Do criminal organizations prefer to target organizations that hold cyber insurance policies? A ProPublica report suggests that because cyber insurance policyholders are more likely to pay ransoms, they're a more frequent target. But some cybersecurity experts have expressed skepticism.
Bulgaria's Personal Data Protection Commission has fined the nation's tax agency $2.9 million for failing to stop a breach that leaked tax records for nearly all of the country's citizens. Meanwhile, prosecutors have filed related criminal charges against employees of a penetration testing company.
A federal grand jury indictment of Seattle software engineer Paige A. Thompson charges her with stealing 100 million records from Capital One, stealing data from at least 29 other organizations, as well as using hacked cloud computing servers to mine for cryptocurrency.
Security firm Imperva is notifying some of its Cloud Web Application Firewall customers about a "security incident" that exposed certain data, CEO Chris Hylen reports in a blog post. What risks does the exposure create?
Today's machine-speed attacks require an autonomous machine-speed response to mitigate the risk, says David Masson of Darktrace, who offers strategic insights.
Organizations need to create a "defensible" cybersecurity program that has a mandate and executive endorsement, says Gartner's Tom Scholtz. I. Here are some points to keep in mind when drafting a program.
Web hosting company Hostinger has reset all customer passwords after one of its databases was breached, affecting 14 million accounts. The intruder gained access to an authorization token that allowed access to a customer database, the company says.
Progressive companies seeking to improve their security are increasingly adopting bug bounty programs. The theory is that rewarding outside researchers improves security outcomes. But in practice, bug bounty programs can be messy and actually create perverse incentives, says bug-hunting expert Katie Moussouris.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
The European Central Bank has closed one of its websites after its IT staff found that a hacker compromised some personal information on the site and also planted malware.
This edition of the ISMG Security Report discusses the latest improvements in deception technology and how best to apply it. Also featured: a report on the growth of mobile fraud, plus insights on Merck's experience recovering from a NotPetya attack.
Paige A. Thompson, who's been arrested on a charge of hacking into Capital One's network and taking the personal and financial data of 106 million individuals, is also suspected of stealing information from over 30 other organizations, according to new court documents.
Choice Hotels says about 700,000 guest records were exposed after one of its vendors copied data from its systems. Fraudsters discovered the unsecured database and tried to hold the hotel chain to ransom, which it ignored.
The U.S. Securities and Exchange Commission is investigating the exposure of personal and mortgage-related records from First American Financial Corp., according to security blogger Brian Krebs. First American spent $1.7 million on the incident in its second quarter, but investigations and lawsuits are looming.
The news that serial entrepreneur Elon Musk and scientists have unveiled Neuralink - a neuroscience startup that's been in stealth mode for two years and aims to create a new computer/brain interface - might make you ask: What took him so long? Before signing up, just make sure it's immune to ransomware.
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