The U.S. Justice Department and the Federal Trade Commission officially announced a privacy settlement with Facebook that includes a record-setting $5 billion fine. As part of the agreement, CEO Mark Zuckerberg must submit quarterly and annual reports to show that the company is in compliance with the FTC order.
U.S. Attorney General William Barr argued on Tuesday that enabling law enforcement to access encrypted content would only minimally increase data security risks. Barr's comments drew criticism from lawmakers and technologists, who contend backdoors would put the public at greater risk.
A week after a ransomware attack locked up customer files and data at online cloud hosting provider iNSYNQ, the company is continuing to recover and restore its internal infrastructure. It remains unclear how much longer this process will take, the company acknowledges.
Equifax's move to settle federal and 48 states' probes, as well as class action lawsuits, would see breach victims being able to claim up to $20,000 for unreimbursed expenses. But some consumer advocates and government officials say the proposed deal is insufficient, given the magnitude of Equifax's failures.
A recent spate of attacks targeting domain name system protocols and registrars, including several incidents that researchers believe have ties to nation-state espionage, is prompting the U.S. and U.K. governments to issues warnings and policy updates to improve security.
Former government contractor Harold Thomas Martin III has been sentenced to serve nine years in federal prison after he pleaded guilty to stealing and retaining classified and secret files and data from U.S. government agencies, including the National Security Agency and CIA.
Credit reporting giant Equifax has negotiated a proposed settlement that could reach $700 million to resolve federal and state probes into its massive 2017 data breach, as well as a nationwide class action lawsuit. The company's total post-breach tab is likely to exceed $2 billion.
Ireland's Data Protection Commission says it is "assessing" a report concerning minors who have business profiles on Instagram that may expose email addresses and phone numbers. As many as 5 million kids worldwide have business accounts, but often they have no discernible link to a real business.
Business email compromise scams are surging, and they're costing U.S. companies a total of more than $300 million a month, according to a recently released analysis by the U.S. Treasury Department. The report pinpoints which sectors are hardest hit by this type of fraud.
An Australian cybersecurity company says it tricked BlackBerry's Cylance Protect anti-virus product into believing that some of the most pernicious types of malware, including WannaCry and the SamSam ransomware, were benign programs.
Researchers have uncovered a new type of phishing campaign that is targeting American Express card users. In these incidents, attackers are sending a hyperlink as part of a phony account update to access the victim's credentials and other account details, according to researchers at the security firm Cofense.
Authorities in the Netherlands recently levied a $516,000 fine under the General Data Protection Regulation against a hospital in the Hague in connection with a data breach involving "dozens" of staffers who snooped on the electronic medical records of a celebrity.
Weeks after Microsoft issued a patch for the BlueKeep vulnerability, which threatens devices running older versions of Windows, many organizations worldwide have yet to install patches despite alerts from the software giant, government agencies and cybersecurity companies, according to researchers at BitSight.
Bulgaria's national cybercrime unit has arrested a 20-year-old local man for his alleged role in breaching the country's tax servers and exposing the financial details and other personal data of nearly 5 million citizens, according to news media reports.