Private sector organizations in Canada must now report all serious data breaches to the country's privacy watchdog as a result of new provisions in Canada's PIPEDA privacy law. Violators face fines of up to $100,000 for every breach victim they fail to notify or breach they attempt to hide.
Scammers behind an ongoing "sextortion" campaign have been emailing a legitimate password - likely from a publicly leaked list - to victims with a threat to release a compromising video of the recipient unless they pay up in bitcoins, Barracuda Networks warns.
Kenneth Schuchman, the alleged author of a supercharged variant of Mirai malware called Satori, has been rearrested for violating his bail conditions. In what may be a coincidence, security researchers say a Satori botnet went dormant following Schuchman's arrest, only to be reawakened later.
One of the co-authors of the devastating Mirai botnet malware has been sentenced to home incarceration and community service, and ordered to pay $8.6 million in restitution, for his role in a series of damaging distributed denial-of-service attacks that disrupted operations at Rutgers University.
IBM plans to acquire enterprise Linux open source software provider Red Hat in a "hybrid cloud" deal valued at $33 billion that IBM CEO Ginni Rometty promises will be a "game changer." Market watchers say IBM has been struggling to find new revenue growth opportunities.
In the wake of a breach at Hong Kong's Cathay Pacific airlines that involved unauthorized access to personal details on 9.4 million passengers, security experts are weighing in on factors that might have contributed to the incident. So far, the airline has provided only sketchy details.
British Airways has discovered that hackers compromised payment card data and personal details for 185,000 more customers than it had originally suspected and that its systems were first breached not in August, but April. The airline now counts 429,000 data breach victims.
Australian police have charged a woman in the theft of AU$450,000 (US$318,000) worth of the virtual currency XRP, also known as Ripple, in one of the largest cryptocurrency thefts from a single victim. The case highlights how basic security messaging on protecting cryptocurrency isn't getting through.
This week's edition of the ISMG Security Report features an analysis of whether the U.K.'s fine of Facebook for the Cambridge Analytica scandal is just the beginning of regulatory enforcement action. Plus: A potential settlement of Yahoo breach lawsuit and tips on securing data in the cloud.
Hong Kong-based airline Cathay Pacific says the personal details of 9.4 million passengers were inappropriately accessed in March, a breach the company confirmed in early May but publicly revealed on Wednesday. That raises questions about whether the airline violated data breach disclosure regulations.
A proposed agreement that would settle a class action suit against Yahoo over devastating data breaches could see the company pay as much as $85 million. That adds to the $35 million fine levied by the SEC earlier this year, showing the high price to be paid for Yahoo's record data breaches.
Two years after Mirai botnets first appeared, security researchers say telnet-targeting botnets are attempting to compromise internet of things devices by pummeling them with 1,065 different username/password combinations. Some of these attacks are designed to install Linux DDoS malware.
A Russian national has been charged with coordinating a four-year campaign to spread divisive themes aimed at disrupting the U.S. political system. "Project Lakhta" allegedly employed hundreds of individuals who created bogus accounts on such platforms as Facebook and Twitter to sow false narratives.
Attention admins: If you use libSSH - one of the open-source flavors of Secure Shell, or SSH - patch now. The advice follows the disclosure of a vulnerability that one expert, Paul Ducklin of Sophos, terms "comically bad."