Lawsuits sparked by massive data breaches at Yahoo - and the company's failure to report those breaches to investors in a timely manner - could soon be resolved. Plaintiffs and defendants say they have committed to a $47 million deal that they expect to submit for court approval within 45 days.
Attack code known as EternalBlue, designed to exploit a Windows SMB flaw, continues to work for attackers despite Microsoft having issued patches more than a year ago. One major U.S. business was a recent victim as part of a cryptocurrency-mining malware campaign, a researcher reports.
Intel has had a challenging time lately on the vulnerability front. It has issued yet another patch for its Management Engine after a researcher was able to extract two types of encryption keys. The problem was a repeat of one that Intel patched just last year.
Less than four months after GDPR enforcement began, Europe has arguably entered the modern data breach notification era. Reports of data breaches continue to increase, and breached organizations now face the specter of class-action lawsuits over material as well as non-material damages.
The latest edition of the ISMG Security Report features an analysis of a new Government Accountability Office report on the causes of last year's massive Equifax breach. Also: An update on the role of tokenization in protecting payments.
A Romanian court has ruled that the notorious hacker "Guccifer," who discovered the existence of Hillary's Clinton's private email server, will be extradited to the U.S. to serve a 52-month prison sentence after he finishes serving a seven-year sentence in his home country.
Effective "SecOps" involves revamping security processes that are inconsistent and ad hoc to make them targeted and consistent, says Rapid7 CEO Corey Thomas, who describes the roles of automation and orchestration.
A newly released report from the U.S. Government Accountability Office on the massive 2017 Equifax data breach provides a postmortem look at what went wrong, centering on the credit bureau's identification, detection, segmentation and data governance, as well as a failure to rate-limit database requests.
The British Airways breach, in which up to 380,000 website and mobile users' payment card details were stolen, traces to card-scraping code injected into a script on the airline's website by the cybercrime group called Magecart, says security firm RiskIQ.
Russian national Andrei Tyurin, who's been accused of hacking into JPMorgan Chase's network in 2014 and stealing personal information on more than 83 million customers, has been extradited to the U.S. He was allegedly part of a group that hacked into brokerages, news firms, a risk intelligence company and others.
British Airways has been threatened with a class-action lawsuit in U.K. court after warning that a hacker stole payment card data associated with 380,000 transactions. A law firm says that under GDPR, the airline should compensate victims for "inconvenience, distress and misuse of their private information."
Security technology innovations entering the market are getting attached as features to an infrastructure that is fundamentally broken and an enforcement model that cannot operate in real time, says Matthew Moynahan, CEO at Forcepoint.