Nearly four months after Capital One revealed a massive data breach, Michael Johnson, the bank's CISO, is being moved into an outside advisory role, and the company is scouting for a new security leader, according to the Wall Street Journal.
So far, Norweigan aluminum company Norsk Hydro has received just $3.6 million from its cyber insurer to cover expenses related to the LockerGoga ransomware attack it suffered in March that led to losses of $50 million to $71 million, the company revealed in its third quarter report.
UniCredit, an Italian banking and financial services company, sustained a data breach exposing information on 3 million customers that went undetected for four years, the company has acknowledged. Find out what data was exposed.
A trio of domain name registrars are mandating a password reset after a breach affecting about 22 million accounts occurred in late August. Web.com and two of its brands, Network Solutions and Register.com are contacting victims via email.
Two hackers have pleaded guilty in connection with an extortion campaign tied to the theft of data on about 57 million Uber customers and drivers. The incident led to a massive fine against the ride-sharing company for its tardy breach notification and weak security.
It's one thing to plan for a cybersecurity incident, but quite another to have proper insurance coverage to prepare for such an event. Mark Singer of Beazley shares an overview of the cyber insurance myths and realities.
Facebook is suing NSO Group, a spyware company, alleging it developed a potent exploit to spy on WhatsApp messages sent by diplomats, journalists, human rights activists and political dissidents. Facebook is seeking damages and an injunction forbidding NSO Group from accessing its infrastructure.
Zappos is close to settling a long-running class action lawsuit filed by consumers over a 2012 data breach. The online shoe and clothing retailer's proposed compensation would be a 10 percent discount on a future online purchase. A federal judge has granted preliminary approval to the deal.
Organizations are accepting that the network perimeter no longer serves as the "ultimate defense" and thus adapting zero-trust principles, including least privilege, based on the understanding that they may already have been compromised, says Darran Rolls of SailPoint.
Cybersecurity vendor Imperva's breach post-mortem should serve as a warning to all those using cloud services: One mistake can turn into a calamity. The company accidently left an AWS API key exposed to the internet; the key was then stolen and used to steal a sensitive customer database.
Personalized product retailer CafePress has been hit with a lawsuit alleging that it failed to notify 23 million customers about a data breach in a timely manner or follow security best practices. The company was allegedly still using outdated SHA-1 to hash passwords, which can be easily cracked.
The FBI is warning banks, businesses and other organizations that cybercriminals are using social engineering and other technical techniques to circumvent multifactor authentication security protections.