Verizon will pay $350 million less for Yahoo than it first offered because the deal subsequently became tainted by three data breach disclosures. Yahoo's lower value is a study in how data breaches can impact big business transactions.
As more IoT devices are compromised to wage large-scale attacks, related litigation and regulatory scrutiny will grow, which means device manufacturers - and users - could be held more accountable, says Richard Henderson, global security strategist at Absolute.
Are there rules in cyberspace? There aren't many, but Microsoft is proposing a "Digital Geneva Convention" that would set some internet norms for countries to help prevent unfair targeting of civilians.
New Zealand's privacy commissioner is recommending new civil penalties against companies of up to NZ$1 million (US$718,000) for a "serious" data breach in light of sterner penalties adopted by Australia and the European Union.
Harold Thomas Martin III, a former Booz Allen Hamilton contractor, has been indicted on 20 counts of stealing classified documents from a range of U.S. intelligence agencies. He faces up to 200 years in prison.
Televisions that spy on their users have long been a trope of dystopian fiction, including George Orwell's "1984." But the spying TV appears to be far from fictional, according to a new settlement agreement reached between the FTC and smart-TV maker Vizio.
InterContinental Hotels Group is warning customers that malware infected point-of-sale devices at a dozen of its hotel restaurants and bars in North America and the Caribbean for up to four months in 2016. But it's unclear if the breach ties to reported exploits involving POS service providers.
Facebook is aiming to make account recovery and password resets more secure with a new, updated approach that eliminates outdated weaknesses such as emailed reset links, SMS messages and security questions.
Offspring of the Zeus banking Trojan continue to spring to life. Functionally, however, security experts say most POS-infecting banking malware remains almost identical. So why aren't more organizations putting well-known defenses in place?
Nearly three years after the Heartbleed bug - and 600,000 vulnerable servers - was discovered, the vulnerability lives on. The latest scans still count 180,000 at-risk servers. Why won't this bug just die?
Gartner analyst Avivah Litan has long been the go-to expert for insights on fraud detection. Now she has broadened her focus to cover endpoint security and user and entity behavioral analytics. Where do these topics converge, and what insights can she share on the 2017 cybersecurity outlook?
This edition of the ISMG Security Report leads with news that several senior White House staffers had been using a private email server. Also, fueled by worries over Russian hacking, the Australian government plans to educate political parties on improving cybersecurity.
U.S. authorities are reportedly investigating whether Yahoo should have notified investors faster about two separate data breaches that it suffered in 2013 and 2014. Until last year, one breach remained undetected and the full severity of the other was not understood.