Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.
There's data breach good news and bad news for organizations in Europe, the Middle East and Africa, says Mike Trevett of FireEye's Mandiant. In general, attackers are dwelling in networks for less time before being discovered, except for some particularly long-lasting breaches in EMEA.
Cybersecurity insurers, faced with growing demand, are looking for new ways to better measure their risks, says Aleksandr Yampolskiy, CEO of SecurityScorecard. So some are moving toward more carefully scrutinizing the cybersecurity postures of their potential clients.
The anti-Kaspersky Lab rhetoric continues to heat up, with the European Parliament passing a motion that brands the Moscow-based firm's software as being "confirmed as malicious." In response, Kaspersky Lab has halted all work with European institutions, including Europol, pending clarification.
Nearly three weeks after human resources software vendor PageUp discovered malware on its system, the tally of what data was exposed remains unclear, although successful job applicants appear to have been hardest hit.
When June arrives in the United Kingdom, that means it's time for the annual Infosecurity Europe conference in London. Here are visual highlights from this year's event, which featured 240 sessions, 400 exhibitors and an estimated 19,500 attendees.
The U.K.'s Dixons Carphone is investigating a data breach that resulted in the suspected exposure of 5.9 million payment cards and nonfinancial information for 1.2 million customers. The incident could become the first U.K. breach to fall under the EU's General Data Protection Regulation.
PageUp, an HR software developer in Australia with clients worldwide, is warning that malware-wielding attackers may have accessed a raft of personal data stored in its systems. The breach may be the largest to have hit Australia since its mandatory data breach notification law went into effect in February.
South Korean cryptocurrency exchange Coinrail says hackers stole 30 percent of all of the cryptocurrency tokens it was storing, but many have been successfully frozen or recalled. Security experts say cryptocurrency exchanges remain poorly secured, so they're popular targets for hackers.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
Australian HR service provider PageUp, which serves a variety organizations worldwide, says malicious software on its systems may have compromised client data as well as usernames and passwords. PageUp believes systems that store documents, resumes and employment contracts are not affected.
The geneology service MyHeritage says a security researcher found 92 million email addresses and hashed passwords for its users on a private external server. The company, however, says there's no evidence of abnormal account activity or indications family trees or DNA results were affected.
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story. Jim Apger of Splunk discusses reading and reacting to these stories.
The annual Infosecurity Europe conference returns to London this week, with a focus on the latest cybersecurity trends and essential practices for organizations. Hot topics range from artificial intelligence and breach response to GDPR and battling cybercriminals and nation-states.
A lawsuit seeking class action status has been filed in the aftermath of a data breach impacting 150 million users of Under Armour's MyFitnessPal mobile application and website. But the apparel maker has asked the court to compel arbitration of the case.