The latest edition of the ISMG Security Report analyzes concerns about the use of Huawei equipment by U.S. telecommunications firms. Also featured: A Huawei executive discusses 5G security, plus an update on an Australian ransomware attack.
"Cyberattacks are one of the unfortunate realities of doing business today," reads gaming company Zynga's data breach notification, thus breaking the first rule of crisis management: Own your mistakes. Hacker Gnosticplayers claims the company was still storing passwords using outdated SHA1.
An unspecified malware attack against the IT systems of Rheinmetall's automotive division in Brazil, Mexico and the U.S. is costing the company an estimated $4 million a week, the company says. It's one of several attacks over the last two weeks affecting defense contractors.
What are some of the most important aspects in managing vendor security risk when taking on third parties to handle sensitive data? Mitch Parker, CISO of Indiana University Health, explains the critical steps his organization is taking in its approach to vendor risk.
Delayed enforcement of the "strong customer authentication" requirements for online transactions under the European Union's PSD2 regulation is hampering efforts to enhance security. That's why the European Banking Authority should act quickly to develop a new timeline.
The city of Baltimore's ransomware outbreak - $18 million in costs and counting - led to many crypto-locked files being lost forever, because no IT policy mandated centralized file backups. But effective IT solutions exist to help solve this challenge, provided they're deployed in advance of an attack.
Food delivery startup DoorDash says 4.9 million customer, contractor and merchant records were breached after "unusual activity" by a third-party service provider. Even aside from the usual identification data, experts say certain data - such as food allergies - could pose risks in the wrong hands.
Why did U.S. President Donald Trump discuss cybersecurity firm CrowdStrike with the president of Ukraine, saying "the server, they say Ukraine has it"? Experts say Trump appears to be referring to one or more conspiracy theories, none of which have a basis in reality.
Russian national Andrei Tyurin pleaded guilty to perpetrating massive hack attacks against leading U.S. financial services firms and others from 2012 to mid-2015. Victims included JPMorgan Chase, from which he stole details of 83 million customer accounts.
Malindo Air in Malaysia is blaming a recent data breach that exposed the personal information of millions of passengers on two former employees of a third-party supplier to the airlines. Customers of a sister company, Thai Lion Air in Thailand, were also affected, according to Reuters.
Artificial intelligence technologies that provide surveillance capabilities can have upsides as well as downsides. Unfortunately, as developers and governments rush to experiment, security, privacy, data protection and liability questions remain unanswered.
Russian national Andrei Tyurin, who was extradited last year from Eastern Europe to the United States, has stated that he plans to accept a plea deal he's reached with federal prosecutors. Tyurin has been charged with numerous crimes, including hacking JPMorgan Chase and stealing 83 million customer records.
The latest edition of the ISMG Security Report features a discussion of the controversies surrounding the release of whistleblower Edward Snowden's memoir. Also featured: An update on Lumen PDF's breach disclosure; insights on financial services identity management issues.
Ignoring a breach disclosure can have ugly consequences. Case in point: Lumin PDF, a PDF editing tool, which saw data for much of its user base - about 24.3 million - published in an online forum late Monday. Data breach expert Troy Hunt says it's sign of the dysfunction in the breach disclosure process.
The Canadian government has arrested a senior intelligence official on charges of working as a mole. He was reportedly unmasked after investigators found someone had pitched stolen secrets to the CEO of Phantom Secure, a secure smartphone service marketed to criminals that authorities shuttered last year.