The latest edition of the ISMG Security Report features an analysis of retailer Fat Face’s awkward "strictly private and confidential" data breach notification. Also featured: Discussions on the ethics of buying leaked data and the rise of central bank digital currencies.
Anyone wanting to invent a system designed to stoke widespread abuse by fraudsters would be hard-pressed to best the non-fungible token. Because they get bought and sold using cryptocurrency, it's only a question of when scammers will turn their attention to defrauding NFT aficionados.
Four editors at Information Security Media Group discuss important cybersecurity issues, including dealing with attacks targeting the aging Accellion File Transfer appliance and taking steps to enhance employee authentication.
The ODP Corp. reports in a Securities and Exchange Commission 8-K filing that it has suffered a loss of about $28 million due to a March 1 cyber incident at its business services and supplies subsidiary, CompuCom, that forced the company to shut down some of its operations.
Customers of Indian payments platform MobiKwik appear to have gotten a lucky break: A listing for 8.2TB of stolen data pertaining to 99 million customers was withdrawn by a cybercrime forum seller, supposedly because of the public risk posed. MobiKwik continues to deny that it was breached. Who's to be believed?
Security practitioners often tread a fine and not entirely well-defined legal line in collecting current and meaningful research. This research can also pose ethical questions when commercial sources for stolen data fall into a gray area.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.
An attacker added a backdoor to the source code for PHP, an open-source, server-side scripting language used by more than 75% of the world's websites. Core PHP project members say the backdoor was quickly removed.
Several members of the German Parliament, the Bundestag, and political activists in the country were targeted by a spear-phishing campaign, according to a local news report Friday. Parliament previously sustained a cyberattack in 2015.
Many organizations have updated the authentication process for customers to help ensure frictionless transactions. Now, some are starting to take similar steps to streamline and enhance authentication of their employees - especially those working remotely.
What happens when an e-commerce retailer sends customers a data breach notification email with a subject line that reads "strictly private and confidential"? "Clearly trying to make people stay quiet," responded one unamused Fat Face customer. Others report being none the wiser as to what risks they now face.