President Donald Trump, citing national security concerns, has signed two executive orders that will ban the Chinese-owned social media platforms TikTok and WeChat from the U.S. within 45 days. The orders appear designed to accelerate the sale of the two platforms to American firms.
Even before the pandemic set us on the road to a global recession, many banks were struggling to balance the polarising pressures of a changing world and keeping to business as usual.
Will the COVID-19 pandemic lead to a spike in the number of reported data breaches? Not necessarily, says cybersecurity expert Brian Honan. But he says that the rush to adopt cloud-based services and expanded remote services might change the types of breaches being reported.
Is Microsoft coming to TikTok's rescue? It appears that's a very strong possibility following President Donald Trump's threat Friday to ban the app in the U.S. Microsoft hasn't committed to buying part of TikTok, but says if it did, it would bring the popular app world-class security and privacy protections.
The latest edition of the ISMG Security Report analyzes the hacking of Dave, a mobile banking app. Plus: Sizing up the impact of GDPR after two years of enforcement and an assessment of IIoT vulnerabilities.
Now that it's been two years since enforcement of the European Union's General Data Protection Regulation began, three attorneys - Kelsey Finch, Jonathan Armstrong and David Dumont - reflect on the lessons learned so far and the compliance gaps that still need to be addressed.
Any nationally chartered bank can now serve as a custodian of the cryptographic keys for a cryptocurrency wallet, according to a letter from the Office of the Comptroller of the Currency. James Wester of IDC analyzes the implications.
The U.S. Department of Justice has charged two Chinese nationals with hacking into the systems of hundreds of organizations in the U.S. and abroad. The suspects' activities allegedly included probing for vulnerabilities in systems at companies developing COVID-19 vaccines, treatments and testing tech.
In today's digital-first world, businesses subject to KYC requirements must find a way to create onboarding and authentication processes that achieve compliance and inhibit fraud, without alienating good customers. Time and again, research shows that overly cumbersome and time consuming processes turn good customers...
A federal judge has ruled that Facebook's lawsuit against NSO Group - alleging that the Israeli company illegally developed a zero-day exploit to spy on WhatsApp users - can proceed.
Europe's highest court has invalidated the Privacy Shield, a data-sharing agreement between the EU and U.S., on the grounds that the U.S. offers insufficient protection for Europeans' privacy rights. Privacy advocates say the ruling should drive the U.S. to rethink its policies.
Britain's U-turn on Huawei, announcing that it will now ban the manufacturer's gear from its 5G networks, highlights this as yet unresolved problem: Years of underinvestment and policy failures have left Britain and its allies with no inexpensive, trusted alternative.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
The latest edition of the ISMG Security Report analyzes the surge in the use of employee monitoring tools for the increasingly remote workforce. Also featured: Discussions about IoT security guidelines and CCPA compliance requirements.
In this new era, every enterprise is suddenly "cloud first." But there are significant data security gaps to avoid before putting critical data in the cloud. Imperva's Terry Ray shares strategies to maximize simplicity and regulatory compliance.
In this Ebook on cloud security Ray discusses:
Biggest cloud security...
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