Yahoo is hoping a revamped proposed breach-related settlement will pass muster with a federal judge who rejected the first one for myriad reasons, including high attorney fees and a lack of transparency. The settlement totals $117.5 million, just ahead of health insurer Anthem's $115 million settlement.
The latest edition of the ISMG Security Report offers an in-depth look at the ever-changing ransomware threat. Other topics: filling the DevSecOps skills gap and the repercussions of Australia's encryption-busting law.
Keynotes and briefings at the recent 28th annual RSA Conference 2019 covered a wide range of topics, including privacy, hackers, cyber extortion, machine learning, artificial intelligence, human psychology, legal matters, career advice and internet-connected device concerns. Here are 15 highlights.
Buyer beware: A new study shows used USBs offered for sale on eBay and elsewhere may contain a wealth of personal information that could potentially be used for identity theft, phishing attacks and other cybercrimes.
Brad Smith, Microsoft's chief legal officer, says Australia's encryption-busting law is causing companies and governments to look elsewhere to store their data. Microsoft hasn't changed it own local operations yet, but other companies say they're no longer comfortable storing data there, he says.
Shortly after a massive data breach affected up to 50 million accounts last September, Facebook didn't believe the incident needed to be reported under Australia's mandatory breach notification law. While Facebook voluntarily notified all users, emails show the company initially underestimated the breach.
How the country responds to the growing cyberthreats will shape its diplomatic, military and economic power. With the stakes this high, is the U.S. getting it right? Chris Painter, commissioner on the Global Commission on the Stability of Cyberspace and former White House cyber czar, offers his perspective.
Special Counsel Robert Mueller's two-year investigation into Russia's 2016 election interference has concluded, finding no evidence that President Trump's campaign coordinated with Moscow, although Mueller declined to exonerate Trump over obstruction of justice, says U.S. Attorney General William Barr.
Victims of hurricanes, wildfires and other disasters now face a second hit: The U.S. Federal Emergency Management Agency inadvertently shared 2.3 million disaster survivors' personal data of with an agency contractor, leaving victims at increased risk from fraud and identity theft.
Karl Racine, the attorney general for Washington, D.C., is looking to strengthen the District's data breach laws, specifically by offering greater protection for consumers and holding businesses accountable when they are breached or lose data.
Since the EU's new GDPR privacy law came into effect in May 2018, one challenge for organizations that suffer a breach is knowing whether or not they must report it to authorities, says Brian Honan, president and CEO of BH Consulting in Dublin.
The former CEO of what was once the world's most popular bitcoin exchange, Mt. Gox, will not serve prison time. Mark Karpelès was sentenced Friday to two and a half years in prison on one charge of falsifying data, but the sentence was suspended. He was cleared of embezzlement and fraud charges.
The latest edition of the ISMG Security Report features a discussion of the role of "prosilience" in IoT security, plus the problem of overnotification under GDPR and the notion of "Spartacus as a Service."