A federal judge in Atlanta has given final approval to a settlement that resolves a class action lawsuit against credit bureau Equifax, which in 2017 suffered one of the largest data breaches in history. The minimum cost to Equifax will be $1.38 billion.
Human error looks to be the obvious culprit in an accidental data breach by Britain's Cabinet Office, which published the home addresses of celebrities such as Elton John and Olivia Newton-John when it released a list of individuals set to be recognized for their contributions to British society.
Credential stuffing is a growing problem that's difficult to address, says Troy Hunt, creator of the Have I Been Pwned data breach notification service, who sizes up mitigation efforts.
For two years, an attack group using Ukraine-based infrastructure has been creating hundreds of lookalike domains to target customers of 14 different Canadian banks via phishing attacks, security researchers at Check Point warn.
An alleged member of The Dark Overlord hacking group who apparently made dumbfounding operational security mistakes while trying to extort U.S. companies has pleaded not guilty. Nathan Wyatt is perhaps the only person associated with the notorious hacking group who left a clear digital trail.
The notorious Joker's Stash carder marketplace has recently listed for sale 460,000 records, including four "Turkey-Mix" batches that feature never-before-seen payment card data that traces to Turkey's 10 largest banks, says cybersecurity firm Group-IB.
One of the largest fines to date for violating the EU's General Data Protection Regulation has been announced by Germany's federal privacy and data protection watchdog, the BfDI, against 1 & 1 Telecommunications, in part for inadequate authentication mechanisms. The company plans to appeal.
Victims of a massive 2018 Facebook data breach can continue a class-action lawsuit to try and force the social network to maintain "reasonable" information security practices, a federal judge has ruled. But he dismissed the plaintiff's attempt to receive monetary compensation for the breach.
Twitter users no longer have to supply a phone number in order to use two-step verification for authentication. The move will better protect accounts from SIM hijacking attempts and also means users don't have to sacrifice some of their privacy to enable a security feature.
A Texas resident has been sentenced to 12 years in federal prison for hacking into the Los Angeles Superior Court computer system and sending out approximately 2 million phishing emails to steal hundreds of credit and payment card numbers.
The prices for specific types of cybercriminal tools on darknet sites continue to rise, according to a recent analysis by security firm Flashpoint. Payment card and passport data remain the most sought-after commodities on these forums, research shows.
"Cyberattacks are one of the unfortunate realities of doing business today," reads gaming company Zynga's data breach notification, thus breaking the first rule of crisis management: Own your mistakes. Hacker Gnosticplayers claims the company was still storing passwords using outdated SHA1.
Russian national Andrei Tyurin pleaded guilty to perpetrating massive hack attacks against leading U.S. financial services firms and others from 2012 to mid-2015. Victims included JPMorgan Chase, from which he stole details of 83 million customer accounts.
Account takeover continues to be a
lucrative path for fraudsters across all
industry sectors. But Scott Olson of
iovation says there are different levels of
defense that can be deployed, based on
the risk of specific types of transactions.
Download this eBook to learn more about:
The different manifestations...
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