Leading the latest edition of the ISMG Security Report: Reports on the impact enforcement of the EU's General Data Protection Regulation, which began Friday, will have on the healthcare and banking sectors. Plus an assessment of GDPR compliance issues in Australia, which offer lessons to others worldwide.
Researchers have discovered two new Spectre/Meltdown variants: variant 3a, a rogue system register read, and variant 4, a speculative store bypass. Some AMD, ARM, Intel and IBM Power chips have the flaws, which attackers could exploit to steal sensitive data. Some fixes have already been shipped.
The EU's General Data Protection Regulation, which will be enforced beginning May 25, has significant implications for how financial institutions worldwide handle customer data, says Brett King, CEO of Moven, an all-digital bank, who sizes up the challenges.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
Respiratory care provider Lincare Inc. has signed an $875,000 settlement of a class action lawsuit brought by current and former employees in the wake of a 2017 breach involving a business email compromise scam. The company was previously fined by federal regulators after another breach.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
The noose appears to be tightening around the Dark Overlord, a group of international hackers who have stolen and held for ransom sensitive information from dozens of companies, healthcare organizations and U.S. public schools. Serbian police say they've arrested a suspect in cooperation with the FBI and U.K....
A former CIA software engineer who is facing child pornography charges is a possible suspect in the largest-ever leak of classified information from the spy agency. While Joshua A. Schulte has not been charged with the leak, prosecutors have indicated they will soon indict him.
Mexican officials are investigating a series of technical glitches that may have been a prelude to a large cyberattack affecting at least five banks, according to news reports. While the full scope of the incidents remains unclear, up to $20 million may have been stolen.
With the changing shift in fraud these days, a fraud risk manager really needs to look at the landscape holistically, from the perspective of the customer, with regards to fraud losses and operational expenses. The task then falls on these managers to address these challenges in a way that provides a frictionless...
Since mobile banking usage is set to grow exponentially, banks must overcome structural challenges and
reconcile consumers' appetite for ease of use with the desire for greater security.
There are a growing number of fintech startups that have been able to overstep the legacy cost structures
For over a decade, a crucial part of fraud detection has been assigning an identity to every laptop, tablet, and mobile device that accesses a website or app. Such a fingerprint is a representation of hundreds of different device-specific values taken from an end user's device.
Today's device fingerprinting...
Speech recognition software vendor Nuance Communications says an unauthorized third party accessed one of its medical transcription platforms, exposing records for 45,000 people. The company has blamed the breach on a former employee, who accessed personal data from several of Nuance's clients.
Chili's Grill & Bar is warning customers that an unknown number of payment cards were compromised at an unknown number of corporate-owned locations earlier this year for a period of time it suspects lasted two months. Should Chili's have waited to alert customers until it had more information?
Compliance comes down to behavior. Ask yourself: are your users utilizing protected data sets in an appropriate manner? While most organizations focus on establishing security controls around access, the true test of compliance revolves around visibility into what users do after accessing data.
In the financial...