Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
In the wake of a ransomware attack that disrupted patient care services for hundreds of Allscripts' customers, a class action lawsuit has been filed against the cloud-based electronic health records vendor for allegedly "failing to secure its systems and data from cyberattacks."
How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
Deception technology can play an important role in intrusion detection because it can help track lateral movements of intruders, says Felix Mohan, CEO at CISO Cybersecurity, who clears up some myths about the technology.
After settling a breach lawsuit for $17.2 million, Aetna has signed another large settlement related to privacy breaches involving mailings to its health plan members. The latest settlement with the New York state attorney general's office involves two mailings last year.
In separate cases, two hackers have either pleaded guilty or been sentenced to serve jail time in part for launching or facilitating DDoS attacks. One defendant, John Kelsey Gammell, was unmasked after taunting a former employer over the "ongoing IT issues" his DDoS attacks were causing.
Organizations in the Middle East and Central Asia are beginning to respond to the nuances of the evolving threat landscape in the region, says Tata Communication' Avinash Prasad in this exclusive interview.
A ransomware attack on electronic health records vendor Allscripts late last week is a reminder of the potential disruption to patient care delivery healthcare entities can face if a cloud-services provider suffers a cyberattack. It also points to the need for business continuity planning.
Data broker Equifax has released a revised count of U.K. victims of its massive 2017 data breach, now saying 860,000 residents had their personal details exposed. The data broker is offering its own fraud-monitoring services to breach victims, provided they share their personal details.
A mailing error can have huge consequences. Case in point: Aetna has agreed to a $17.2 million settlement of a class action lawsuit filed after a data breach involving HIV drug information that was visible through envelope windows on thousands of letters.
Technologists are wrangling with an identity puzzle: Is it possible to create a single digital identity that can be seamlessly and securely used at a bank, a hospital or consumer websites? It's the holy grail of identity. But experts say blockchain is likely not the answer right now.
Leading the latest edition of the ISMG Security Report: Why some organizations with working backups still choose to pay a ransom after suffering a cryptolocking malware attack. Also featured: The U.S. government's push to bolster the private sector's "active defenses."
Jason's Deli is the latest business in the hospitality or retail sector to warn that attackers used malware to steal customers' card details. The restaurant chain says 2 million payment cards were stolen from 164 restaurants during the seven-month breach.
To address growing concerns about Aadhaar, the Unique Identification Authority of India, which administers the ID program, is taking two key steps to add a layer of security. But some observers are already questioning whether the move will prove effective.