The social network LinkedIn has agreed to settle a consolidated class action lawsuit stemming from a June 2012 data breach that compromised 6.5 million hashed passwords. Find out the financial details of the settlement.
A Tennessee utility has sued its bank after a $327,000 account takeover incident. This new case shows why institutions must go above and beyond when it comes to detecting and thwarting fraud losses.
European officials plan to continue pushing for stronger EU privacy rules in the wake of a controversial U.S. court ruling that authorizes the U.S. Justice Department to seize data stored outside the country.
Because of California's immense size --12 percent of U.S. residents live in the state -- the practical impact of its kill-switch bill could be the sale of smart phones with deactivation capabilities across the nation.
A new Bitcoin advisory issued by the Consumer Financial Protection Bureau should prompt financial institutions to talk with their banking customers about the risks associated with virtual currencies.
No question, the information security community - and all of us at ISMG -- lost a friend with the untimely death of Terry Austin, CEO and President of Guardian Analytics.
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
A U.S. federal court judge has upheld a warrant requiring Microsoft to give the Justice Department copies of e-mails being stored at a data center in Dublin. But Microsoft plans to appeal the ruling on privacy grounds.
The 9/11 Commission, in its 10th anniversary report, cautions Americans and the U.S. government to treat cyberthreats more seriously than they did terrorist threats in the days and weeks before Sept. 11, 2001.
A controversial U.K. "emergency" surveillance bill has become law, just seven days after being introduced to Parliament. But a privacy rights group has already promised to challenge the new law in court.
The Obama administration urges Congress to update U.S. anti-hacking laws to crack down on fraudsters operating abroad, disrupt spam and DDoS botnets, and arrest "botnet for hire" service providers.
A controversial U.K. data-retention bill has been passed by the House of Commons after just one day of debate. But a House of Lords committee sees problems with the proposed fast-track legislation.
Choice Escrow is seeking a bench review of a recent appellate court ruling, which favored its former bank in an ACH fraud dispute. The firm argues the court set a bad precedent for future disputes by limiting Uniform Commercial Code protections.
The National Institute of Standards and Technology should use the cryptographic community to help vet the advice it gets from the National Security Agency when creating cryptography guidance, a panel of prominent experts recommends.
Three Chinese nationals seeking to make "big bucks" broke into the computers of Boeing and other military contractors, stealing secrets on transport aircraft, a U.S. criminal complaint says. Read how they allegedly did it.
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