Espionage: Every nation does it. But for nation-state hacking that targets intellectual property or interference in political affairs, the U.S. has been using criminal indictments against individuals as a diplomatic way of saying: "We see what you're doing, now knock it off." But does it work?
The FIN7 cybercrime gang regularly phoned victims, posing as buyers, to trick victims into opening phishing emails and attachments with malware, federal prosecutors allege. The group's success - 15 million stolen payment cards and counting - is one measure of how difficult these types of attacks are to block.
A WannaCry outbreak has hit unpatched Windows 7 systems at Taiwan Semiconductor Manufacturing Co., crippling its factories. The world's largest chipmaker, which traced the infection to a new software tool that it failed to scan for malware before installation, says the outbreak could cost it $170 million.
The chief security officer for the U.S. Democratic Party is recommending that all party officials avoid using mobile devices made by Chinese manufacturers ZTE and Huawei. Bob Lord says that even if devices from those manufacturers are free or low cost, no one wants to be the next "patient zero."
Retired Brigadier General Gregory Touhill, the first CISO of the federal government, spells out what he sees as the essential steps for fighting against Russian meddling in this year's midterm elections. He'll be a featured speaker at ISMG's Security Summit in New York Aug. 14-15.
One measure of why it's so difficult for organizations to keep their software patched and better secured: Of the nearly 20,000 unique vulnerabilities in 2,000 products cataloged last year, only half involved Microsoft, Adobe, Java, Chrome or Firefox software, says Flexera's Alejandro Lavie.
Reddit suffered a data breach in June after attackers managed to bypass its SMS-based two-factor authentication system. User data from 2007 and before was compromised. Security experts say the breach should serve as a reminder that using any two-factor authentication is better than none.
With Australia's data breach reporting law now in effect, its healthcare sector has recently reported the highest number of data breaches - a finding that is sure to intensify the already intense scrutiny of the country's controversial e-health records project.
What should President Donald Trump do to prevent Russian meddling in the midterm elections? Ed Amoroso, the former CISO of AT&T, offers three bold suggestions. He'll be a featured speaker at ISMG's Security Summit in New York, to be held Aug. 14-15.
What advice does the world's first CISO have for the current generation of CISOs? Stephen Katz emphasizes, first and foremost, that cybersecurity must be treated as a business risk management issue rather than a technology issue. He'll be a featured speaker at ISMG's Security Summit in New York Aug. 14-15.
The fundamentals of governance, risk and compliance are sorely lacking in too many organizations that are striving to improve cybersecurity, says Malcolm Palmore, an assistant special agent at the FBI.
When it comes to the internet of things, balancing the need to protect privacy against the need for technological innovation, such as to improve healthcare, is proving challenging, says attorney Jean Marie Pechette.
A recent global survey found that two-thirds of companies are seeing sales delays because of data privacy questions coming from their customers, says Robert Waitman of Cisco.
Facebook is making substantial investments to improve its data security and privacy practices. But the long-term cost of those investments and impact on the bottom line has spooked investors, leading to a $120 billion loss in market value on Thursday, the largest one-day loss of value for a U.S. traded company.
Facebook has promised to bring machine learning to bear on the problem of hate speech and information warfare via its platform. But insiders have been urging the company to pursue a major cultural change, including prioritizing not doing anything "creepy" over the quest for short-term gain.
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