Buoyed by massive illicit profits, cybercriminals have continued to refine their ransomware attacks, including updating their crypto techniques to foil decryption tools, encrypting file names and threatening to leak stolen secrets.
As more banks and government agencies stop providing free BlackBerries to employees, the beleaguered smartphone manufacturer is attempting to reboot with the launch of its first Android smartphone, dubbed Priv for privacy.
British police have arrested a third suspect in connection with the hack attack against telecommunications provider TalkTalk. Separately, Vodafone UK also issued an alert of a breach, which it traced to reused passwords.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Someone green-light this drama: Sony, after suffering a massive data breach that led to the leak of personal information and embarrassing corporate emails, has agreed to a data-breach settlement worth up to $8 million.
Security on the endpoint took a long time to move away from mere patching, hardening and anti-virus technologies. To fight advanced threats, experts say visibility on endpoints is being transformed by the advent of endpoint detection and response tools.
Prosecutors recommended that twin brothers Muneeb and Sohaib Akhter serve a six-year and a two-year sentence, respectively, after pleading guilty to hacking-related charges. But one of the men received a much lighter sentence.
As a result of Experian's data breach, 15 million T-Mobile subscribers are at risk from phishing attacks and fraud. But it's not clear what more T-Mobile can do to protect breach victims, says security specialist Mark James.
The severity of the U.S. Office of Personnel Management breach continues to grow, with investigators now reporting that hackers stolen 5.6 million people's fingerprint data. The theft may have security implications well into the future.
The U.S. migration to EMV chip payment cards, which is progressing slowly, will be overshadowed by EMV-compliant mobile payments, says Gray Taylor of Conexxus, a convenience store and petroleum industry technology association.
If the Chinese government hacked the U.S. Office of Personnel Management for espionage purposes, then the U.S. government's $133 million contract to provide ID theft monitoring services is a waste of money. Instead, the agency could have used the funds to safeguard its systems against future attacks.
BlackBerry plans to buy mobile device management rival Good Technology for $425 million. BlackBerry must prep for a future in which it no longer manufactures hardware - and that's why this deal makes sense.
Mozilla, which maintains the Firefox browser, says an attacker infiltrated its bug-tracking tools, stole information on an unpatched flaw, and exploited users for at least three weeks, before the flaw was patched.
Sony Pictures Entertainment has reached a tentative deal to settle a class-action lawsuit filed against it, stemming from its 2014 data breach, which resulted in the leak of personal information for up to 50,000 employees.