British police have arrested a third suspect in connection with the hack attack against telecommunications provider TalkTalk. Separately, Vodafone UK also issued an alert of a breach, which it traced to reused passwords.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
The inaugural ISMG Data Breach Summit Asia on Oct. 28 covered a range of breach-related subjects, ranging from intrusion detection and cyber-insurance to scarce security budgets and battling cybercrime. One expert described the threat posed by geopolitical conflicts moving to the online sphere.
British police have arrested a 15-year-old boy in connection with the suspected hack of TalkTalk. Security experts say that if a teenager was responsible, it's going to be difficult for the communications firm to prove that it takes customers' data security seriously.
Cyberattacks are challenging our current methods of defense, says Lance James, a global cyber intelligence adviser at the consultancy Unit 221b. In a video interview, he discusses the changes in tools and skills that must be made to fend off fast-moving adversaries.
(ISC)Â² 's recent global workforce study finds the number of Infosec women as a percent in GRC roles has doubled. Female security practitioners endorse the view, saying women, by nature, are better risk managers.
A third data breach affecting TalkTalk has prompted sharp questions from U.K. public officials about whether stronger breach notification laws and breach-related penalties might help prevent more such incidents from occurring.
The recent data breach at U.K.-based telecom company TalkTalk illustrates that breach risk mitigation is a critical issue worldwide. PCI's Jeremy King, who will be a featured speaker at ISMG's Fraud Summit London on Oct. 27, explains why European data security is getting more scrutiny.
HP has agreed to sell its intrusion detection and prevention software unit TippingPoint to security vendor Trend Micro for $300 million. But analysts say Trend Micro faces stiff breach detection and incident response competition.
Someone green-light this drama: Sony, after suffering a massive data breach that led to the leak of personal information and embarrassing corporate emails, has agreed to a data-breach settlement worth up to $8 million.
Kerala Police plans to establish CyberDome, a high-tech public-private partnership center for cybersecurity and innovation to fight online crime. Critics raise concerns on its modus operandi and also recommend the agenda.
Dow Jones has dismissed a competitor's report, which claims that attackers operating from Russia hacked into the company's servers and stole sensitive financial information for insider-trading purposes.