Zappos is close to settling a long-running class action lawsuit filed by consumers over a 2012 data breach. The online shoe and clothing retailer's proposed compensation would be a 10 percent discount on a future online purchase. A federal judge has granted preliminary approval to the deal.
A British judge has denied WikiLeaks founder Julian Assange's request to delay a five-day hearing, slated to begin Feb. 25, on whether he should be extradited to the United States to face espionage charges.
What is the risk of having too many cybersecurity tools? Compromised visibility because of "tool sprawl," say Brian Murphy and Seth Goldhammer of ReliaQuest. Enterprises are now awakening to this challenge and attempting to overcome it.
ESET researchers have uncovered a new cybercriminal scheme that uses a trojanized version of the Tor browser for stealing bitcoins from darknet users. So far, the scam has netted about $40,000 in virtual currency, the security firm says.
Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
New legislation introduced by Sen. Ron Wyden, D-Ore., would "bring meaningful punishments for companies that violate people's data privacy, including larger fines and potential jail time for CEOs," he says. But can Congress agree on a privacy law?
While the Russian-linked hacking group known as The Dukes, Cozy Bear and APT29 in recent years appeared to have gone somewhat quiet, researchers from ESET report that the hackers have been targeting various European embassies and ministries as part of what the security firm dubs "Operation Ghost."
A North Carolina-based healthcare organization has reportedly discovered that malicious code had been contained on its e-commerce site for three years, sending consumers' payment information to unauthorized individuals.
The prices for specific types of cybercriminal tools on darknet sites continue to rise, according to a recent analysis by security firm Flashpoint. Payment card and passport data remain the most sought-after commodities on these forums, research shows.
Scammers are using the notorious Phorpiex botnet as part of an ongoing "sextortion" scheme, according to Check Point researchers. At one point, the botnet was sending out over 30,000 spam emails an hour and the attackers made about $110,000 in five months, researchers say.
Eighteen technology companies have formed the Open Cybersecurity Alliance to foster the development of open source tools to improve interoperability and data sharing between cybersecurity applications. But some observers say getting all players to agree on a common platform will be challenging.
At least 550 fraudulent domains have been aimed at users who accidentally mistype the URL for a political candidate or election-related group, warn researchers at Digital Shadows. While many of these "typosquatting" domains appear to be relatively harmless, some could be more nefarious.
Organizations are accepting that the network perimeter no longer serves as the "ultimate defense" and thus adapting zero-trust principles, including least privilege, based on the understanding that they may already have been compromised, says Darran Rolls of SailPoint.
Robotic process automation aims to use machine learning to create bots that automate high-volume, repeatable tasks. But as organizations tap RPA, they must ensure they take steps to maintain data security, says Deloitte's Ashish Sharma.