When leveraging AI and machine learning to drive banking innovations, it is essential to take a structured approach in implementing security-by-design for conducting proper risk assessment of the organizations and people involved, says Sameer Ratolikar, CISO, HDFC Bank
A security researcher found an unsecured database belonging to the Shanghai Jiao Tong University in China that contained 8.4 TB of email metadata. While it's not clear if anyone accessed the data, an attacker could have seen all email being sent or received by a specific person.
First American Mortgage Corp., the title insurance company that left hundreds of millions of personal documents exposed on the internet, is now facing a lawsuit and an inquiry by New York's financial regulator. The company is also offering free credit monitoring for anyone who used its title and settlement services...
Why are we surprised about the amount and sensitivity of data that mobile apps collect? The online industry has never been forthright about it. That's why we're faced with a yawning gap between user expectations and true privacy. And it's why Facebook, Google, Apple and others have many questions to answer.
German officials say the suspect behind the mega-leak of politicians' and celebrities' personal details exploited their weak passwords to access email, social media and cloud service accounts. What can the security industry do to help address the password problem?
Although some global payment organizations apparently have failed to meet the Bank of India's October 15 deadline for storing all Indians' payment data domestically, the nation's central bank reportedly has ruled out extending the deadline and is demanding a status report.
But before India enacts a domestic data storage mandate, all the cost implications must be carefully considered. Legislators must study whether the benefits justify the hefty costs involved.
In the age of GDPR, more organizations are looking to data classification - including more automated techniques for doing so - as a way to not only help them protect their crown jewels, but in the case of a breach quickly identify what went missing, says Digital Guardian's Tony Themelis.
A computer security researcher has discovered a vast marketing database containing 340 million records on U.S. consumers. The database is the latest in a long line of databases to have been left exposed to the internet without authentication, thus putting people's personal data at risk.
While some payment companies are strongly protesting the Reserve Bank of India's mandate that they store all data locally by October 15, portraying compliance as costly and impractical, others support the move as a way to ensure data is protected.
In a reversal, chipmaker AMD is now warning that its chips are susceptible to the speculative execution flaws in microprocessors known as Spectre, but not to the Meltdown. Separately, Intel has confirmed that its firmware updates have led to stability problems for older Broadwell and Haswell processors.
Following the alert over Meltdown and Spectre vulnerabilities, the U.K. Information Commissioner's Office is warning that failures to patch today could be punished with fines under GDPR once enforcement of the data protection law begins later this year.
Infosecurity Europe 2017 in London drew an estimated 18,000 attendees. Here are 13 visual highlights from the annual information security conference, ranging from tchotchkes and keynotes to 19th century architecture and live hacks of internet-connected devices.
IBM and Lenovo have issued a security alert, warning that they inadvertently shipped malware-infected USB flash drives to some customers who use their Storwize hardware. The malware, known as Reconyc, is designed to install additional attack code on infected endpoints.
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