The EU's General Data Protection Regulation, which will be enforced beginning May 25, has significant implications for how financial institutions worldwide handle customer data, says Brett King, CEO of Moven, an all-digital bank, who sizes up the challenges.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
Respiratory care provider Lincare Inc. has signed an $875,000 settlement of a class action lawsuit brought by current and former employees in the wake of a 2017 breach involving a business email compromise scam. The company was previously fined by federal regulators after another breach.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
A security breach is always a sensitive topic - but especially so during a merger or acquisition. Ofer Israeli, CEO of Illusive Networks, discusses how deception technology can help prevent disruption by a cyberattack during M&A activity.
The number of health data breach victims added to the official federal tally so far in 2018 has doubled in recent weeks to more than 2 million. The largest breach of the year so far involved a break-in at a California government office.
The noose appears to be tightening around the Dark Overlord, a group of international hackers who have stolen and held for ransom sensitive information from dozens of companies, healthcare organizations and U.S. public schools. Serbian police say they've arrested a suspect in cooperation with the FBI and U.K....
A former CIA software engineer who is facing child pornography charges is a possible suspect in the largest-ever leak of classified information from the spy agency. While Joshua A. Schulte has not been charged with the leak, prosecutors have indicated they will soon indict him.
Mexican officials are investigating a series of technical glitches that may have been a prelude to a large cyberattack affecting at least five banks, according to news reports. While the full scope of the incidents remains unclear, up to $20 million may have been stolen.
Speech recognition software vendor Nuance Communications says an unauthorized third party accessed one of its medical transcription platforms, exposing records for 45,000 people. The company has blamed the breach on a former employee, who accessed personal data from several of Nuance's clients.
Chili's Grill & Bar is warning customers that an unknown number of payment cards were compromised at an unknown number of corporate-owned locations earlier this year for a period of time it suspects lasted two months. Should Chili's have waited to alert customers until it had more information?
Eduard Goodman, global privacy officer of CyberScout, doesn't like the disorganized way most cyber incidents are handled now. Instead, he would like to see a more project management approach. Here are the benefits he foresees.
A recent hacking incident involving a firm that staffs U.S. hospitals' emergency departments with physicians serves as a reminder of tricky questions that can pop up when a vendor has a breach impacting patient data.
New York State Attorney General Eric Schneiderman, who resigned on Monday in the midst of a personal scandal, was known for being one of the nation's toughest state enforcers in cases involving breaches, privacy and fraud. So what happens next?