Online sports retailer Sports Warehouse has agreed overhaul its security program and pay a $300,000 fine to New York State after hackers stole 20 years' worth of payment card data and customer information the company was storing in plaintext on its e-commerce server.
Cyber programs must go beyond the digital realm and address physical security challenges around buildings and data centers even though there isn't a tool to implement. Firms often adopt physical security measures such as a secure data center with cameras and locked doors only when it's required.
Cyber insurance applicants should provide detailed responses that clarify the nature of their business to avoid claim denials in the event of a security incident. Pasich LLP Senior Managing Associate Tae Andrews urged applicants to "interrogate the interrogator" to push back on vague questions.
In the annals of attempting to downplay the impact of a data breach, here's a new one: British outsourcing giant Capita says the hackers who hit it - steling data pertaining to customers, suppliers and employees - accessed "less than 0.1% of its server estate."
Pre-RSA social media gaming predicted it. Many predicted they would loath it. And it happened: Discussions at this year's RSA conference again and again came back to generative artificial intelligence - but with a twist. Even some of the skeptics professed their conversion to the temple of AI.
The Federal Reserve's FedNow Service will launch in July this year. Many banks, including community banks, will be able to leverage FedNow as an instant payment platform. How can these banks prepare for faster payments, and what security controls should they consider adding?
Healthcare entities need to think more strategically about managing risk by implementing a robust cybersecurity framework such as the National Institute of Standards and Technology's CSF, said Bob Bastani, cybersecurity adviser at the Department of Health and Human Services.
Supply chain risk has become more critical in the post-pandemic world, and that means you need to ask "much more focused, targeted questions" about your partners, according to Sawan Joshi, director of information security at Cervest, a climate intelligence startup.
A cyber risk quantification startup backed by ex-Cisco CEO John Chambers has raised $50 million to apply ML technology and build more API adapters. The money will allow Safe Security to capitalize on generative AI to help nontechnical leaders better understand their organizations' security postures.
New resources released Monday from a high-profile federal advisory group provide insights into the state of healthcare sector preparedness and best practices for dealing with evolving cyberthreats, according to Erik Decker, CISO of Intermountain Healthcare and co-chair of the task force.
Apple users: Don't fear newly discovered samples of LockBit ransomware designed to target newer macOS devices. Researchers say the still-in-development code, tied to no known in-the-wild attacks, contains numerous errors, leaving it unable to execute.
The cybercrime economy appears to remain alive and well: Compared to last year, researchers report seeing an increase in the number of known ransomware victims as well as initial access listings, which facilitate such attacks. The impact the takedowns of BreachForums and Genesis remains to be seen.
Warning to criminals: Could that cybercrime service you're about to access really be a sting by law enforcement agents who are waiting to identify and arrest you? That's the message from British law enforcement agents, who say they're running multiple DDoS-for-hire sites as criminal honeypots.
A slew of top tech executives and artificial intelligence researchers called for a minimum half-year pause on advanced artificial intelligence systems. Tech giants already have fallen into a race to see who can be the quickest to incorporate AI into their products.
The European Central Bank will conduct cyber stress tests to determine banks' resilience against cyberattacks. The tests, which will receive a "significant amount of time and resources," are set to be completed by mid-2024, said Andrea Enria, ECB's top official for oversight.