South Korean cryptocurrency exchange Upbit says hackers have stolen $49 million worth of ethereum, in what is the year's seventh major cryptocurrency heist. Much of the $158 million stolen so far this year is likely fueling the North Korean regime's appetite for luxury goods and weapons of mass destruction.
With the California Consumer Privacy Act set to go into effect Jan. 1, 2020, companies are making last-minute compliance preparations. But these preparations are challenging because regulations to carry out the law are still pending and ambiguities remain. Here's a look at three issues.
Election hacking is not just a US issue; it's a hot topic for every global democracy. And Joseph Carson of Thycotic is concerned that too many people are focused on the wrong elements of this topic. He analyzes the specific hacking techniques that demand attention.
Ransomware attacks have taken an unwelcome turn: The Maze gang reportedly has begun leaking a victim's files to create pressure to pay a ransom. Security experts say they're not surprised by this development, but note that given the different skills required, such tactics may not become widespread.
The U.S. Federal Reserve is warning that the increasing use of cryptocurrencies known as "stablecoins," without proper safeguards and regulations, could pave the way for crime, including money laundering and terrorism financing.
An unsecure database belonging to PayMyTab, a company that provides U.S. restaurants with mobile payment apps and devices, left payment card and other customer data exposed, according to a new report from two independent security researchers.
Developing a mature security program takes time, but I've met many forward-thinking security leaders who've made swift and lengthy strides in protecting their clients' data. With those lessons in mind, here are five things any organization can do today to create immediate, measurable security benefits,
Cloud solutions, the mobile workforce, the skills gap - these are among the security impacts that don't get enough attention when discussing digital transformation. David Ryder of Avast Business opens up on these topics.
Mobile technology allows customers complete control over their banking security via their smartphones, however recent fraud cases have seen criminals virtually hijacking mobile phones to intercept alerts and texts.
Instead of proving a flash in the pan, enthusiasm for cryptocurrency has grown - and with it the associated fraud. Cyber criminals were quick to develop malware with the aim of stealing cryptocurrencies, with attackers finding ways to exploit the anonymity offered.
When large-scale data breaches started to proliferate more than a decade ago, security leaders called for end-to-end data encryption. But that approach no longer suffices, says First Data's Tim Horton, who calls for a new multilayered defense.