Australian police have charged a woman in the theft of AU$450,000 (US$318,000) worth of the virtual currency XRP, also known as Ripple, in one of the largest cryptocurrency thefts from a single victim. The case highlights how basic security messaging on protecting cryptocurrency isn't getting through.
This week's edition of the ISMG Security Report features an analysis of whether the U.K.'s fine of Facebook for the Cambridge Analytica scandal is just the beginning of regulatory enforcement action. Plus: A potential settlement of Yahoo breach lawsuit and tips on securing data in the cloud.
Hong Kong-based airline Cathay Pacific says the personal details of 9.4 million passengers were inappropriately accessed in March, a breach the company confirmed in early May but publicly revealed on Wednesday. That raises questions about whether the airline violated data breach disclosure regulations.
A proposed agreement that would settle a class action suit against Yahoo over devastating data breaches could see the company pay as much as $85 million. That adds to the $35 million fine levied by the SEC earlier this year, showing the high price to be paid for Yahoo's record data breaches.
Two years after Mirai botnets first appeared, security researchers say telnet-targeting botnets are attempting to compromise internet of things devices by pummeling them with 1,065 different username/password combinations. Some of these attacks are designed to install Linux DDoS malware.
Health insurer Anthem had earned HITRUST Common Security Framework certification before its mega-breach. Now that the insurer has agreed to a $16 million HIPAA settlement with federal regulators, who spelled out the company's security shortcomings, it's worth scrutinizing the value of adopting a framework.
Where is the secret spying chip devised by China that Bloomberg reported had worked its way into at least 30 companies, including Amazon and Apple? The report earlier this month alleging supply chain infiltration by China's People's Liberation Army triggered skepticism from the start - and it's growing.
A tale of two different ransomware victims' responses: One Connecticut city says it had little choice but to pay a ransom to restore crypto-locked systems. But a North Carolina water utility hit separately says that rather than bow to criminals' demands, it will rebuild affected systems and databases.
A Russian national has been charged with coordinating a four-year campaign to spread divisive themes aimed at disrupting the U.S. political system. "Project Lakhta" allegedly employed hundreds of individuals who created bogus accounts on such platforms as Facebook and Twitter to sow false narratives.
Cryptojackers and eavesdroppers are continuing to exploit a one-time zero-day flaw in unpatched MikroTik routers, despite a patch that's been available for six months as well as the actions of a vigilante "gray hat" hacker who's forcibly "fixed" 100,000 vulnerable routers.
Facebook is eyeing spammers as being the culprits behind its recently disclosed mega-breach, The Wall Street Journal reports. Preliminary findings from Facebook's internal investigation suggest that the attackers were not affiliated with a nation-state, but rather part of a known spam ring, the newspaper reports.
An analysis of attacks against cryptocurrency exchanges over nearly two years shows hackers have inflicted $882 million in damages, according to the Russian security firm Group-IB. The tally of losses is likely to grow next year, the company warns.
Federal regulators have smacked health insurer Anthem with a record $16 million HIPAA settlement in the wake of a cyberattack revealed in 2015, which impacted nearly 79 million individuals. What missteps does the settlement highlight?
A batch of U.S. voter registration records from 20 states has appeared for sale online in what appears to be an illegitimate offering. While it's far from the largest-ever seen leak of voter data, the incident again highlights the lax controls too often applied to voter records.
The U.K.'s National Cyber Security Center incident response teams have investigated more than 1,000 significant incidents in the past two years, the majority of which trace to nation-state attackers, officials say.