Cryptocurrency exchange Cryptsy has revealed that it suffered a 2014 hack attack that now leaves it insolvent. The exchange is appealing to its attacker to return the stolen bitcoins, worth $5 million today - no questions asked.
The FBI is investigating the point-of-sale malware breach at hotel chain Hyatt, which says related infections stretched for four months and affected 250 hotels worldwide. But Hyatt has yet to reveal how many customers or payment cards were compromised - or how attackers got in.
The FFIEC's Cybersecurity Assessment Tool needs to be redesigned, as the tool's current design sets institutions up for cyber-risk assessment failure. Industry leaders say they're hopeful that change is on the way because the FFIEC is reviewing a second wave of comments about the tool's efficacy.
If federal regulators pull the plug on the HITECH Act's "meaningful use" incentive program for electronic health records, they must devise bold new ways to help ensure that data stored in EHR systems is secure.
Microsoft has patched a new, critical remote code execution vulnerability affecting all versions of Internet Explorer, but it's now only supporting and patching IE 11 and Edge. Potentially, several hundred million users of old IE versions are now at risk.
Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.
Reliable data specifying the number of people employed in the United States in cybersecurity field is hard to find. But one government survey shows a 5 percent increase among information security analysts in 2015.
In response to banking institutions' requests for clarification of the Cybersecurity Assessment Tool, the Federal Financial Institutions Examination Council is taking a preliminary step that could lead to refinements.
Networking vendor Fortinet refutes a researcher's assertions that there is an SSH "backdoor" in the FortiOS firmware that runs its devices. Many experts say that while the patched flaw looks unintentional, it might still serve as a backdoor.
The discovery of a serious remote code execution flaw in Trend Micro's consumer security software - now patched - is a reminder that even security software has code-level flaws. But shouldn't security vendors be held to a higher standard than others?
European police have arrested a "main target" as part of a previously undisclosed law enforcement effort, dubbed Operation Pleiades, against the distributed denial-of-service attack gang called DD4BC, or "DDoS for Bitcoin."
As Art Gilliland, CEO of Skyport Systems, assesses cybersecurity in 2016, he sees distinct strengths, weakness and opportunities for the next generation of leaders. The question is: Where will we find these leaders?