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.
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?
Equifax says it continues to field queries from U.S. lawmakers about the full extent of its massive 2017 data breach, which occurred after an attacker exploited its unpatched Apache Struts web application. Research finds that many more organizations are using unpatched Struts applications.
Security vendor ProtectWise says a series of operating mistakes has allowed it to gain insight into a group, believed to be affiliated with Chinese intelligence, that specializes in stealing code-signing certificates. The certificates allow for the signing of malware that's unlikely to raise security alarms.
The Ashley Madison breach of 2015 quickly became one the most famous of the high-profile hacks. Three years later, CISO Matthew Maglieri discusses the breach recovery and what he refers to as "cybersecurity in a world of discretion."
Twitter has apologized after it discovered that it had been inadvertently storing users' passwords in plaintext in an internal log, potentially putting them at risk. Twitter has blamed a bug for the fault and recommends all users change their passwords immediately.
The pressure to meet compliance, and maintain and grow your customer base is intensified as the creativity of fintech offerings and customer expectations continue to rise. To effectively differentiate your offerings, your ability to deliver innovative, omni-channel services will be critical.
Australia's Commonwealth Bank has confirmed that two magnetic tapes containing transaction information for 19.8 million accounts went missing two years ago after mishandling by a subcontractor. A forensic investigation concluded the tapes were likely destroyed, and no fraudulent activity has been detected.
Jan Koum, WhatsApp's co-founder, is leaving Facebook. His departure marks another exit of a high-level privacy and security advocate. If Facebook continues to lose those who could better influence the social networking site's worrying views toward user data, what does that mean for the rest of us?
Mexico's central bank says attackers attempted to hack its interbank electronic transfer system, but says no client money was lost. It's activated "contingency measures" at the targeted banks and says payment transfers could slow as a result.
The likelihood of encountering a sophisticated cyberattack is much higher than ever before - especially with the leak of government-grade hack tools in the public domain, says Dan Larson of CrowdStrike, who discusses the latest threat research.