What do you do if you're the CEO of a credit bureau that's suffered a massive breach, leading to Congressional probes, dozens of lawsuits, formal investigations by state attorneys general and calls for your resignation? Answer: Issue an apology via USA Today.
If the Equifax breach turns out like every other massive data breach we've seen for more than a decade, after a big brouhaha - from Congress, state attorneys general, consumer rights groups and class-action lawsuits - nothing will change, because that would require Congress to give Americans more privacy rights.
A 10-digit PIN used by consumers to freeze access to credit reports with Equifax is based on dates and times, several observers have noticed. Equifax says it plans to change how the PIN is generated, but experts say it's another troubling development for a troubled company.
Beyond the emotion, the arrest of security researcher Marcus Hutchins last month on charges that he developed and sold banking malware has thrust information security researchers into the legal limelight and highlighted just how much law enforcement agencies rely on them.
The telecom sector in India has repeatedly been targeted by malware attacks, raising serious concerns about vulnerabilities in one of the largest local business sectors. As a result, some security experts are calling for stronger enforcement of regulations and more frequent security audits.
Security comes to Las Vegas this week in the form of Black Hat USA 2017. Hot sessions range from an analysis of power grid malware and "cyber fear as a service" to details of two major hacker takedowns and how the world's two largest ransomware families cash out their attacks.
Medical transcription software vendor Nuance is the latest company to acknowledge that it's still struggling to recover from the recent global NotPetya ransomware attacks and will see a dip in its financial performance as a result.
Worried about the use of encryption by terrorists, Australia plans to lobby its key signal intelligence partners at a meeting in Canada for the creation of new legal powers that would allow access to scrambled communications. But Australia says it doesn't want backdoors. So what does it want?
Security practitioners in India need to have a better perception of threats and risks to build successful detection and defense strategies. That was one of the key lessons offered at ISMG's Fraud & Breach Prevention Summit in Bengaluru June 7.
British Airways grounded all flights at London's two biggest airports starting Saturday, leading to multiple days of disruptions. The airline has blamed a power surge for its IT failures, but experts have questioned the airline's resiliency and disaster recovery planning and testing.
The identity of the individual or group behind the global WannaCry ransomware campaign remains unclear. But whoever wrote the ransom notes appears to have been fluent in Chinese and pretty good at written English, according to a linguistic analysis from security firm Flashpoint.
Criminals have long aimed to separate people from their possessions. So for anyone who follows ransomware, the WannaCry outbreak won't come as a shock. Nor will longstanding advice for surviving ransomware shakedowns: Prepare, or prepare to pay.