The financial sector continues to be a prime target for highly sophisticated, customized attacks. The SWIFT money transfer system recently came under attack resulting in an $81 million heist of the Bangladesh Bank. This number pales in comparison to an estimated $1 billion stolen from over 100 banks worldwide by the...
Adobe will pay a small financial penalty to 15 states to resolve consumer protection and privacy claims following a data breach that affected 38 million active user accounts. The company's legal fees associated with the incident are likely far higher than the settlement amount, experts say.
Yahoo in 2014 spotted that an attacker - later revealed to have compromised 500 million accounts - was inside its network, according to a new SEC filing. With Yahoo's $4.8 billion sale to Verizon still pending, the admission adds to the search giant's complications.
Chipmaker Intel will spin out its Intel Security unit - once again named McAfee - with a value that's markedly lower than what it paid. Meanwhile, long-gone founder John McAfee is suing for the right to launch a new security company bearing his name.
MacKeeper squared off with a 14-year-old over four videos he posted that criticized the anti-virus firm's marketing practices, warning the teenager that his parents could face steep legal fees and civil fines for alleged slander and libel.
Forget the 2015 mega-breach, an ongoing FTC probe or multiple class-action lawsuits: A new leadership team wants to reboot infidelity-focused online dating website Ashley Madison, promising that this time they'll get security and privacy right.
Will a federal appellate court ruling in favor of a Minnesota bank that sued its insurer for coverage of costs associated with a fraudulent wire transfer have a big impact on similar cases? Experts offer an analysis.
A federal judge has cleared the way for a class-action lawsuit filed by card issuers against Home Depot over the retailer's massive 2014 payments breach to proceed. In making the ruling, the judge noted that the banks' allegations regarding the retailer's security negligence appear to have merit.
A judge has declined to share details of a flaw exploited by the FBI - either in the Firefox browser or modified Tor version - during the course of a large child pornography investigation, saying Mozilla should deal directly with the U.S. government.
Close on the heels of the QNB leak, the same attackers have published data that appears to be from UAE-based InvestBank. The dump appears to contain payment card data, as well as a large number of sensitive, internal files relating to the bank's employees and systems.
The most important lesson from the lawsuit electronic health records vendor Epic Systems filed against Tata Consultancy Services is that data security controls must extend beyond protecting personally identifiable information to include intellectual property, attorney Ron Raether explains in this audio report.
A jury's decision to award $940 million in damages to electronic health records software vendor Epic Systems, which had sued India's Tata Consultancy Services alleging theft of trade secrets, serves up lessons about the importance of restricting access to all sensitive data, including intellectual property.
A court has approved settlement of a class-action lawsuit filed by employees of Sony Pictures in the wake of its massive 2014 breach. But some legal experts say the consumer protections provided in the settlement do not go much beyond what the company should have routinely provided to victims in the wake of a breach.
The FBI has successfully retrieved data off the iPhone used by one of the San Bernardino shooters and is withdrawing its motion to have a federal court order Apple to help the government unlock the phone. A federal law enforcement official declines to characterize the information discovered on the device.