At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
The latest edition of the ISMG Security Report analyzes the significance of fines against British Airways and Marriott for violations of the EU's GDPR. Also featured are discussions of California's privacy law as a model for other states and the next generation of deception technologies.
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
Security researchers have found yet another unsecured database that left personal data exposed to the internet. In this latest case, a MongoDB database containing about 188 million records, mostly culled from websites and search engines, was exposed, researchers say.
The data protection gloves have finally come off in Europe after GDPR enforcement began last May - the U.K.'s privacy watchdog has proposed large post-breach sanctions against British Airways and Marriott. Consider the tables now turned on firms that fail to properly safeguard personal data.
Britain's privacy watchdog says it plans to fine hotel giant Marriott $125 million under GDPR for security failures tied to a 2014 breach of the guest reservation database for Starwood, which Marriott acquired in 2016. Undiscovered until 2018, the breach exposed 339 million customer records.
Britain's privacy watchdog has proposed a record-breaking $230 million fine against British Airways for violating the EU's General Data Protection Regulation due to "poor security arrangements" that attackers exploited to steal 500,000 individuals' payment card data and other personal details.
In today's digital environment, protecting sensitive information and sales transaction data is of critical importance. Tim Horton of First Data explains the concept of "devaluing" data so it's worthless in the event of a breach.
The traditional IAM strategy has been to tie individual users with a unique device. But that doesn't work in healthcare settings, where doctors and nurses often share multiple devices. Jigar Kadakia of Partners HealthCare talks about how he approaches this critical challenge.
Encouraged by the moves of medical device manufacturers, Jennings Aske, CISO of NY Presbyterian Hospital, says the "state of the union" of medical device security has improved dramatically. But what more is needed to mitigate risks?
Several unsecured Amazon S3 buckets belonging to IT services firm Attunity left at least 1 TB of data, including files from companies such as Netflix, TD Bank and Ford, exposed to the internet, UpGuard researchers disclosed. Although the databases have been secured, an investigation is continuing.
Italy's data protection regulator has slapped a $1 million fine on Facebook for mismanaging user data and precipitating the Cambridge Analytica debacle. But that pales by comparison to the the fine that's reportedly still being weighed by the U.S. Federal Trade Commission.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.