Some terms of the recent $115 million settlement in the class action lawsuit against health insurer Anthem tied to a 2015 cyberattack appear underwhelming for the victims, says attorney James DeGraw, who explains why.
U.K. health and beauty retailer Superdrug Stores is warning customers that attackers may have compromised some of their personal information, apparently because they'd reused their credentials on other sites that were hacked. While Superdrug quickly notified victims, it stumbled in three notable ways.
Cybercrime is a business and, like any business, it's driven by profit. But how can organizations make credential theft less profitable at every stage of the criminal value chain, and, in doing so, lower their risk?
A federal judge in California has given final approval to a $115 million settlement involving health insurer Anthem over its 2015 data breach. The settlement is the largest ever reached in a data-breach related class action suit, but most victims will see no money.
Augusta University Health in Georgia says it just recently concluded that a phishing attack that occurred - and was detected - 10 months ago resulted in a breach potentially exposing information on 417,000 individuals. Security experts are questioning why the breach determination took so long.
An Australian teenager was such a fan of Apple that he hacked into the technology giant's mainframe, according to media reports. The teen has pleaded guilty to stealing 90 GB of sensitive information. But Apple says no customers' personally identifiable information was exposed.
The FBI warns that cybercriminals are planning a large-scale operation aimed at emptying ATMs, a type of attack that has caused swift and costly losses for financial institutions. The attack may utilize data from a breach of an unknown card issuer, the FBI says.
Much of the attention around Chinese hacking is directed toward advanced threat groups suspected to have links to China's government. But a new report shows that the nation's hacking goes far deeper, and there's a thriving scene that has adapted to an internet heavily controlled by the government.
Espionage: Every nation does it. But for nation-state hacking that targets intellectual property or interference in political affairs, the U.S. has been using criminal indictments against individuals as a diplomatic way of saying: "We see what you're doing, now knock it off." But does it work?
The FIN7 cybercrime gang regularly phoned victims, posing as buyers, to trick victims into opening phishing emails and attachments with malware, federal prosecutors allege. The group's success - 15 million stolen payment cards and counting - is one measure of how difficult these types of attacks are to block.
Attackers have targeted a patched vulnerability to exploit more than 209,000 carrier-grade routers made by Latvian manufacturer MicroTik and infect them with two types of malware - Coinhive and Crypto-Loot - designed to mine for cryptocurrency, security researchers say.
Three Ukrainian men who were allegedly part of a hacking gang that stole more than 15 million payment card records from U.S. businesses, sold the data in underground markets and enabled at least $12.4 million in fraud have been arrested in Germany, Poland and Spain at the request of the U.S.