybersecurity job vacancies. Plus, California considers tougher breach notification requirements; curtailing the use of vulnerable mobile networks.
Ireland's privacy watchdog has its eye on Facebook. Ten of the 15 major investigations that the Data Protection Commission launched since the EU's tough new privacy law, GDPR, went into full effect in May 2018 are focused on Facebook.
An "authorized third party" exposed a Dow Jones database with more than 2.4 million records of risky businesses and individuals on a public server without password protection. The incident points to the importance of proper vendor risk management, security experts say.
Facebook's effort to stem the flow of fake news globally has been ineffective, allege some fact checkers who have collaborated with the social media giant to identify and debunk false stories. Is the social media giant merely conducting a public relations exercise?
Driven by Marriott's Starwood mega-breach, California lawmakers are pushing legislation that would expand the state's pioneering data breach notification requirements to include breaches of biometric data and all types of government identification numbers, including passports.
The notorious carder site Joker's Stash is featuring a fresh batch of Pakistani banks' payment card data with an estimated street value of $3.5 million. Nearly all of the 70,000 bank cards are advertised as being from Meezan Bank, the country's largest Islamic bank, Group-IB reports.
Australia has faced a few tough weeks on the cybersecurity front. Toyota Australia's computer systems were still down Friday after an attempted cyberattack. A healthcare group acknowledged it was the victim of a ransomware attack. And last week, suspected nation-state attackers hit Parliament's email systems.
The latest edition of the ISMG Security Report describes vulnerabilities found in popular password generator apps. Plus, the evolution of blockchain as a utility and a new decryptor for GandCrab ransomware.
Facebook says it will soon issue a patch for a bug in its WhatsApp messenger application that can circumvent a security feature launched just last month for Apple devices. The flaw could let someone with physical access to a device bypass Face ID and Touch ID.
A Congressional committee is demanding Facebook provide answers concerning a complaint filed with the FTC alleging misleading privacy practices involving personal health information. The complaint also alleged a data leak exposed the names of over 10,000 cancer patients participating in a Facebook group.
A security consultancy discovered Facebook user data exposed in two different places online without authentication or encryption. The data, which is now offline, came from an Android app that purported to offer statistical information to logged-in users.
The Federal Trade Commission is reportedly negotiating a settlement with Facebook that includes a multibillion dollar fine for its privacy failures. But the social network is alarmed about the proposed settlement agreement's terms and conditions, The Washington Post reports.
A famed British computer security researcher has lost several key motions in a federal hacking case that stems from his alleged contribution to two types of banking malware. The rulings could complicate the challenges for the defense team of Marcus Hutchins, who remains in the U.S.
The latest edition of the ISMG Security Report highlights how thieves can use "deep fake" photos in an attempt to steal cryptocurrency. Also featured: A discussion of the implications of "data gravity" and an analysis of whether the era of mega-breaches is ending.