The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
A U.S. power company, unnamed by regulators, has been fined a record $2.7 million for violating energy sector cybersecurity regulations after sensitive data - including cryptographic information for usernames and passwords - was exposed online for 70 days.
President Donald Trump has blocked a bid by Singapore's Broadcom to acquire U.S. chipmaker Qualcomm on the grounds that it could impact national security, including the United States' ability to help shape future mobile telephony standards.
To the surprise of many, $120 million allocated by Congress since late 2016 to help the State Department combat foreign governments' U.S.-focused propaganda and disinformation campaigns hasn't been spent. Meanwhile, midterm U.S. elections are fast approaching.
Whoever unleashed malware built to disrupt last month's Winter Olympics in Pyeongchang, South Korea, designed it to look like it had been executed by a group of hackers tied to North Korea. But researchers at the security firm Kaspersky Lab say any such attribution would be false.
Kaspersky Lab says it has uncovered an elegantly written piece of malware that leverages a Latvian-designed router to launch stealthy attacks. The security firm hints that the malicious code could only have come from a well-resourced attacker, but it stops short of naming one.
A zero-day flaw in Adobe Flash, recently patched, has been targeted by a group of attackers that may have ties to North Korea as part of an apparent attempt to hack into Turkish banks, security firm McAfee warns. It notes that there are signs that financial institutions in other countries are also being targeted.
As more data moves to the cloud, and cyberattacks multiply, organizations need to adopt an alternate paradigm of security, says Nikhil V. Bagalkotkar, a virtualization specialist at Citrix, who describes a new approach.
The attorney general of Pennsylvania has filed a lawsuit against Uber for allegedly violating the state's mandatory breach notification law. It's the latest in a long string of legal and regulatory repercussions Uber is facing after waiting more than a year to disclose a serious breach.
Equifax has identified 2.4 million U.S. consumers whose names and snippets of their driver's license numbers were stolen, adding to one of the worst breaches in history, which resulted in personal data for most U.S. adults being exposed.
Leading the latest edition of the ISMG Security Report: President Trump has not authorized the National Security Agency to go after Russian election hackers at the source. Also, 23,000 digital certificates get revoked after their private keys get leaked, and an analysis of deception technologies.
Digital certificate vendor Trustico is sparring with DigiCert, which recently took over Symantec's digital certificate business, over a serious security incident. The private keys for at least 23,000 Trustico digital certificates have been compromised, prompting a scramble to protect affected websites.
Cybersecurity company mergers and acquisitions continue. Among the major deals: The sale of PhishMe to a privacy equity syndicate and Splunk's purchase of Phantom. But these are just the latest in a series of moves so far this year as consolidation continues.
Despite the millions of dollars companies invest in cybersecurity programs, advanced persistent attackers constantly devise new means of breaking into corporate environments. How can deception technology offer a new alternative? Ofer Israeli of Illusive Networks explains.