Singapore has launched an IoT cybersecurity labelling program intended to improve the baseline security of internet-connected consumer products. The program is voluntary, but Singapore eventually intends to make it mandatory.
As ransomware continues to slam organizations, a lively debate has ensued about whether ransom payments should be banned in all cases. Attempting to ban ransom payments, however, likely would only make the problem worse.
Books retailer Barnes & Noble is investigating a security incident involving unauthorized access to its corporate systems, including those storing customers' information. To begin its mitigation efforts, the company shut down its systems, which meant its Nook e-book platform was offline.
Banking institutions are seeing a significant spike in multi-channel financial crimes. But Duncan Ash and Julio Gomez of Splunk say data and analytics can be key differentiators in the effort to protect sensitive financial data.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
Hacking incidents involving ransomware attacks continue to dominate the 2020 health data breach tally, with incidents affecting two companies - Blackbaud and Magellan Health - accounting for numerous breach notifications by their clients.
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Stop me if you think that you've heard this one before: The U.S., U.K. and some allied governments are continuing to pretend that criminals will get a free pass - and police won't be able to crack cases - so long as individuals and businesses have access to products and services that use strong encryption.
Plaintiffs in the patent infringement case Centripetal Networks v. Cisco Networks won the day thanks to clear testimony and using Cisco's own technical documents in unaltered form. By contrast, the judge slammed Cisco for offering disagreeing witnesses and attempting to focus on old, irrelevant technology.
Why did Cisco, one of the world's largest and most successful networking companies, have to pay more than $2.6 billion in damages? A judge found that it infringed on four patents held by network security firm Centripetal Networks.
A recent incident at a Canadian hospital involving a vendor's former employee who allegedly stole patient records in an attempt to extort money after being laid off illustrates the complex insider threats organizations face.
Steve Jobs once said: "Marketing is about values." But how well is the cybersecurity solutions message being received amid the convergence of pandemic and economic strains? We brought an outspoken group of CMOs and CISOs together to discuss the topic.
The latest edition of the ISMG Security Report analyzes why clothing retailer H&M was hit with a hefty fine for violating the EU's General Data Protection Rule. Also featured: The coming of age of digital identities; deputy CSO at Mastercard on top priorities for 2021.