Despite near-constant warnings from law enforcement officials and the information security community, too many organizations still aren't taking security seriously, experts warned at the Irish Cyber Crime Conference in Dublin.
The massive cyberattacks that struck Chase and other leading U.S. financial services firms illustrate just how vulnerable larger institutions can be to cyber-attacks. They also show why organizations must encrypt customer data, says security and forensics expert Chuck Easttom.
Because hackers often find a way to stick around or repeat their network intrusions after remediation efforts are completed, organizations need to ramp up their "continuous detection" efforts, says security expert Wendi Whitmore of CrowdStrike.
A data breach potentially affecting 16,000 patients at a group of Texas pediatric clinics spotlights the challenges in preventing and detecting breaches involving insiders who are authorized to access records.
An upcoming Verizon report on health data breaches illustrates that the data is at risk at organizations outside of the healthcare sector, and not just at hospitals, clinics, insurers and their business associates, says security expert Suzanne Widup of Verizon Enterprise Solutions.
Banks need to prepare for many more massive cyberattacks along the lines of the sophisticated campaign that hit JPMorgan Chase and other financial services organizations, says Javelin Strategy & Research's Al Pascual, who offers risk management insights.
Cable TV provider Cox Communications will pay a fine and implement a seven-year monitoring program to settle an FCC complaint after suffering a 2014 breach at the hands of a Lizard Squad hacker. Find out the size of the FCC's latest breach-related penalty.
To avoid having their organizations exploited by teenage hackers, boards of directors worldwide need to get serious about security. Here are five lessons to be learned from the latest TalkTalk data breach.
The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Cyberattacks are challenging our current methods of defense, says Lance James, a global cyber intelligence adviser at the consultancy Unit 221b. In a video interview, he discusses the changes in tools and skills that must be made to fend off fast-moving adversaries.
A third data breach affecting TalkTalk has prompted sharp questions from U.K. public officials about whether stronger breach notification laws and breach-related penalties might help prevent more such incidents from occurring.
HP has agreed to sell its intrusion detection and prevention software unit TippingPoint to security vendor Trend Micro for $300 million. But analysts say Trend Micro faces stiff breach detection and incident response competition.