Summit Credit Union of Wisconsin is seeking class-action status for a lawsuit against credit bureau Equifax. The credit union contends it will have to bear the fraud costs resulting from Equifax exposing a massive amount of U.S. consumer data in one of the worst data breaches ever seen.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.
The chairman of the U.S. Securities and Exchange Commission will face the Senate Banking Committee next week following the agency's belated disclosure that in May 2016, hackers stole secret market data from the SEC's systems and apparently used it for "illicit gain through trading."
Hackers behind the mega-breach at Equifax stole data in May, but they - or other attackers - penetrated the credit bureau's systems in March, exploiting a vulnerability for which Apache Struts had issued a patch, just four days prior.
A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.
When creating a security action plan, not enough organizations include provisions for communicating with the police, says Kenrick Bagnall, a detective constable in the cybercrime unit of the Toronto Police Service.
Craig Gibson of Trend Micro has spent more than a decade researching the topic of security orchestration. He offers tactical advice for how organizations can best deploy their human resources to best maximize security across the enterprise.
In North America, many organizations mistakenly believe the European Union's General Data Protection Regulation won't impact them, says Robert Mills of the Information Security Forum. "If they are multinational and holding EU data, it does apply to them," he points out.
Most organizations are good at collecting threat intelligence, but they struggle to operationalize it - and especially to use it for threat attribution. Arbor Network's Paul Bowen tells where organizations are commonly missing the mark.
Given the current threat environment, it's urgent that organizations add technical experts to their boards of directors to help ensure the development of effective cybersecurity strategies, says Art Coviello, retired chairman of RSA.
Canada led North America in EMV adoption, and now it is seeing a commensurate growth in card-not-present fraud. Gord Jamieson of Visa Canada describes how Visa is responding to this latest wave of CNP fraud.
Equifax is disputing Bloomberg's report that it suffered an undisclosed data breach, discovered in March, that predates the massive breach that began in May. Instead, Equifax says the March incident involved its payroll service and that it notified all victims and required regulators.
Many recent data breaches, including the Equifax incident, show that "applications are really the vulnerable entry point into organizations and ultimately to organizations' data," says Alex Mosher of CA Technologies.