After blaming a recent spate of bank robberies on banks' poor information security practices, SWIFT has changed its tune. Now it says it wants to help financial firms spot related fraud and better share information about unfolding threats.
Neither Australia nor New Zealand currently has laws on the books requiring organizations to notify people affected by data breaches. But both countries do say they are committed to introducing that requirement.
Today's threat actors are more focused, funded and disruptive than ever. But the cybersecurity defense industry is not built to respond appropriately, thought leader Tom Kellermann of Strategic Cyber Ventures says in this video interview. What are security leaders overlooking?
Mary Jo White, chair of the U.S. Securities and Exchange Commission, says cybersecurity is the biggest risk facing the financial system. Financial institutions need to do more to build data security policies tailored to their risks, she stresses.
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
A criminal case against an engineer who allegedly stole trade secrets while he worked at two medical device companies highlights yet again the need to prioritize the protection of intellectual property. The indictment comes just weeks after Epic Systems was awarded $940 million in another trade secrets theft case.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
Hacker attacks in the healthcare sector so far this year generally have targeted smaller organizations and affected fewer individuals, in contrast with last year's massive hacker incidents. For example, one of the latest victims is a small physician group practice in Texas.
Mozilla wants the U.S. government to provide it with information about a possible unpatched vulnerability in its Firefox browser, which was used by the FBI as part of a large child pornography investigation.
The theft of $81 million from Bangladesh Bank was "part of a wider and highly adaptive campaign targeting banks," SWIFT warns its 11,000 customers. Investigators say signs point to the same attackers having hacked Sony Pictures Entertainment in 2014.
The federal tally of major health data breaches is littered with hundreds of incidents blamed on business associates that affected a total of tens of millions of individuals. But vendor involvement in breaches is probably actually a lot worse than what's reflected on the HHS tally.
Children's National Health System in Washington is blaming a medical transcription company's misconfigured file server for a data breach that exposed thousands of patient records on the web. What can be done to prevent such incidents?
It's one thing to talk or even plan about "What happens if we are breached?" It's quite another to undertake a true breach exercise. What are the critical elements of such a drill? Author Regina Phelps shares advice from her new book.
The emerging threats posed by cybercrime and evolving banking services, including mobile banking, will be among the focal points of a keynote address by the Information Security Forum's Steve Durbin at ISMG's Fraud & Breach Prevention Summit in Washington May 17-18.
Federal regulators are reminding healthcare organizations about the urgency of having plans in place to manage security issues, including data breaches, involving their business associates. The guidance is important, security experts say, because about one-fifth of major health data breaches have involved BAs.