The Monetary Authority of Singapore, the nation's central bank, has mandated that financial institutions comply with risk management guidelines within the next 12 months in an effort to strengthen the cyber resilience of these organizations.
Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
The U.S. Department of Defense has purchased IT gear known to have significant cybersecurity vulnerabilities, according to a new inspector general audit, which also highlights concerns about the use of equipment manufactured in China.
When leveraging AI and machine learning to drive banking innovations, it is essential to take a structured approach in implementing security-by-design for conducting proper risk assessment of the organizations and people involved, says Sameer Ratolikar, CISO, HDFC Bank
Misconfigured file storage technologies and a lack of basic security controls are the root causes for the inadvertent online exposure of 2.3 billion files worldwide that contain personal information, including sensitive medical data, says Harrison Van Riper, a security researcher at Digital Shadows.
Planning your security programs to incorporate the right digital context - the IT environment, the business processes and the risks - is essential for success, says Avinash Prasad, vice president and head of the managed services business at Tata Communications.
After recently issuing interim cybersecurity guidelines for private enterprises, Singapore has issued similar guidance for public sector agencies and departments in an effort to enhance data security in light of recent data breaches in the nation.
The Insurance Authority of Hong Kong has issued cybersecurity guidelines - including data breach reporting requirements - with a compliance deadline of January 2020. What else is now required?
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
Researchers at the security firm Tenable uncovered a vulnerability in a Siemens software platform used to manage industrial control systems, and Siemens has issued a patch. The same platform was exploited during the Stuxnet attack a decade ago.
A cybersecurity vulnerability discovered in open source software used by organizations conducting genomic analysis could potentially have enabled hackers to affect the accuracy of patient treatment decisions. But the vulnerability was patched before hackers took advantage of it, researchers believe.
An effective third-party risk management program starts with asking the right questions, says Brad Keller, chief strategy officer and senior vice president at the Santa Fe Group, a strategic advisory company, who spells out key issues to address.
Hackers have repeatedly stolen valuable data - including launch codes and flight trajectories for spacecraft - from NASA's Jet Propulsion Laboratory in recent years, according to a new inspector general audit, which describes weak security practices.
Third-party risk has emerged as one of 2019's top security challenges, and the topic was the focus of a recent roundtable dinner in Charlotte. RSA's Patrick Potter attended that dinner and shares insight on how security leaders are approaching this aspect of digital risk management.
License plate and traveler photos collected at the U.S. border have been compromised after a federal government subcontractor was hacked. While Customs and Border Protection officials claim the image data hasn't been seen online, security experts say it's already available for download via a darknet site.
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