New legislation introduced by Sen. Ron Wyden, D-Ore., would "bring meaningful punishments for companies that violate people's data privacy, including larger fines and potential jail time for CEOs," he says. But can Congress agree on a privacy law?
Pitney Bowes says it was infected by file-encrypting malware that has affected online accounts and mailing products but that client data doesn't appear to be at risk. The postage meter maker says "all options" are being considered for recovery, meaning that it could pay a ransom.
Nation-state attackers have been targeting known flaws that customers have yet to patch in their Pulse Secure, Palo Alto and Fortinet VPN servers, Britain's National Cyber Security Center warns, adding that any organization that didn't immediately apply patches should review logs for signs of hacking.
The Food and Drug Administration has issued an alert warning healthcare organizations about 11 vulnerabilities dubbed "URGENT/11" involving IPnet, a third-party software component that may introduce risks for certain medical devices and hospital networks.
Delayed enforcement of the "strong customer authentication" requirements for online transactions under the European Union's PSD2 regulation is hampering efforts to enhance security. That's why the European Banking Authority should act quickly to develop a new timeline.
As a perennial favorite target for thieves, payment fraud tends to give threat actors access to great reward. Moreover, as security evolves, so does the threat.
Join Gord Jamieson, head of Visa Canada's risk services, as he examines:
the revolution of payment security;
the evolving nature of fraud;
growth in...
Russian national Andrei Tyurin pleaded guilty to perpetrating massive hack attacks against leading U.S. financial services firms and others from 2012 to mid-2015. Victims included JPMorgan Chase, from which he stole details of 83 million customer accounts.
In Europe and the U.S., financial services organizations and their customers are enjoying the benefits of a digital revolution. Digital channels have transformed the way consumers interact with their financial service providers. Digital channels have bolstered the ability of banks and insurers not only to attract new...
The Canadian government has arrested a senior intelligence official on charges of working as a mole. He was reportedly unmasked after investigators found someone had pitched stolen secrets to the CEO of Phantom Secure, a secure smartphone service marketed to criminals that authorities shuttered last year.
Ahead of the release of Edward Snowden's memoirs chronicling his decision to bring illegal "big data" domestic U.S. surveillance programs to light, a former NSA intelligence specialist points out that the U.S. still lacks a whistleblowing law to protect intelligence workers who spot illegal activity.
A global law enforcement operation has resulted in the arrest of 281 suspects allegedly involved in business email compromise scams. The announcement comes on the same day as the FBI's Internet Crime Complaint Center says that losses from BEC scams have hit $26 billion and are continuing to rise.
All enterprises need to grant their employees access to the right digital and physical resources. They also need to digitize their businesses, protect their data, and comply with various local and global regulations.
Nexus helps resolve these identity challenges that most enterprises face, regardless of the...
Cybercrime is surging thanks, in part, to the availability of inexpensive hacking tools and services. A recent look by security firm Armour at black market offerings finds stolen payment card data, RDP credentials, ransomware and DDoS services are widely available for sale.
Chinese advanced persistent threat groups are targeting cancer research organizations across the globe with the goal of stealing their work and using it to help the country address growing cancer rates among its population, according to researchers at cybersecurity company FireEye.
As the healthcare industry undergoes its own digital transformation, security is more important than ever. Okta's Nick Fisher says a zero trust model can keep hospitals and patients healthy when it comes to protecting their data.
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