The Singapore arm of AXA Insurance Group says a web application flaw exposed the personal data of thousands of insurance customers to hackers. Experts weigh in on what can be done to prevent such incidents.
A detailed analysis of the Equifax breach highlights the latest edition of the ISMG Security Report. Also, an update on Russia exploiting social media to influence the 2016 presidential vote.
If the Equifax breach turns out like every other massive data breach we've seen for more than a decade, after a big brouhaha - from Congress, state attorneys general, consumer rights groups and class-action lawsuits - nothing will change, because that would require Congress to give Americans more privacy rights.
To prepare for more ransomware attacks, organizations need to follow a consistent model of connected, synchronized security, says Sophos' Sunil Sharma, managing director for India and SAARC.
In the wake of increasing cybersecurity concerns, the government of India wants to leverage indigenously developed security solutions to protect telecom networks. But some security experts say that could prove difficult.
A 10-digit PIN used by consumers to freeze access to credit reports with Equifax is based on dates and times, several observers have noticed. Equifax says it plans to change how the PIN is generated, but experts say it's another troubling development for a troubled company.
Leading the latest edition of the ISMG Security Report: Observations about America's standing as a global cybersecurity leader from Christopher Painter, who until earlier this summer served as the United States' top cyber diplomat. Also, threats posed by IoT devices.
Although there are many options for threat information sharing, there are not enough initiatives that are properly codified and defined so that enterprises can easily share relevant information with a business context in a structured and timely manner, says Avinash Prasad of Tata Communications.
Oracle's Joshua Brooks understands why those charged with information security compliance can, at times, be overwhelmed when they must deal with frameworks associated with PCI, HIPAA, FedRAMP, ISO 270001 and NIST 800-53, to name a few.
Two Russian hackers, members of a group called "Shaltay-Boltai" - Humpty Dumpty in Russian - that stole and sold high-level Russian officials' emails, have been sentenced to serve three years in prison. The case against them may tie to a high-profile Russian treason investigation.
Facebook says hundreds of bogus profiles and group pages likely linked to Russia bought $100,000 worth of politically themed and divisive ads aimed at U.S. voters. The finding affirms the belief of U.S. intelligence agencies that Russia waged a multipronged effort to disrupt the U.S. election.
Although so far only about eight Indian firms have reported to authorities that they've been victimized by Locky ransomware, according to news reports, security experts say many more companies have likely been impacted.
MeitY has urged all ministries to allocate 10 percent of their IT budgets to cybersecurity following several high-profile hacks and breaches. But do the ministries understand the required security investments?
Increased digitisation and adoption of digital banking channels have led to a sharp increase in incidents of mobile fraud, enhancing the challenges for the CISOs in securing these transactions, says Subhash Subramaniam, CISO of ICICI Bank.
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