In the wake of the recent hack of the Bitfinex bitcoin exchange, the stability and security of cryptocurrency is again being questioned. In this video interview, cryptocurrency expert Robert Schwentker contends the attack, and others like it, could lead to regulation of cryptocurrencies.
The reported theft of $69 million worth of bitcoins from a Hong Kong-based exchange highlights the continuing challenges around keeping large quantities of digital currency out of the reach of hackers.
Arizona-based Banner Health, which operates 29 hospitals, says it's notifying 3.7 million individuals that their data was exposed in a "sophisticated cyberattack." An initial attack against payment card processing systems apparently opened the door to the attackers accessing healthcare data.
The breach of an offshore account owned by Union Bank of India is raising new questions about the security of interbank payments, which often rely on antiquated backend verification processes that fraudsters seem to be compromising with relative ease.
SentinelOne is taking a marketing gamble by offering to reimburse customers who suffer a ransomware infection if the security firm can't remediate affected systems. But let's take a close look at what's actually on offer.
The Petya ransomware gang says it released 3,500 crypto keys that it stole - along with source code - from rival Chimera ransomware developers. If the keys are legitimate, security firms say they can build decryption tools for Chimera victims.
An investigative report from Reuters paints a disturbing picture of the Federal Reserve Bank of New York using antiquated security practices to safeguard interbank SWIFT payments. Here's how security experts say interbank transaction security must be improved.
As Democrats gather in Philadelphia to nominate Hillary Clinton for president, it's a good time to examine the former secretary of state's positions on cybersecurity and online privacy. Here's where she stands.
MacKeeper failed to alert customers earlier this year that for at least four weeks, its anti-virus software wasn't receiving regular signature updates. Industry experts say any such delay is unacceptable for an AV vendor.
The GOP platform - adopted at the convention that nominated Donald Trump for president - doesn't mention the term 'hack back' but states: "We ... make clear that users have a self-defense right to deal with hackers as they see fit." Some cybersecurity experts claim the platform encourages "cowboy" justice.
The Federal Reserve's strategy for oversight of the U.S. migration toward faster payments won't change in the wake of the heists that exploited SWIFT payments, says Fed official Marianne Crowe. The long-term security of U.S. payments has always been a priority for the Fed's study of faster payments, she says.
There's often a dangerous trade-off made between convenience and security. That's illustrated no better than by a recent issue patched by Microsoft. It's an attack so devilishly smooth that it's a wonder hackers had not figured it out before.
While many banks and merchants in Britain, France and Germany have long complied with the PCI Data Security Standard, deregulation has led organizations in other European countries to start taking PCI compliance more seriously and use it for competitive advantage.
A recent interview about Hillary Clinton's email server controversy drew numerous comments, with respondents divided over whether users will devise ways to circumvent systems safeguards to do their jobs more effectively. Join the conversation.
How low will ransomware go? New malware - dubbed Ranscam - demands bitcoins to unlock files, but in reality they've already been deleted, researchers warn. As always when it comes to defending against ransomware, preparation pays.