Fast-food giant Wendy's has reached a $50 million settlement agreement with financial institutions that sued after attackers planted RAM-scraping malware on point-of-sale systems in 1,025 of its restaurants in 2015 and 2016, exfiltrating data for 18 million payment cards.
As the use of artificial intelligence tools and robotics continues to grow, it's crucial for organizations to assess the potential security risks posed, says attorney Stephen Wu, who reviews key issues in an interview.
The Federal Trade Commission is reportedly negotiating a settlement with Facebook that includes a multibillion dollar fine for its privacy failures. But the social network is alarmed about the proposed settlement agreement's terms and conditions, The Washington Post reports.
What if organizations' information security practices have gotten so good that they're finally repelling cybercriminals and nation-state attackers alike? Unfortunately, the five biggest corporate breaches of the past five years - including Yahoo, Marriott and Equifax - suggest otherwise.
Germany's competition authority, the Bundeskartellamt, has prohibited Facebook from combining user data from different sources unless users consent, and it has also prohibited Facebook from blocking users who do not provide this consent. Facebook has one month to appeal the antitrust decision.
Since the EU's GDPR went into full effect, European data protection authorities have received over 59,000 data breach reports, with the Netherlands, Germany and the U.K. receiving the greatest number of notifications, according to the law firm DLA Piper.
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.
As the U.K. teeters on the edge of a "no deal" Brexit, the country's information commissioner has warned businesses to prepare, saying that any organization that handles Europeans' personal data must ensure they have a legal transfer arrangement in place for continuing to do so.
The digital revolution has given healthcare organizations new tools to increase team efficiency and improve their customer experience. But it's also opened up new vectors that cybercriminals can use to attack. As your attack surface expands to infrastructure that you don't own or control, becomes increasingly...
The latest edition of the ISMG Security Report features an update on what U.S. intelligence chiefs told Congress this week about persistent nation-state cyberthreats, plus reports on evasion tactics used by cryptocurrency money launderers and what government CIOs have to say about security funding.
Apple has revoked Facebook's enterprise certificate, leaving the social network's employees unable to access internal iOS apps, after Facebook used it to distribute an app that monitored smartphone activity, sometimes from minors, in exchange for monthly payments. Facebook says it did nothing wrong.
Yahoo's proposed settlement for a class action lawsuit must return to the drawing board after a federal judge said a proposal to place $50 million into a settlement fund for breach victims lacked security specifics and awarded excessive attorneys' fees. The case could go to trial.
Special Counsel Robert Mueller's investigation into Russian interference in the 2016 U.S. presidential elections has led to 199 criminal charges, 37 indictments or guilty pleas and four prison sentences so far. But some key questions remain unanswered.
The latest edition of the ISMG Security Report features an analysis of why Google was one of the first companies to be hit with a major GDPR fine, plus a global update on GDPR compliance trends and an in-depth report on shifts in malware.