Australia's Commonwealth Bank has confirmed that two magnetic tapes containing transaction information for 19.8 million accounts went missing two years ago after mishandling by a subcontractor. A forensic investigation concluded the tapes were likely destroyed, and no fraudulent activity has been detected.
Jan Koum, WhatsApp's co-founder, is leaving Facebook. His departure marks another exit of a high-level privacy and security advocate. If Facebook continues to lose those who could better influence the social networking site's worrying views toward user data, what does that mean for the rest of us?
Mexico's central bank says attackers attempted to hack its interbank electronic transfer system, but says no client money was lost. It's activated "contingency measures" at the targeted banks and says payment transfers could slow as a result.
The likelihood of encountering a sophisticated cyberattack is much higher than ever before - especially with the leak of government-grade hack tools in the public domain, says Dan Larson of CrowdStrike, who discusses the latest threat research.
Too many organizations believe in the fallacy that firewalls are keeping the bad guys out, when in reality, bad actors likely are already within their environments, says Bill Mann at Centrify, who calls for a "zero trust" approach.
Yahoo, now known as Altaba, has agreed to a $35 million civil fine with the U.S. Securities and Exchange Commission to settle accusations that the search giant failed to promptly notify investors about a December 2014 data breach.
Large healthcare companies in the U.S., Europe and Asia are getting hit with a backdoor that comes from a long-observed group, which Symantec calls Orangeworm. The backdoor has been found on X-ray machines and MRIs.
The city of Atlanta's ransomware outbreak cleanup and response tab has hit $2.6 million after a March attack froze corporate servers, employees' PCs and resident-facing portals. Some security experts say the breach response funds would have been put to better use preventing the outbreak in the first place.
Corporate espionage appears to be the motive behind cyberattacks targeting a variety of medical-related equipment and systems, researcher Jon DiMaggio of Symantec says in an in-depth interview about the activities of a hacker group the company has dubbed "Orangeworm."
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.
Organizations too often prioritize data breach prevention at the expense of data breach response - or vice versa, depending on current fashion - when an emphasis on both remains mandatory, warns Art Coviello, the retired chairman of RSA.