The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
Mega-breaches, including the recent hacking attack on Anthem Inc. always result in an uptick of interest in cyber-insurance, but determining how much coverage to buy is an ongoing challenge, says data privacy attorney Marc Voses.
The White House Summit on Cybersecurity and Consumer Protection late last week served as the stage for more than a dozen companies and trade groups to announce new initiatives aimed at securing Internet transactions and payments and reducing fraud.
Nine days after revealing that hackers gained access to personal data on millions of its customers, health insurer Anthem on Feb. 13 began offering victims two years of free credit monitoring and ID theft insurance, plus "identity repair assistance."
In a Feb. 13 keynote speech at a cybersecurity summit, President Obama described the cyberworld as the "wild, wild West" and the American government as the sheriff. Then he signed an executive order aimed at boosting cyberthreat information sharing.
Congressional investigators for the first time are designating protecting the privacy of personally identifiable information as a high risk area within the federal government and calling on Congress to enact new legislation to enhance PII safeguards.
What are the top security priorities for healthcare's "CIO of the Year"? Bolstering defenses against phishing, malware and remote attacks head the list, says Sue Schade, CIO at the University of Michigan Hospitals and Health Centers.
Enterprise IT administrators are being urged to immediately patch a flaw that affects every Windows system released for the past 15 years. Attackers could remotely exploit the flaw to take control of a device and run any code of their choice.
A new federal cyberthreat intelligence center could help the government build more resilient networks and better identify cyber-attackers, leading to arrests and punishments, says Harry Raduege, a former top Defense Department IT leader.
As hack attacks, such as the breach of Anthem Inc., become more common, it's more critical than ever for organizations to carry out an "adaptive defense model" to protect sensitive information, says Dave Merkel, chief technology officer at FireEye.
The Anthem breach, which possibly started with a phishing campaign, is a prime example of how hackers are perfecting their schemes to target key employees who have access to valued information, says Dave Jevans of the Anti-Phishing Working Group.
Ten state attorneys general have criticized Anthem Inc. for being too slow to communicate with those affected by its massive data breach. But the health insurer says it will post details Feb. 13 on how victims can enroll for certain free services.
President Obama twice threatened to veto info sharing bills sponsored by Rep. Mike McCaul. So when the Texas Republican backs the Democratic president's plan for a cyberthreat intelligence center, you've got to think it's a great idea. Maybe, maybe not.
The FTC has ordered medical billing company PaymentsMD to change its practices for the collection and disclosure of consumers' personal health information. What similarities does this case have with concerns over HealthCare.gov's privacy practices?