The most important lesson from the lawsuit electronic health records vendor Epic Systems filed against Tata Consultancy Services is that data security controls must extend beyond protecting personally identifiable information to include intellectual property, attorney Ron Raether explains in this audio report.
Qatar National Bank has suffered a massive breach involving 1.4 GB of sensitive internal files being dumped online by unknown attackers. Experts say customers' records, access credentials and payment card data have been exposed.
In an alert to banks, SWIFT warns that it's seen repeat attempts by hackers to subvert its messaging system, which banks around the world use to move money. It's released a "mandatory" software update to help customers identify signs of attack.
A soon-to-be-launched pilot project funded by the National Institute of Standards and Technology aims to provide a potential model for how online access to patient information can be streamlined while boosting security, NIST trusted identities expert Phil Lam explains in this audio interview.
A report that the $81 million Bangladesh Bank heist was linked to customized malware has raised questions about the security of SWIFT transactions. But the more critical issue, fraud experts say, is the need for banks to have proper security controls in place to detect and prevent network intrusions.
The U.S. government is actively disrupting - rather than just monitoring - computer systems, networks and communications technologies used by the jihadi fighters known as ISIS, ISIL or Daesh, according to a news report.
The online heist of $81 million from Bangladesh Bank involved custom malware that hacked the database used by the bank's SWIFT software, allowing attackers to transfer money and hide their tracks, according to BAE Systems Applied Intelligence. SWIFT will issue software updates and security guidance to all customers.
Like last year's breach of the online dating site Ashley Madison - tagline: "Life is Short. Have an Affair." - this year's release of the "Panama Papers" is holding individuals accountable for actions which, if not always illegal, in many cases appear to have at least been unethical.
Prosecutors have expanded a complex case, involving an alleged pump-and-dump stock scheme, hacking into U.S. banks and operating an unlicensed bitcoin exchange, to include money-laundering charges related to processing bitcoin ransoms paid by ransomware victims.
Now, more than ever, managing the risks involved in working with business associates and their subcontractors should be a top priority for healthcare organizations in their efforts to safeguard patient information, says risk management expert Andrew Hicks, who explains why.
Visa's new plan to help merchants speed checkout times for EMV chip payments sounds good, in theory. But in reality, it isn't likely to have much immediate impact on either speeding EMV adoption or enhancing the user experience.
A previously unknown cybercrime group has hacked into numerous organizations in the retail and hospitality sectors to steal an estimated 20 million payment cards, collectively worth an estimated $400 million via underground cybercrime forum sales, FireEye reports.
For the second time in two years, federal regulators have slapped New York Presbyterian Hospital with a multi-million dollar penalty as part of a HIPAA settlement. The latest incident involved filming of patients without their permission.
Two of the hacker masterminds behind the notorious SpyEye malware have each received lengthy prison sentences after pleading guilty to related charges in U.S. federal court. But alleged Zeus creator and accomplice Evginy Bogachev remains at large.