Two of Canada's biggest banks are investigating claims by "fraudsters" that they accessed their customers' data. At risk: 50,000 Bank of Montreal customers and 40,000 Simplii Financial customers. Both banks say they've alerted potentially affected customers and plan to cover any losses.
With the European Union's General Data Protection Regulation now in full effect, cybersecurity startups in India are facing their own set of challenges. While many have complied with the regulations as much as possible, some have put on hold plans to expand into the European market.
A mental healthcare practice's decision to pay a ransom to have sensitive patient data unlocked illustrates the difficult choices that organizations can face when attempting to recover from a ransomware attack.
What happens if organizations that must comply with GDPR have yet to achieve compliance, despite having had two years to do so before enforcement began? Don't panic, says cybersecurity expert Brian Honan, but do be pursuing a data privacy transparency and accountability action plan.
Compliance with the EU's General Data Protection Regulation, which is now being enforced, will be tougher for large organizations in the payments sector because they have huge volumes of data, says Swati Sharma, a security specialist at British Telecom.
The EU's General Data Protection Regulation has gone into full effect as of May 25, 2018. After a two-year grace period following the passage of the legislation, member states' data privacy watchdogs are now enforcing the strong privacy rules, which offer worldwide protection for Europeans.
Leading the latest edition of the ISMG Security Report: Reports on the impact enforcement of the EU's General Data Protection Regulation, which began Friday, will have on the healthcare and banking sectors. Plus an assessment of GDPR compliance issues in Australia, which offer lessons to others worldwide.
Security leaders have been addressing the global skills gap for better than a decade now, with little to show for it. But Joe Cosmano of iboss recommends a new approach, leveraging software-as-a-service to make up for the staffing shortfall.
To judge by the flood of GDPR-themed email hitting inboxes, Europe's privacy law has been designed to ensure that you say "yes" to companies that monetize the buying and selling of your personal details, regardless of whether you remember ever having done business with them before.
The defacing of the website of Jamia Millia Islamia, a public central university in Delhi, is the latest example of how academic websites in India are vulnerable to hackers. But the hacking incidents had a humorous twist that generated many comments on twitter.
The American Civil Liberties Union has launched a broadside against Amazon, warning that Amazon Rekognition - mixing big data, machine learning and facial recognition - could be abused by authoritarian regimes. Amazon has countered by saying that all users must "comply with the law."
European Parliamentarians finally had their opportunity on Tuesday to ask Facebook CEO Mark Zuckerberg questions about its data handling and privacy practices. But the session, which lasted roughly 90 minutes, turned into a somewhat frustrating flop.
Researchers have discovered two new Spectre/Meltdown variants: variant 3a, a rogue system register read, and variant 4, a speculative store bypass. Some AMD, ARM, Intel and IBM Power chips have the flaws, which attackers could exploit to steal sensitive data. Some fixes have already been shipped.
With enforcement of the EU's GDPR set to begin on May 25, Australian organizations vary in readiness. Steve Ingram of PwC says it's not too late for companies to prepare for GDPR, but it will be too late to ask regulators for forgiveness if something goes wrong.
Patching a content management system has never been a straightforward affair, and the carnage from back-to-back critical vulnerabilities in the Drupal CMS continues to play out. Unpatched, hacked Drupal sites are delivering virtual currency miners, and in some cases malware.