Rare, massive data breaches don't necessarily pose the greatest risk to organizations, according to a new study co-authored by Google researchers. Also beware of quiet pedestrian schemes - think phishing, keyloggers - and attack tactics unchanged since the mid-2000s.
All U.S. publicly traded companies should review how they internally disseminate breach information and expect to see revised cybersecurity guidance, says William Hinman, the director of corporation finance for the U.S. Securities and Exchange Commission.
Security practitioners must do a much better job of prioritizing their investments based on the most significant risks their organizations face, says Zulfikar Ramzan, chief technology officer at RSA, who offers insights on "fighting the right battle."
The former CEO of Yahoo, which has had 3 billion records exposed in a 2013 data breach, testified at a Senate hearing that it's tough for any corporation to defend against nation-state backed cyberattacks. That led senators to grill Marissa Mayer about the security steps Yahoo had taken.
Former Yahoo CEO Marissa Mayer may have envisioned spending her post-Yahoo days seeking new work or experimenting with other search engines. Instead, she gets to sit in a Senate hot seat alongside former Equifax CEO Richard Smith, defending past data breach response decisions.
The ISMG Security Report leads with a discussion about the sale of compromised remote desktop protocol credentials for as little as $3 on darknet marketplaces. Also, grading the performance of DHS in sharing cyberthreat information.
Want to stop the latest cybercrime bogeyman? For the umpteenth time, put in place well-known and proven strategies for repelling online attacks, such as the Australian Signals Directorate's top 4 mitigation strategies for repelling targeted cyber intrusions.
Information Security Media Group's Healthcare Security Summit in New York on Nov. 14-15 will feature a top-notch lineup of more than 40 experts, including leading CISOs, who will explore such issues as battling ransomware, improving medical device security and beefing up breach prevention.
Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.
Equifax says four senior executives - including its CFO - did not know the company had suffered one of the worst breaches in history when they collectively sold about $1.8 million worth of shares. Equifax's board found that 12 days elapsed before the first of the four learned about the hack.
Nearly 50,000 personal records relating to Australian government employees as well as the employees of two banks and a utility were exposed to the internet due to a misconfigured Amazon storage server. The episode is the latest in a string of large breaches to hit Australia.
Thom Langford, CISO of Publicis Groupe, says all companies should consider two essential elements when crafting an incident response plan: strong legal representation and a communications plan that considers both internal and external messaging.
CareFirst BlueCross BlueShield has filed a petition asking the Supreme Court to review a case filed against the health insurer in the wake of a 2014 cyberattack that impacted 1.1 million individuals, potentially becoming the first health data breach case to reach the high court.
The U.S. Justice Department has identified at least six members of the Russian government that investigators believe orchestrated last year's hack of Democratic National Committee computers and dumping of stolen information and may file charges next year, the Wall Street Journal reports.