An Equifax software engineer has settled an insider trading charge with the U.S. Securities and Exchange Commission after he allegedly earned $77,000 after he made a securities transaction based on his suspicion that the credit bureau had suffered a data breach.
Helping victims know their passwords have been exposed in a data breach is half the battle in the fight to improve password security. To help, Mozilla and 1Password are integrating into their products a feature from the popular "Have I Been Pwned" breach notification service.
Consumers are more concerned than ever about their identities being compromised, yet they're failing to connect the dots between fear and preventive measures, according to recent research conducted by IDology. John Dancu, the company's CEO, explains the implications for businesses.
To increase the effectiveness of security information and event management tools, while lowering the rate of false positives, organizations need to bring in more context about user behavior, says Derek Lin of Exabeam.
Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.
Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.
Recent failures of IT systems at some major airports and banks are a reminder that as an organization launches a digital transformation project, or seeks to move more of its processes to the cloud, those efforts won't necessarily proceed smoothly or securely, says Skybox Security's Justin Coker.
For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.
Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a former cybercriminal who now consults on crime prevention. But regulating cryptocurrencies is no easy task, he acknowledges. Johnson will keynote ISMG's Fraud and Breach Prevention Summit in Chicago.
Human resources software developer PageUp says it doesn't appear that personal data exposed in a malware attack was actually removed from its systems. But it has also found authentication error logs that recorded incorrect login attempts from before 2007.
As organizations detect more breaches, incident responders are increasingly overloaded, says Darktrace's Dave Palmer, who recommends organizations adopt strategies for "surgically interrupting the bad" while maintaining normal business processes and productivity.
Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.