Once again, a supposedly secure service allegedly marketed to criminals has proven to have limits. Dutch police have busted a "cryptophone" operation, allowing them to decrypt more than 258,000 encrypted chat messages, leading to a drug lab bust, 14 arrests and the seizure of cash, drugs and weapons.
The U.K.'s data protection regulator has fined Bupa Insurance Services £175,000 ($228,000) for failing to stop an employee from stealing 547,000 customer records, which were later offered for sale on the dark web. The ICO found that the health insurer's CRM system lacked adequate security controls.
Education plays a critical role in any program designed to combat insider threats, says Christopher Greany, head of group investigations at Barclays. He'll discuss how to start an insider threat program in a presentation at Information Security Media Group's Security Summit: London, to be held Oct. 23.
Massive, well-resourced companies are still using live customer data - including their plaintext passwords - in testing environments, violating not just good development practices but also privacy laws. That's yet another security failure takeaway from last year's massive Equifax breach.
The EU's General Data Protection Regulation, which has tough breach notification requirements, is spurring global interest in technologies to help prevent insider breaches, says Tony Pepper of Egress Software Technologies.
Forty-eight percent of customers drop the products and services of organizations that have had a publicly-disclosed data breach. This is but one of the findings of the new 2018 Global State of Online Digital Trust study commissioned by CA Technologies. CA's David Duncan analyzes the results.
Randy Trzeciak, director of the CERT Insider Threat Center at CMU, says he's frequently asked: "Haven't we solved the insider threat problem?" Far from it, he responds. In fact, he's helping many organizations start insider threat defense programs. He'll be a speaker at ISMG's New York Security Summit.
An Equifax software engineer has settled an insider trading charge with the U.S. Securities and Exchange Commission after he allegedly earned $77,000 after he made a securities transaction based on his suspicion that the credit bureau had suffered a data breach.
Behavioral analytics have taken the fast lane from emerging tech to mature practice. And Mark McGovern of CA Technologies says the technology is being deployed in innovative ways to help detect insider threats.
Electric car manufacturer Tesla has sued a former employee for sabotage, alleging that he "unlawfully hacked the company's confidential and trade secret information" and gave it to third parties while leaving a trail designed to implicate other employees. The ex-employee, however, claims he's a whistleblower.
If you're paying attention, you've probably already seen a handful of GDPR-related headlines just today, let alone in the last week or month. But there are two good reasons for the deluge of GDPR discussion right now: It's incredibly important and the time to act is now.
A former CIA software engineer who is facing child pornography charges is a possible suspect in the largest-ever leak of classified information from the spy agency. While Joshua A. Schulte has not been charged with the leak, prosecutors have indicated they will soon indict him.
Insider threats aren't going away, but the introduction of machine learning and AI are proving to be powerful tools in the fight, says Randy Trzeciak of Carnegie Mellon University's CERT.
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.
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