Facebook is eyeing spammers as being the culprits behind its recently disclosed mega-breach, The Wall Street Journal reports. Preliminary findings from Facebook's internal investigation suggest that the attackers were not affiliated with a nation-state, but rather part of a known spam ring, the newspaper reports.
An analysis of attacks against cryptocurrency exchanges over nearly two years shows hackers have inflicted $882 million in damages, according to the Russian security firm Group-IB. The tally of losses is likely to grow next year, the company warns.
Organizations can effectively rely on managed security services providers to take care of many tasks, but certain strategic security functions must be handled in-house, says Sid Deshpande, research director at Gartner.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Federal regulators have smacked health insurer Anthem with a record $16 million HIPAA settlement in the wake of a cyberattack revealed in 2015, which impacted nearly 79 million individuals. What missteps does the settlement highlight?
A batch of U.S. voter registration records from 20 states has appeared for sale online in what appears to be an illegitimate offering. While it's far from the largest-ever seen leak of voter data, the incident again highlights the lax controls too often applied to voter records.
The U.K.'s National Cyber Security Center incident response teams have investigated more than 1,000 significant incidents in the past two years, the majority of which trace to nation-state attackers, officials say.
The Pentagon is warning that a data breach at a third-party travel management service provider exposed records for an estimated 30,000 civilian and military personnel. The breach alert follows a recent GAO report warning of serious cybersecurity shortcomings in U.S. weapon systems.
The disagreements continue over Australia's efforts to pass legislation that would help law enforcement counter encryption. Technology companies and civil liberties organizations contend the latest draft of legislation would allow for too much secrecy and imperil privacy and security.
CISOs and other security practitioners are embracing the idea of a business-driven security model that takes a risk-oriented approach, says Rohit Ghai, president of RSA. "Cybersecurity conversations are becoming business conversations rather than technology conversations."
Building on the success of the NIST Cybersecurity Framework, the National Institute of Standards and Technology is in the early stages of developing a privacy framework. The effort will kick off with a workshop Tuesday in Austin, Texas, explains Naomi Lefkovitz, who is leading the project.
The FDA has announced a "voluntary recall" by Medtronic of certain internet-connected programmers for implantable cardiac devices due to cybersecurity vulnerabilities. Some security experts are hopeful that this will serve as a wake-up call for more manufacturers to take action on addressing cybersecurity issues.
Cryptojacking - the hidden mining of virtual currencies - continues to be a focus for online attackers. As the detection of cryptocurrency mining malware continues to rise, Europol warns that cryptojacking will remain "a regular, low-risk revenue stream for cybercriminals."
Millions of internet-of-things devices made by the Chinese company Xiongmai and sold in stores such as Home Depot and Wal-Mart still have glaring security problems, a security consultancy warns. The findings come two years after the Mirai botnet targeted Xiongmai devices.