An attack spoofed internet routing information, resulting in anyone who visited MyEtherWallet.com - a free, open source web app for storing and sending ether-based tokens - instead being routed to an attacker-controlled site, leading to an estimated $320,000 in losses.
Yahoo, now known as Altaba, has agreed to a $35 million civil fine with the U.S. Securities and Exchange Commission to settle accusations that the search giant failed to promptly notify investors about a December 2014 data breach.
Visibility in the cloud includes understanding all aspects of critical applications and comparing this data in real time with historical data, says Sharon Besser of GuardiCore. This enables implementation of an effective and efficient security policy, he says.
Large healthcare companies in the U.S., Europe and Asia are getting hit with a backdoor that comes from a long-observed group, which Symantec calls Orangeworm. The backdoor has been found on X-ray machines and MRIs.
The city of Atlanta's ransomware outbreak cleanup and response tab has hit $2.6 million after a March attack froze corporate servers, employees' PCs and resident-facing portals. Some security experts say the breach response funds would have been put to better use preventing the outbreak in the first place.
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.
What can be done to address the shortage of personnel to fill the ever-expanding roster of cybersecurity jobs - from entry-level positions through the CISO role? (ISC)2's John McCumber describes organizational and governmental efforts to lower barriers to entry and build tomorrow's workforce.
Attackers rarely bother with technical sophistication when easy social engineering schemes, such as "hacking" a victim's social network and using it against them, can give them what they want, says Markus Jakobsson, chief scientist at the cybersecurity firm Agari.
To combat credential stuffing and other types of rising attacks, organizations need data - and lots of it - to feed machine learning and artificial intelligence algorithms to better detect these types of high volume attacks, says Shape Security's Dan Woods.
Alert fatigue is a serious problem in terms of risk management and security analyst turnover. Ted Julian of IBM Resilient discusses how artificial intelligence and machine learning can assist with orchestration and automation.
Increasingly, SonicWall is focused on the midmarket, and CEO Bill Conner wants to help ensure that smaller and midsized enterprises have appropriate visibility into the threat landscape - the threat actors, as well as whom they are targeting.
Corporate espionage appears to be the motive behind cyberattacks targeting a variety of medical-related equipment and systems, researcher Jon DiMaggio of Symantec says in an in-depth interview about the activities of a hacker group the company has dubbed "Orangeworm."
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.