Prosecutors recommended that twin brothers Muneeb and Sohaib Akhter serve a six-year and a two-year sentence, respectively, after pleading guilty to hacking-related charges. But one of the men received a much lighter sentence.
The Court of Justice of the European Union has ruled that the EU-U.S. Safe Harbor data sharing agreement is invalid because the United States has failed to safeguard Europeans' privacy rights. Legal experts say the judgment is a direct response to Edward Snowden's revelations.
BitSight Technologies is out with its annual Industry Benchmark Report, and cybersecurity ratings are low for the energy and utilities industry. BitSight's Mike Woodward shares insights for all sectors.
The DHS's inspector general is reopening an investigation into allegations that dozens of Secret Service agents improperly accessed Rep. Jason Chaffetz' unsuccessful application to be a Secret Service agent that he filed before he was elected to Congress. Chaffetz is running to be House speaker.
As a result of Experian's data breach, 15 million T-Mobile subscribers are at risk from phishing attacks and fraud. But it's not clear what more T-Mobile can do to protect breach victims, says security specialist Mark James.
In the wake of the Oct. 1 EMV fraud liability shift date, U.S. merchants can expect to pay for counterfeit fraud losses previously absorbed by European issuers, says Jeremy King of the PCI Council. Longer-term, he expects European banks will experience more fraud as U.S. POS and card security leapfrogs other markets.
Recent breaches indicate that stronger controls are needed to protect key corporate assets - especially identities. CA's Steve Firestone discusses how to protect identities, while at the same time improving the user experience.
Discount brokerage firm Scottrade says hackers accessed its computer network and stole names and street addresses of millions of its clients. The firm says it learned of the intrusion from law enforcement officials.
Credit-rating provider Experian says a hack attack compromised a server storing sensitive personal information on millions of T-Mobile customers, including those requiring credit checks for service or device financing.
A Russian cybercriminal who used the Citadel banking Trojan to infect at least 7,000 PCs has received a 4.5 year jail sentence. Authorities tracked him in part thanks to his posts to a Citadel user group.
Reports that a Linux-based botnet has been lobbing 160 Gbps packet storms highlight how DDoS attacks remain alive and well. Experts also warn that DDoS attackers are mixing Windows and Linux malware and running extortion scams.
What impact will the Oct. 1 fraud liability shift date have on EMV chip adoption? It's far too soon to tell. For now, though, it's clear that many merchants still lack the necessary POS equipment, and many consumers still lack chip cards - which means mag-stripe transactions remain commonplace.
Even if China fails to live up to its promise to stop pilfering corporate trade secrets, as America's spy chief predicts, the U.S. could still benefit diplomatically from the two nations' cybersecurity agreement.
Three years after a wave of DDoS attacks hit banks, two years after the Target breach and one year after the massive JPMorgan Chase breach, Standard & Poor's for the first time has warned that it may downgrade the credit ratings of banks that have poor cybersecurity.
In addition to having a dedicated individual or team responsible for privacy matters, organizations must ensure their information security and IT staffs are knowledgeable about data privacy issues, says Trevor Hughes, CEO of the International Association of Privacy Professionals.
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