Following the alert over Meltdown and Spectre vulnerabilities, the U.K. Information Commissioner's Office is warning that failures to patch today could be punished with fines under GDPR once enforcement of the data protection law begins later this year.
Dave DeWalt, former CEO of McAfee and FireEye, identifies the next generation of cybersecurity threats in the latest edition of the ISMG Security Report. Also featured: an analysis of the recent news of the Meltdown and Spectre microprocessor flaws and the POS malware attack on retailer Forever 21.
Apparel retailer Forever 21 says point-of-sale systems in some stores were infected by malware for up to seven months, leading to the theft of customers' payment card data. The retailer says deactivated encryption technology on some POS devices exacerbated the severity of its breach.
As the healthcare sector implements a variety of new applications and increasingly moves to the cloud, it has a fresh opportunity to address security, says Daniel Bowden, CISO at Sentara Healthcare, who discusses best practices.
So what actions can we expect in 2018 from the Department of Health and Human Services' Office for Civil Rights as it enforces the HIPAA privacy, security and breach notification rules? Making a prediction is difficult, given all the changes at HHS.
The international payments system is largely based on the three-decades old SWIFT messaging system. But cyberattackers have exploited weak controls employed by banks to make fraudulent transfers. Nick Armstrong of Identitii discusses a path forward for securing payments made with legacy systems.
A report on the SEC targeting a Canadian company for fraud, alleging it cheated investors by exploiting a so-called Initial Coin Offering crowdsourcing funding system, leads the ISMG Security Report. Also, an NSA analyst pleads guilty in a case involving storing classified data on his home PC.
Roman Seleznev, the son of a Russian lawmaker who earlier this year received one of the longest sentences ever handed down in the U.S. for computer-related crimes, has been slammed with two more 14-year sentences. He was a key figured in the infamous Carder.su fraud marketplace.
As data protection breaches have become daily headline news and everyone becomes increasingly sensitive about privacy, the regulatory regime is getting tougher. Data protection laws in Europe are more important than ever before - especially as the enforcement deadline of the EU GDPR looms.
With a rise in incidents of omnichannel financial fraud globally, financial institutions need to enhance their ability to detect fraud - while also reducing technical complexity. Maxim Shifrin of IBM Trusteer discusses new solutions.
Recent versions of Windows have a security problem: They're not random enough, CERT/CC warns. The problem centers on certain uses of ASLR, which is designed to block return-oriented programming techniques and code reuse attacks.
Businesses need to find more ways of incentivizing good researchers to find flaws in technology before bad actors discover them, says Rafael Narezzi, CIO of financial services firm TS Lombard. For every bug hunter with good intentions, how many more are developing weaponized exploits for sale on darknet markets?
The PCI Security Standards Council is creating a payments software framework, including two new standards that can evolve as the software rapidly changes, Troy Leach, the council's CTO, explains in this in-depth interview.
Information Security Media Group's Healthcare Security Summit in New York on Nov. 14-15 will feature a top-notch lineup of more than 40 experts, including leading CISOs, who will explore such issues as battling ransomware, improving medical device security and beefing up breach prevention.