What trait does a global cyberattack and a hurricane share? Both could cost insurers - and victims - dearly. In a new report, Lloyd's of London estimates that a major cloud services attack could trigger $53 billion in losses and cleanup costs.
Demands by politicians that people must be willing to surrender their privacy rights to help security services battle cybercrime are shorthand for governments having significantly underinvested in the required resources, says information security expert Brian Honan.
Ashley Madison wants to put that sordid data breach affair behind it. Parent company Ruby Life has reached an $11.2 million settlement agreement with the plaintiffs behind two dozen U.S. class-action lawsuits - since consolidated - lodged in the wake of its massive 2015 breach.
Federal authorities have charged 412 individuals allegedly responsible for $1.3 billion in billing fraud in a takedown that officials are calling the largest healthcare fraud enforcement action to date.
London-based health insurer Bupa Global is warning international policyholders that a breach affecting 547,000 customers - with data showing up on darknet marketplace AlphaBay for sale - traces to a now-former employee.
The world's largest darknet marketplace, AlphaBay, is offline following raids as part of a joint U.S., Canadian and Thai investigation. One of the site's alleged founders was found dead Wednesday in a Bangkok jail cell.
As the global threat landscape shifts, so does Kaspersky Lab. Moving from its traditional cybersecurity focus, Kaspersky now is honing in on fraud prevention. Emma Mohan-Satta describes this shift and what it means for security and anti-fraud leaders.
Verizon has apologized to customers after a contractor failed to secure an Amazon Web Services S3 bucket, leading to the exposure of data relating to 6 million accounts. But it's unclear if Verizon plans to notify customers whose data and accounts might be at risk.
The Trump administration has moved to restrict the U.S. government's ability to use products built by Moscow-based anti-virus firm Kaspersky Lab, which claims it's been caught up in a "political game" being played out between Washington and Moscow.
Two years after a massive breach that exposed the personal information of some 21.5 million individuals, the U.S. Office of Personnel Management continues to labor in its attempt to guarantee the security of its information systems.
The recent WannaCry ransomware campaign has led to more healthcare organizations paying closer attention to cybersecurity and the latest threats, says Lee Kim of the Healthcare Information and Management Systems Society.
Trump Hotels is warning customers that payment card data at 14 of its properties was compromised during a seven-month breach that affected service-provider Sabre. Other affected chains include Hard Rock Hotel & Casino and Loews Hotels.