Automotive smartphone apps that can be used to unlock or start a car pose new risks that must be managed, says Asaf Ashkenazi of Inside Secure, a mobile security firm, who provides risk mitigation insights.
Symantec has announced not one but two acquisitions of private cybersecurity firms: Javelin Networks and Appthority. Meanwhile, a private equity firm announced that it will acquire application security testing firm Veracode from Broadcom for $950 million in cash.
Seeking better operational efficiency and ROI, many enterprises have begun significant software automation and orchestration efforts without accounting for the inherent security risks they may bring, says Jeffery Kok of CyberArk.
Credit bureau Equifax has been hit with the maximum possible fine under U.K. law for "multiple failures" that contributed to its massive 2017 data breach, including its failure to act on a critical vulnerability alert issued by the U.S. Department of Homeland Security.
Open source and third-party components help developers build and deploy applications faster. But with increased speed comes greater risks, says Chris Eng of CA Veracode, who offers insights on mitigating those risks.
The recent case in which Singapore's OCBC bank suffered a few hours of outage because of an apparent lack of proper monitoring could lead to bigger security issues unless the management and security team of the bank take appropriate steps.
The new India Post Payments Bank will take banking to the doorstep by using India's mammoth network of post offices. Postmen will perform digital transactions on their phones. That's raising concern among security leaders, who recommend adopting defense-in-depth security.
Nearly one-third of U.S. banking consumers use online and mobile fintech apps to help manage their money. But those users are concerned about data privacy and want more control over the financial data their apps can access, says David Fortney of The Clearing House, who reviews the results of a survey.
Apache has released an emergency fix for its Struts web application framework to patch a flaw that attackers can exploit to take full control of the application. Some incident response experts, based on the severity of breaches they've investigated, recommend dropping Struts altogether.