Bond insurer MBIA says it's investigating a potential data leak at its asset management subsidiary, Cutwater Asset Management, which may have led to certain client information being illegally accessed.
Hacking a car remotely might have seemed like science fiction a few years ago. But as cars are added to the "Internet of Things," the industry is ramping up its efforts to address ever-evolving, and realistic, security issues.
Yahoo confirms Shellshock-targeting attackers hacked into three of its servers, but claims they didn't exploit Bash flaws. Meanwhile, Lycos denies it's been breached and WinZip isn't responding directly to a report that it was hacked.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
The hackers who breached JPMorgan Chase also infiltrated about nine other financial institutions, and may be operating from Russia, according to one news report. But security experts caution against jumping to conclusions over attackers' identities or motives.
If JPMorgan Chase, which was considered one of the most secure organizations in the world, can be breached, then virtually all other banks likely are at risk, too. Experts explain why early detection and information sharing are key to mitigating threats.
The development of authentication technologies that could replace the password is "nearing a tipping point," but there's still several years of work to do, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
The inquiries focus on U.S. Investigation Services, a contractor that conducted security-clearance background checks, and whose computers were breached in August, exposing data on 25,000 federal employees.
JPMorgan Chase has confirmed that 76 million households and 7 million small businesses were impacted by a breach that reportedly began in June and was not detected until late July. One fraud expert calls the breach "a national crisis."