Richard Smith has exited the Equifax building. Following in the footsteps of the CIO and CSO, Richard Smith - Equifax's embattled CEO and board chairman - has "retired" following the company suffering a massive breach that has left millions of Americans at risk of identity theft.
The chairman of the Securities and Exchange Commission, Jay Clayton, promised the Senate banking committee Tuesday that his agency is pursuing numerous cybersecurity improvements in the wake of a May 2016 breach.
Researchers investigating the CCleaner malware outbreak have had a lucky break: The attackers' backup server shows that they pushed secondary malware onto systems at Intel, VMware, Fujitsu and Asus, among others, as part of what appears to be a very targeted attack campaign.
Experts speaking out on how boards of directors and CISOs must do a better job in strengthening board involvement on cybersecurity matters leads the latest edition of the ISMG Security Report. Also, "Catch Me if You Can" impostor Frank Abagnale on the Equifax hack.
Aetna will move from passwords to continuous behavioral authentication next year on its consumer mobile and web applications for better security and end-user experience says Jim Routh, the health insurer's CISO.
"Big four" accounting firm Deloitte suffered a breach last year that may have exposed 5 million internal emails as well as usernames and passwords, client information and health details, the Guardian reports.
Organizations that must comply with Europe's GDPR need to identify gaps in their ability to meet various requirements, including making prompt breach notifications and gaining consumers' consent to store their data, says Sunil Chand of Grant Thornton.
All the key players of a company's management group, including the CISO, need to be involved in the decision about whether to invest in cyber insurance, says Greg Markell of Ridge Canada Cyber Solutions, a cyber insurer.
Summit Credit Union of Wisconsin is seeking class-action status for a lawsuit against credit bureau Equifax. The credit union contends it will have to bear the fraud costs resulting from Equifax exposing a massive amount of U.S. consumer data in one of the worst data breaches ever seen.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
While India's cashless initiative is being spearheaded by the government, all development and design undertaken by all stakeholders needs a common testing process to plug the security and fraud gaps in the ecosystem, says DCB Bank's Prasanna Lohar.
An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.