LinkedIn failed to force all users to reset their passwords after a 2012 breach of at least 6.5 million credentials came to light. But it turns out the breach actually compromised 167 million accounts. Whoops.
Hackers reportedly stole $250,000 from Bangladesh's Sonali Bank in 2013, in what's now the fourth case involving malware attacks and injecting fraudulent money-transfer requests into the SWIFT interbank messaging network.
The business of executive email hacking is booming, with hundreds of millions of dollars lost in fraudulent wire transfers. But businesses can improve their processes to avoid inadvertently transferring funds to fraudsters, according to one expert.
E-commerce retailers face an ongoing battle: Their websites are constantly hit by bots using stolen credentials to try to take over accounts. What can companies do to protect themselves? Akamai's Michael Smith offers advice.
A Japanese ATM cash-out scheme that stole $19 million from South Africa's Standard Bank in less than three hours illustrates why devising better ways to mitigate the risks posed by such schemes must be a priority for financial institutions in markets - including the U.S. - that still rely on mag stripe debit cards.
Cyberattacks have gained regulatory attention worldwide. But the world doesn't need more regulation to address new threats, says Steve Durbin of the Information Security Forum. Instead, government must work more closely with the private sector.
As Europe counts down to implementing its General Data Protection Regulation, which will require EU-wide data breach notifications for the first time, similar efforts to enact a single federal law in the United States remain stalled.
A surge in ransomware attacks on hospitals is driving healthcare organizations large and small - as well as lawmakers and law enforcement agencies - to consider new and improved approaches to dealing with this evolving threat.
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.
After Kansas Heart Hospital suffered a ransomware infection and paid the demanded ransom, its attackers demanded more. At that point, the hospital reportedly declined to comply, relying instead on its pre-prepared backup and recovery plan.
Too few organizations have in-house incident response teams. As a result, they lack the native ability to even detect evolving threats, such as ransomware, says Ann Barron-DiCamillo of Strategic Cyber Ventures in this video interview. What are the must-have response capabilities?
Another series of SWIFT-enabled hack attacks against a bank has come to light, following the theft of $81 million from the central bank of Bangladesh and SWIFT warning that other banks are also being targeted.
A data breach at Cabcharge, a large Australian taxi booking and payments service, exposed details on customer movements, drivers and partial credit card numbers. One expert warns that the data could be useful to fraudsters.