Tesco Bank has been hit with a £16.4 million ($21.3 million) fine by the U.K.'s Financial Conduct Authority for failing to prevent and more rapidly block thousands of fraudulent transactions that drained £2.3 million ($3 million) directly from customers' bank accounts.
The U.K.'s data protection regulator has fined Bupa Insurance Services £175,000 ($228,000) for failing to stop an employee from stealing 547,000 customer records, which were later offered for sale on the dark web. The ICO found that the health insurer's CRM system lacked adequate security controls.
To comply with GDPR, Facebook has notified Ireland's data privacy watchdog about the massive breach it has suffered, resulting in 50 million accounts being exposed. But Irish authorities have signaled that Facebook has failed to share all of the information they would have expected to see.
Facebook revealed Friday that it had discovered a breach that affected almost 50 million user accounts. Attackers exploited a vulnerability that enabled them to steal "access tokens," digital keys that keep users logged in so they don't need to re-enter their password.
Several days after the Port of San Diego was hit by a crypto-locking ransomware attack, incident response efforts remain underway and many port systems remain offline. Port officials say the attacker has demanded a ransom, payable in bitcoin, for the promise of a decryption key.
An Australian man who as a teenager managed to infiltrate Apple's networks and do it again after the company expelled him - aided by a folder on his laptop storing his "Hacky Hack Hack Methods" - has been sentenced to serve eight months of probation, according to news reports.
Ride-hailing platform Uber Technologies has reached a $148 million settlement agreement with the attorneys general of all 50 states and the District of Columbia over its failure to report a massive 2016 data breach in a timely manner, as well as its inadequate information security practices.
In harmony with a wave of global privacy and security legislation, Canada has its own new breach notification requirements going into effect on Nov. 1. Attorney Ruth Promislow says these standards will force organizations to shift from a reactive to a proactive approach to incident response.
Ryan Duquette, an independent forensics examiner who formerly was a criminal investigator in law enforcement, offers insights on public/private partnerships and how investigators can work better with enterprises in the event of a breach.
A national cybersecurity strategy document released by the White House last week - along with comments from a top Trump administration official that the U.S. would step up its offensive cyber measures - are getting mixed reviews from cybersecurity experts.
WhatsApp has agreed to appoint a grievance officer for India who will handle complaints about fake news. The nation's government had demanded the action in the wake of recent mob violence triggered by fake news spread on the social media platform. But will the appointment have a significant impact?
Scan4You, a notorious cornerstone of the cybercrime-as-a-service economy that allowed malware developers to more easily create code to bypass anti-virus defenses, has been dismantled, and its Latvian technical administrator has been slammed with a 14-year U.S. prison sentence.
In Australia, it can take as few as 15 minutes to steal someone's phone number, a type of attack known as SIM hijacking. Such attacks are rising, but mobile operators have no plans to change the authentication required around number porting, which can be set in motion online with minimal personal information.
IoT devices are increasingly becoming a way to pay for goods and services, shifting the "internet of things" to the "internet of transactions." Gord Jamieson of Visa Canada discusses steps the card network is taking to ensure these payments are secure.