A federal judge in California has given final approval to a $115 million settlement involving health insurer Anthem over its 2015 data breach. The settlement is the largest ever reached in a data-breach related class action suit, but most victims will see no money.
Police in India have launched a formal investigation of a malware attack on a Cosmos Bank ATM server that enabled attackers to siphon off US$13.4 million. Security experts say the incident raises many questions.
An Australian teenager was such a fan of Apple that he hacked into the technology giant's mainframe, according to media reports. The teen has pleaded guilty to stealing 90 GB of sensitive information. But Apple says no customers' personally identifiable information was exposed.
U.S. President Donald Trump signed a presidential order on Wednesday that revokes a set of Obama-era guidelines for offensive cyber operations, The Wall Street Journal reports. The policy change may satisfy critics who contend the U.S. should be able to move faster, but it raises risks of escalating cyber conflict.
The best way to take a holistic approach to the current threat landscape is to define security issues as business problems and then put the problem before the solution - not the other way around, contends RSA CTO Zulfikar Ramzan.
Malware detection needs to shift to detecting anomalous behavior, rather than depending on signature-based detection technologies to deal with such threats as sandbox-evading malware, says Verizon's Ashish Thapar.
While IT and OT integration has brought about new levels of operational efficiency, it has also introduced serious cyber risks that conventional IT security approaches might fail to address, says IBM Security's Paul Garvey.
Threat analytics involves understanding where threats to key data assets exist and planning your mitigation strategy around that, says Skybox's Gerry Sillars.
A cryptocurrency investor is suing AT&T for $240 million, alleging he lost $24 million in virtual currency after the carrier failed to stop two separate attacks where his phone number was commandeered by attackers. The incident highlights the dangers of using a phone number as an authentication channel.
The STIX and TAXII standards for threat intel interchange have undergone a major upgrade to v2.0. LookingGlass CTO Allan Thomson, who's been closely involved in its development, describes the role of these enhanced standards.
Because of the lack of specialists with the skills needed to run security operations in the cloud, intelligent automation is essential, says Microsoft's Diana Kelley.
Disruption to operational technology can cause business downtime as well as serious public safety issues, so a nuanced approach to cybersecurity is essential, says Obbe Knoop of Nozomi Networks.
A number of innovative applications of blockchain technology for security are emerging, but Laurence Pitt of Juniper Networks warns that not all data is suitable for storage in a blockchain.
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