The more than 11,000 financial institutions that use the SWIFT interbank messaging network must annually prove they comply with its new cybersecurity standards or face being reported to regulators and business partners.
The latest ISMG Security Report leads off with a segment in which Managing Editor Jeremy Kirk explains that the massive Yahoo breach not only exposed the accounts of a half-billion customers, but also the weaknesses in the way enterprises employ hashed passwords.
Why are hacked healthcare records so valuable? It's because stolen patient records often end up for sale on the deep web as part of information packages called "fullz" and "identity kits" used by fraudsters to commit a wide variety of crimes, says James Scott of the Institute for Critical Infrastructure Technology.
Hillary Clinton and Donald Trump ventured into new territory for their first presidential debate: cybersecurity. It marked one of the few subjects on which both candidates broadly agreed, although the exchange was marked with sharp jabs and an interesting attribution theory from Trump.
Federal regulators have entered a $400,000 settlement with an organization that provides centralized corporate support services for a number of New England-area covered entities, citing the lack of an updated business associate agreement. What lessons can be learned from the settlement?
Asked to explain the compromise of 500 million of its users' accounts, Yahoo appears to be trying to blame Russia. Of course, that would be an easy face-saving exercise for a publicly traded firm currently negotiating its $4.8 billion sale to Verizon.
Security expert Sean Sullivan isn't surprised that the massive 2014 breach of Yahoo, which exposed at least 500 million account details, only recently came to light. Here's why, as well as what users must learn from this breach.
In this latest edition of the ISMG Security Report, you'll hear an explanation why estimates from the Ponemon Institute and The Rand Corp. on typical enterprise data breach costs vary so widely. Also, analyses of a car hack, SWIFT's latest initiative to help banks mitigate fraud and the Yahoo breach.
A recent incident involving a vendor using a Boston clinic employee's credentials to inappropriately access patient data via a regional health information exchange illustrates the potential risks involved as the use of HIEs continues to grow.
Don't leap to conclusions on the basis of a new report that suggests Yahoo is preparing to warn the world that it was hacked and lost hundreds of millions of users' account credentials. Someone may simply have harvested passwords reused on other sites.
Three recent criminal cases involving hospital insiders who allegedly committed a variety of fraud, identity theft or egregious privacy violations that victimized patients highlight just how difficult it is to mitigate insider threats.
Because many law enforcement agencies lack cybercrime expertise, it's important for companies that have been attacked to provide as much technical and forensic information as possible to authorities to help ensure that investigations lead to arrests and prosecutions, a panel of experts says.