Technological advances that are sweeping the financial sector by storm have brought about new ways for users to access their data on the go but it also presents new challenges for financial institutions to protect the personal data of their customers. Every financial institution needs to implement a comprehensive...
Uber has agreed to stricter monitoring by the U.S. Federal Trade Commission following its concealment of a 2016 data breach while it was negotiating with the agency for a settlement tied to a separate, yet similar, breach two years prior.
With Alabama and South Dakota recently becoming the last two states to adopt breach notification laws, notification processes become more complicated, says privacy attorney Adam Greene, who offers an in-depth analysis.
A spate of payment card breaches at some of the most recognized U.S. brands has been blamed on the hacking of India-based chat network provider 7.ai that led to the infiltration of online chat portals for Delta, Sears, Best Buy, Kmart and perhaps others.
Department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor have suffered a data breach that apparently exposed details on 5 million payment cards. Cybersecurity firm Gemini Advisory says the JokerStash syndicate - aka Carbanak gang - is selling the stolen card data.
Expedia's Orbitz travel fare search engine says it may have suffered a breach that resulted in 880,000 payment cards being compromised, along with other customer data, over a two-year period. Orbitz says the apparent breach involved a legacy system no longer connected to its site.
Anyone who dined out at one of 166 Applebee's restaurants in 15 states may have had their payment card details compromised by point-of-sale malware infections that began in November 2017, RMH Franchise Holdings warns.
The U.K.'s National Cyber Security Center and Australian Cyber Security Center are using the "Have I Been Pwned" breach-monitoring service to centrally monitor for email addresses registered to government domains that appear in data breaches.
An analysis of a massive 8.8 GB trove of files containing usernames and plaintext passwords suggests hundreds of services may have experienced unreported or undiscovered data breaches. Data breach expert Troy Hunt says the trove of 80 million records appears to contain fresh data.
Equifax says that its digital forensic investigators have found that while its tally of 145.5 million U.S. breach victims hasn't changed, more of them had their email addresses, tax identification numbers and driver's license information exfiltrated.
Singapore's new cybersecurity law passed earlier this week mandates that owners of critical information and infrastructure report cybersecurity incidents to the Cybersecurity Agency. Security experts discuss organizations' readiness to comply.
Uber CISO John Flynn tells a U.S. Senate subcommittee that the company should have told the public sooner about its 2016 data breach. He says the company's attempt to position its $100,000 payoff to hackers as a bug bounty was not appropriate.
The number of data breaches reported by U.S. organizations reached an all-time high last year. In 2017, organizations that described how bad their breach was - and one-third did not - collectively lost 14 million payment cards and 158 million Social Security numbers, according to the Identity Theft Resource Center.
Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
Data broker Equifax has released a revised count of U.K. victims of its massive 2017 data breach, now saying 860,000 residents had their personal details exposed. The data broker is offering its own fraud-monitoring services to breach victims, provided they share their personal details.