The British government rewrote the country's computer abuse law in March to shield law enforcement and intelligence agencies from being prosecuted for hacking. The move, which just came to light, appears to have been driven by a legal claim.
Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
Wanted: Hackers for hire. Or in British government parlance: "Committed and responsible individuals who have the potential to carry out computer network operations to keep the U.K. safe." Ready to apply?
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
Fraudsters have been hacking into and draining Starbucks accounts, customers report. Security experts say attackers appear to be guessing weak account passwords, then using funds to fill up gift cards destined for the black market.
Much of today's crime is "cyber-enabled," warns cybercrime expert Raj Samani, and successfully blocking such attacks increasingly demands not just better technology and public-private collaboration, but also an understanding of psychology.
Lenovo issues an emergency patch to fix flaws in the System Update software that it preinstalls on business-focused Windows PCs after security researchers discover vulnerabilities that could be used to remotely compromise machines.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.
In conducting due diligence, investors spend more time than ever assessing the cyber-risk posed by the company targeted for acquisition, says Jacob Olcott, VP for business development at Bitsight Technologies.
Mark Clancy, CEO of Soltra, which provides an automated information sharing platform, says banks and credit unions that don't share threat intelligence will never advance their information risk management practices.
Are you heading to RSA Conference 2015 in San Francisco? If so, be sure to connect with Information Security Media Group. We'll be out in full force on the Expo floor, as well as running a number of must-attend sessions and events.
Leaders and top practitioners from numerous federal government agencies will transplant themselves to San Francisco this coming week to share their knowledge on a wide range of topics at RSA Conference 2015.
In the wake of the breaches suffered by JPMorgan Chase, Sony and Anthem, attack attribution and information sharing are playing more prominent roles for banking leaders, and they will be key discussion points at the upcoming RSA Conference 2015 in San Francisco.