Here's more evidence of how a data breach can have a major financial impact. The bill for U.K. telecom giant TalkTalk's October 2015 data breach could be as much as $94 million, and the incident resulted in the loss of 95,000 customers.
Java users are being warned to only use newly released installers to avoid a nasty potential exploit. Meanwhile, a veteran bug hunter questions whether Oracle's move to ditch Java browser plug-ins will have a significant security upside.
"We never negotiate" might be the expectation whenever law enforcement or government agencies get targeted by criminals or even "cyberterrorists." But outside Hollywood, the reality too often turns out to be far less rigid.
Who's responsible for the 12 percent uptick in financial fraud losses absorbed by U.S. banks? The American Bankers Association points to retail breaches. But one observer thinks "the ABA has its head in the sand." Read other reactions to the ABA's fraud report.
Sometimes language barriers can be a good thing: Many malware-wielding cybercriminals have historically targeted users in North America and Europe over Japan, owing to linguistic challenges. But that's changing.
Mobility and IoT are acknowledged by security practitioners to be a whole different beast when it comes to management. MetricStream's French Caldwell says that GRC likewise needs to change its paradigm to accommodate this disruption.
Financial losses tied to fraud against bank accounts increased about 12 percent from 2012 to 2014, but banks are not to blame. To the contrary, the ABA argues that banks are actually making significant strides in their fraud prevention efforts.
Cybercriminals are in mourning after the shocking announcement from Oracle that it will deep-six its beloved Java Web browser plug-in technology, owing to browser makers failing to support "standards based" plug-ins.
How many networking vendors - like Juniper - have been selling devices with backdoors attackers could use to intercept and decrypt communications? Some networking giants say they've launched code reviews. But why are eight vendors staying silent?
Security experts are warning that Chinese networking product manufacturer TP-Link has been shipping routers with a WiFi password that's based on their MAC address, thus making their passwords easy for would-be attackers to sniff.
Here's why the acquisition of rival threat-intelligence firm iSight Partners by breach investigation heavyweight FireEye makes sense, and why market watchers predict that other stand-alone intelligence firms will soon get snapped up.
A lawsuit filed against security firm Trustwave is raising questions about "PCI Professional Forensic Investigators" and how they are monitored by the PCI Security Standards Council. But experts say the onus is on companies, not the council, to ensure their security practices are adequate.
Casino operator Affinity Gaming has sued incident response firm Trustwave, alleging that the firm failed to fully eradicate and "contain" the 2013 data breach and payment card malware outbreak that it was hired to remediate.
Tracing bitcoin transactions, some security experts suspect multiple gangs have each amassed more than $1 billion, making them the equivalent of "unicorns" - a term venture capitalists apply to extremely successful startup firms. In case there was any doubt, cybercrime really does pay.