Italy's data protection regulator has slapped a $1 million fine on Facebook for mismanaging user data and precipitating the Cambridge Analytica debacle. But that pales by comparison to the the fine that's reportedly still being weighed by the U.S. Federal Trade Commission.
A former Equifax CIO who sold his stock in the company after learning about its 2017 data breach several months before the public and government agencies were informed has been sentenced to four months in prison for insider trading. Another former Equifax executive was sentenced on similar charges last year.
The firmware of more than 500 Huawei networking products is riddled with security weaknesses that make the vendor risky to use for 5G networks, a new report contends. The study analyzed more than 9,000 firmware images in 558 enterprise products from the Chinese company.
In a rare move, the Food and Drug Administration has warned patients that medical device maker Medtronic has issued a voluntary recall of certain wireless insulin pumps due to cybersecurity vulnerabilities that cannot be adequately patched.
Bipartisan healthcare legislation that a Senate health committee passed on Wednesday includes a provision that would incentivize healthcare entities to adopt "strong cybersecurity practices" by encouraging federal regulators to consider organizations' security efforts when making HIPAA enforcement decisions.
The cyberattack earlier this year against Indian outsourcer Wipro, as well as several of its customers, is part of a much larger, multiyear phishing campaign that involves many more companies used as jumping off points, according to RiskIQ, which says the attackers apparently are manipulating gift cards.
Six major cloud services providers apparently were victims of Cloud Hopper, an umbrella name for deep cyber intrusions suspected to originate in China, Reuters reports. The report also alleges Cloud Hopper-affected companies withheld information from their clients for reasons of liability and bad publicity.
A second small city in Florida is paying off cybercriminals to recover from a ransomware attack that crippled the municipality's local network. How much did Lake City agree to pay, and how much of that was covered by insurance?
Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
U.S. Sen. Ron Wyden, D-Ore., is urging the National Institute of Standards and Technology to create new standards and guidelines for individuals and organizations to securely share sensitive documents online. He contends current security measures are inadequate.
Attackers - likely operating from China - have been surreptitiously hacking into global telecommunications providers' networks to quietly steal metadata and track subscribers - and those with whom they communicate - as part of an ongoing cyber espionage operation, warns security firm Cybereason.