In the latest "Proof of Concept," David Pollino, former CISO of PNC Bank, and Ari Redbord, head of legal and government affairs at TRM Labs, join ISMG editors to discuss ethical concerns for CISOs, cryptocurrency regulations, and potential foreign interference in the U.S. midterm elections.
The specter of Chinese data collection on U.S. citizens hung over Capitol Hill in a pair of hearings as lawmakers asked whether an open internet can survive challenges such as Beijing hacking and TikTok. An executive for the short-form video app made a rare appearance before a Senate committee.
Twitter security exec-turned-whistleblower Peiter Zatko today listed alleged security and privacy shortcomings of the social media company for a Senate panel. "It's not farfetched to say that an employee inside the company could take over the accounts of all of the senators in this room," he said.
In the latest "Proof of Concept," experts join ISMG editors to discuss concerns over Twitter's security leading up to the U.S. midterm elections, the move by the U.S. Department of Justice to file its most sensitive court documents on paper, and the recent sanctions against Tornado Cash.
House Energy and Commerce Committee Democrats sent a letter Wednesday to Mark Zuckerberg asking the social media chief executive about his company's privacy and security practices following reports that the company released users' data in a Nebraska case involving an allegedly illegal abortion.
Cybersecurity experts have been reacting to industry veteran Peiter Zatko's allegations of poor information security practices at Twitter, with many noting that he's hardly the first expert to have been hired to remedy serious problems, only to say they were prevented from doing their job.
Twitter's former security chief, Peiter Zatko, aka "Mudge," filed a whistleblowing complaint against the social media giant with the U.S. Securities and Exchange Commission, alleging that "extreme, egregious deficiencies" in its cybersecurity remain unresolved.
The Identity Theft Resource Center's new report shows a 1,044% increase in social media account hijacking. Banking fraud is also rising, with scammers focusing on using stolen personal data to open new banking and credit card accounts in victims' names, says COO James Lee.
Marketers rely on events to create brand awareness and generate demand, and physical events are coming back after the COVID-19 pandemic, says Gily Netzer of Perimeter 81. But "not everybody is traveling," she says, so hybrid events - and SaaS-driven corporate networks - are the future for companies.
Twitter confirms that a zero-day vulnerability allowed threat actors to gain access to the personal information of 5.4 million user account profiles. The company was notified about this specific vulnerability in Twitter's systems through its bug bounty program in January.
Another proposed federal class action lawsuit alleges Facebook uses its Pixel tracking tool to collect millions of individuals' sensitive health data from healthcare provider websites without patients' knowledge or consent. HIPAA prohibits the use of PHI for marketing purposes without consent.
The Twitter and YouTube accounts of the British Army were briefly taken over on Sunday evening by unidentified hackers who posted content related to cryptocurrency and NFTs. The situation has now been resolved, but the U.K. Ministry of Defense says the investigation is ongoing.
Ukraine says it has thwarted multiple Russian misinformation campaigns, including blocking attempts to penetrate the electronic systems of its TV channels on the eve of its Constitution Day holiday. It also flagged social media accounts spreading fake videos.
"Social media is probably the newest and most impactful thing that we've seen from a cybersecurity perspective at Maricopa County," says its CISO, Lester Godsey. The only response to misinformation and disinformation campaigns, he says, is to use the same platform and respond with the facts.
A $150 million penalty has been slapped on Twitter for deceptively using account security data of millions of users for targeted advertising, the U.S. Justice Department and the Federal Trade Commission say. Twitter says it has paid the fine and ensured that personal user data is secure and private.