Summit Credit Union of Wisconsin is seeking class-action status for a lawsuit against credit bureau Equifax. The credit union contends it will have to bear the fraud costs resulting from Equifax exposing a massive amount of U.S. consumer data in one of the worst data breaches ever seen.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.
The chairman of the U.S. Securities and Exchange Commission will face the Senate Banking Committee next week following the agency's belated disclosure that in May 2016, hackers stole secret market data from the SEC's systems and apparently used it for "illicit gain through trading."
Analyzing the impact of a breach of computers at the U.S. Securities and Exchange Commission leads the latest edition of the ISMG Security Report. Also, exploring alternative plans to implement cybersecurity regulations on credit reporting bureaus in the wake of the Equifax breach.
In today's dynamic threat landscape, "real-time" is the operative phrase - and it needs to apply both to threat detection and incident response, says Tim Bandos of Digital Guardian. What are the required security controls and tools?
Hackers behind the mega-breach at Equifax stole data in May, but they - or other attackers - penetrated the credit bureau's systems in March, exploiting a vulnerability for which Apache Struts had issued a patch, just four days prior.
A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.
When creating a security action plan, not enough organizations include provisions for communicating with the police, says Kenrick Bagnall, a detective constable in the cybercrime unit of the Toronto Police Service.
Are organizations making the same security mistake with APIs today that they made with their websites 10 and 20 years ago? Jeffrey Costa of Akamai Technologies says yes and offers insight on securing and caching APIs.
Most organizations are good at collecting threat intelligence, but they struggle to operationalize it - and especially to use it for threat attribution. Arbor Network's Paul Bowen tells where organizations are commonly missing the mark.
Information security professionals to the U.S. government: Please put up or shut up over Moscow-based cybersecurity firm Kaspersky Lab, by either showing evidence that others can independently judge, or else dropping your vague insinuations.
Equifax is disputing Bloomberg's report that it suffered an undisclosed data breach, discovered in March, that predates the massive breach that began in May. Instead, Equifax says the March incident involved its payroll service and that it notified all victims and required regulators.
In the latest edition of the ISMG Security Report: a look at the former Equifax chief information security officer and whether her lack of academic credentials in IT or IT security is relevant to the massive breach at the credit reporting agency.