One day, organizations may be able to self-certify their GDPR compliance, says an official at the U.K.'s data privacy regulator. Regardless, experts recommend that organizations ensure they are focusing on continuous GDPR compliance and regularly testing their data breach response plans.
The era of the underground marketplace may be ending as concerns over law enforcement infiltration rise, says threat intelligence company Digital Shadows. Cybercriminals' deals are shifting toward encrypted chat and other decentralized services, the company says.
Australian HR service provider PageUp, which serves a variety organizations worldwide, says malicious software on its systems may have compromised client data as well as usernames and passwords. PageUp believes systems that store documents, resumes and employment contracts are not affected.
The geneology service MyHeritage says a security researcher found 92 million email addresses and hashed passwords for its users on a private external server. The company, however, says there's no evidence of abnormal account activity or indications family trees or DNA results were affected.
RSA's most recent Quarterly Fraud Report shows that "newsjacking" is increasingly empowering phishing attacks, says Angel Grant, RSA's director of identity fraud and risk intelligence. The report also shows a continuing surge in mobile app fraud.
Australian police in Queensland are pursuing a criminal investigation into what may be one of the first instances of a company swiping cryptocurrency using a software backdoor after a business deal went bad.
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story. Jim Apger of Splunk discusses reading and reacting to these stories.
Experts have long warned that bitcoin is not as private as it appears. The very design of bitcoin, as well as some other virtual currencies, can lend a surprising amount of information about the groups using it to transact. In fact, it's sometimes easier to track than if criminals used the banking system.
A lawsuit seeking class action status has been filed in the aftermath of a data breach impacting 150 million users of Under Armour's MyFitnessPal mobile application and website. But the apparel maker has asked the court to compel arbitration of the case.
Late last year in Australia, cybercriminals began targeting a fertile yet relatively poorly protected business sector for so-called business email compromise scams: the real estate industry. One expert says the industry, highly dependent on email, is ill-prepared for the attacks.
Hackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers' account details on a fraud forum. The FBI says online extortion and ransomware remain the top two types of cybercrime it's seeing today.
Large data breaches make headlines, trigger stock price slips and often lead to executives getting fired. But security consultant Eric Pinkerton's study of breached businesses - including Ashley Madison, Equifax and Uber - finds that many organizations not only recover from breaches, but end up thriving.
Russian software firm Kaspersky Lab has been dealt a setback in its effort to overcome the U.S. government's ban on use of the firm's anti-virus software on federal systems. A judge has dismissed the firm's two lawsuits seeking to have the ban lifted.