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.
It's déjà vu "FBI vs. Apple" all over again, as Reuters reports that the Justice Department is seeking to compel Facebook to build a backdoor into its Messenger app to help the FBI monitor an MS-13 suspect's voice communications.
Augusta University Health in Georgia says it just recently concluded that a phishing attack that occurred - and was detected - 10 months ago resulted in a breach potentially exposing information on 417,000 individuals. Security experts are questioning why the breach determination took so long.
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.
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.
A phishing attack on Wednesday fueled by the Necurs botnet targeted at least 2,700 banking institutions of various sizes in the U.S. and around the world, explains Aaron Higbee of Cofense, which detected the attack.
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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 Cobalt cybercrime group is targeting as many banks as possible, which poses risks particularly for smaller, less protected institutions, says Tim Bobak, APAC executive director for Group-IB.
Cybercrime investigators will face increasing difficulties if bad actors begin accepting more privacy-centric cryptocurrencies rather than bitcoin, says Andrei Barysevich of Recorded Future.
Deterring nation-states such as Russia and North Korea from executing cyberattacks will require sanctions and other pressure, says Fergus Hanson of the Australian Strategic Policy Institute.
Ransomware has been used against government agencies at the state and federal level throughout 2017. Attacks like WannaCry
which targeted government agencies in May 2017 show the serious implications of when they succeed.
Clearly ransomware is a direct risk for the public sector.
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In the wake of digital transformation and several large, high-profile data breaches - and at a time where all the personal information is shared in the social network - traditional forms of digital identity verification are no longer valid. Customers have zero patience for extra steps, and yet they expect their...
The FBI warns that cybercriminals are planning a large-scale operation aimed at emptying ATMs, a type of attack that has caused swift and costly losses for financial institutions. The attack may utilize data from a breach of an unknown card issuer, the FBI says.
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