Cryptocurrency money laundering is increasing dramatically, being already three times greater than in 2017. And we're only half way through the year, observes Dave Jevans, Founder and CEO of CipherTrace, and chairman of the Anti-Phishing Working Group.
Numerous technology firms now offer facial biometrics recognition search tools for big data sets. But information security expert Alan Woodward warns that these big data sets must be "considered and regulated very heavily" or else we'll be "living in 1984 without knowing it."
Old technology never dies, but rather fades "very slowly" away, as evidenced by there being 21 million FTP servers still in use, says Rapid7's Tod Beardsley. Rapid7's scans of the internet have also revealed a worrying number of internet-exposed databases, memcached servers and poorly secured VoIP devices.
California's legislature has quickly introduced and passed new privacy legislation, making the state's laws the strongest in the U.S. The new law gives consumers a raft of new rights, and aims to bring more transparency to the murky trade in people's personal information.
An Equifax software engineer has settled an insider trading charge with the U.S. Securities and Exchange Commission after he allegedly earned $77,000 after he made a securities transaction based on his suspicion that the credit bureau had suffered a data breach.
Federal authorities have arrested more than 35 suspects on charges that include selling illicit substances via darknet marketplaces - such as AlphaBay, Dream and Hansa - thanks in part to undercover agents posing as cryptocurrency money launderers. Authorities say the year-long investigation is continuing.
Privacy rights groups are calling on the Court of Justice of the European Union to clamp down on at least 17 EU governments that require domestic telecommunications firms to store all communications data, despite the court having ruled that such mass surveillance practices are illegal.
Europe's General Data Protection Regulation is reshaping the way organizations handle data. That's going to have an impact on the sharing of threat intelligence. But the Anti-Phishing Working Group hopes the law will provide legal clarity that will make more organizations comfortable with sharing threat data.
The EU's GDPR is already having an impact on how organizations approach data breach detection and remediation, leading many to rely more strongly on security orchestration and automation, says Allen Rogers of IBM Resilient.
When communications giant Publicis Groupe launched its GDPR compliance project, CISO Thom Langford says, "it was more a case of honing and polishing, rather than building from the ground up," thanks to its existing information security management system and complying with ISO 27001.
Driven by the EU's General Data Protection Regulation and other regulations, as well as the move to the cloud, more organizations are turning to data classification to help them silo and protect their most sensitive information, says Tony Pepper, CEO of Egress.
When June arrives in the United Kingdom, that means it's time for the annual Infosecurity Europe conference in London. Here are visual highlights from this year's event, which featured 240 sessions, 400 exhibitors and an estimated 19,500 attendees.
The U.K.'s Dixons Carphone is investigating a data breach that resulted in the suspected exposure of 5.9 million payment cards and nonfinancial information for 1.2 million customers. The incident could become the first U.K. breach to fall under the EU's General Data Protection Regulation.