The FBI calls ransomware "a prevalent, increasing threat." One recent campaign earned at least $325 million in global profits, while U.S. victims tell the FBI they paid $24 million in ransoms in 2015. And attackers are plowing profits back into improving their malicious code.
Although relatively few carriers offer cyber insurance, buyers can negotiate favorable terms when purchasing policies, say Experian's Michael Bruemmer and NetDiligence's Mark Greisiger, who explain why in this interview.
In a filing rebutting Apple's appeal of a court order requiring the company to help the FBI unlock the iPhone used by a shooter in the San Bernardino massacre, the Justice Department says Apple's rhetoric is "false" and "corrosive" to the institution that safeguards Americans' liberties and rights.
We all realize that the black hats are typically a step ahead of the white hats. But do we accept that our own security controls are contributing to the deficit? Sam Curry of Arbor Networks describes how security leaders can regain their lead in this video interview.
The volume and complexity of online attacks continue to increase, which creates a challenge for information security managers, says Darrell Burkey, director of product management for Check Point Software Technologies, in this video interview.
Hackers stole $100 million from the Bangladesh Bank after apparently obtaining payment-transfer codes and moving the money overseas in what experts say appears to be one of the largest bank heists in history.
Automated threat intelligence sharing can significantly reduce the amount of time it takes organizations to identify, assess and react to attacks, according to new research from Johns Hopkins. Mark Clancy, CEO of Soltra, says automated information sharing with government and other sectors is catching on.
The nonstop pace of "Apple vs. FBI" updates and related crypto debates seemed to exceed both the U.S. government's and the information security industry's advanced persistent spin-cycles at this year's RSA Conference.
A laptop stolen from a locked office of an Indiana-based physician group practice may be the largest breach involving an unencrypted computing device reported so far this year. But the HHS breach tally seems to indicate that healthcare providers are making progress in preventing such breaches.
The Internal Revenue Service has temporarily deactivated an online PIN-retrieval tool meant to prevent stolen Social Security numbers from being used to file fraudulent returns after finding that hackers had successfully subverted the system.
The big-name breaches have made us all sensitive to the loss of personal and competitive data. But are we overlooking the real risks? Shawn Henry of CrowdStrike offers insight on how we need to evolve our core defenses.
Blockchain technology used by bitcoin and other cryptocurrencies offers opportunities for enhanced authentication and ID management, as well as cross-border money remittances, says Ben Knieff of the consultancy Aite. But he contends it's not clear that the technology could play a role in faster payments.
How will Home Depot's $19.5 million settlement with consumers impacted by its 2014 data breach affect a pending class-action suit filed by banking institutions against the retailer seeking to recoup breach-related expenses?