British Airways has been threatened with a class-action lawsuit in U.K. court after warning that a hacker stole payment card data associated with 380,000 transactions. A law firm says that under GDPR, the airline should compensate victims for "inconvenience, distress and misuse of their private information."
Security technology innovations entering the market are getting attached as features to an infrastructure that is fundamentally broken and an enforcement model that cannot operate in real time, says Matthew Moynahan, CEO at Forcepoint.
U.S. prosecutors have accused a 34-year-old North Korean man of involvement in some of the most destructive and profitable cyberattacks ever seen, including the WannaCry ransomware outbreak, the Sony Pictures Entertainment breach and the theft of $81 million from Bangladesh Bank.
British Airways is warning customers that it suffered a hack attack that compromised up to 380,000 customers' payment cards as well as personal data over a 15-day period. The airline says it was alerted to the breach by a business partner that monitors its websites.
To transparently identify legitimate users in digital channels, organizations need strong digital identity risk assessment capabilities that examine each user's digital patterns and can more accurately detect potential bad actors, says IBM's Matt Konwiser.
All organizations should ensure that they are using the most appropriate tools, technologies, practices and procedures to safeguard their information against today's top threats, says Check Point's Avi Rembaum.
Intelligence adaptive authentication represents the latest advance in authentication and risk analysis - with a dose of machine learning - to help organizations authenticate users and battle fraud in real time, says OneSpan's Will LaSala.
Organizations should be on guard for attacks involving an apparent variant of Hermes ransomware - dubbed Ryuk - that attempts to encrypt network resources. It has already victimized several global organizations in the U.S. and elsewhere, according to a federal alert, which offers mitigation advice.
Increasingly, threat hunting is a practice that enterprises want to understand and implement. But it is not always feasible to do so in-house, given the demand for resources and skills. That's where managed threat hunting enters, says CrowdStrike's Jennifer Ayers.
The latest edition of the ISMG Security Report features Barbara Simons, co-author of the book "Broken Ballots," discussing why she believes it's a "national disgrace" that some states are relying on computer voting with no provision for recounts. Also: Update on breach lawsuit against Premera Blue Cross.
Canada, which has a head start on the adoption of digital payments, has learned some valuable security lessons that could be beneficial to the U.S., says Gord Jamieson of Visa. He'll be a featured speaker at ISMG's Fraud & Breach Prevention Summit: Toronto, to be held Sept. 11-12.
Officials from Facebook and Twitter appeared before a Senate committee Wednesday to defend their efforts to combat influence operations. Meanwhile, the Trump administration launched a broadside against social media, with President Trump accusing them of meddling in the 2018 midterm elections.
Unknown attackers are intercepting every piece of data handled by more than 7,500 routers made by MikroTik, while also using another 239,000 compromised routers to serve as proxies, researchers say. It's a continuation of a wave of attacks that exploit a vulnerability patched by MikroTik in April.
DevOps and the addition of the "Sec" or security element to it has led to significant progress in moving security up in the application development chain, says Gartner's Dale Gardner
Keeping endpoint security up to date is a struggle for small to mid-sized companies that have less resources than larger companies, yet have the same risk of attack. And that risk is only increasing. In 2017, the number of ransomware attacks increased by 30x and the number of breaches increased by 40%.
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