Experts: Time is running short to meet GDPR requirements

"Thousands of companies have no idea they're directly covered by this law."

financial news

How Verizon delicately handled the Yahoo breach

by cyber_admin • 3 days ago

Craig Silliman, Verizon’s EVP of Public Policy and General Counsel, said Verizon didn't panic when Yahoo announced a very bad breach in late 2016.

Meet Money Taker, the latest hacking group tied to Russian cybercrime

by Chris Bing • 6 days ago

Group-IB believes Money Taker is an entirely new, previously unknown hacking group.

Bitdefender valued at $600M after private equity company buys significant minority stake

by Greg Otto • 2 weeks ago

Vitruvian Partners, a London-based private equity firm, acquired approximately 30 percent of Bitdefender from existing shareholder Axxess Capital.

Florida-based credit firm left 111GB of sensitive customer data exposed on AWS server

by Patrick Howell O'Neill • 2 weeks ago

UpGuard researcher Chris Vickery found another open S3 instance, with a Florida-based credit firm leaving extremely sensitive data on the public internet.

Dark web intelligence firm Terbium Labs raises $6 million

by Patrick Howell O'Neill • 3 weeks ago

Founded in 2013, Terbium Labs has raised a total of $15 million off of their product Matchlight, the company's dark web automated data monitoring system.

Ransomware is now a $2 billion-per-year criminal industry

by Patrick Howell O'Neill • 4 weeks ago

Criminals are raking in the profits while working on ways to make new versions of ransomware more powerful than ever.

Report: DMARC email security can be too hard for some large companies

by Shaun Waterman • 4 weeks ago

The myriad configurations that have to be completed is one of many hindrances to organizations who could benefit from the protocol.

Looking to fit it all together, banks adopt standards for cyber automation and integration

by Shaun Waterman • 4 weeks ago

This week, the Financial Services Information Sharing and Analysis Council said it was adopting the Integrated Adaptive Cyber Defense system — basically a collection of best practices, community-consensus driven standards, and open-source software projects.

Experts say government's information sharing program is all take and no give

by Shaun Waterman • 1 month ago

Cyberthreat information sharing among private sector companies and with the federal government suffers from a tragedy of the commons, lawmakers were told Wednesday — everyone wants to receive, but few are prepared to make the effort to give back.

As cryptocurrencies grow, so does the demand to track their users

by Patrick Howell O'Neill • 1 month ago

The business of bitcoin surveillance is booming.

Day trader indicted for hacking into brokerages and placing unauthorized trades

by Patrick Howell O'Neill • 1 month ago

Federal prosecutors say the scheme earned over $700,000 in profit and resulted in over $2 million lost by brokerage firms.

Survey: About a quarter of small businesses say they have cyber insurance

by Shaun Waterman • 1 month ago

Fewer than one-in-five small businesses believe they are at risk of being hacked and — perhaps as a result — only 26 percent say they have cyber insurance, according to a new survey.

Whole Foods says it has 'resolved' point-of-sale breach incident

by Zaid Shoorbajee • 2 months ago

Whole Foods says it has resolved a data breach that it reported last month, in which the company detected unauthorized access to credit card information in some point-of-sale systems.

Financial institutions launch their own cyber range to train defenders, test tools

by Shaun Waterman • 2 months ago

Banks, insurance companies and other financial institutions are banding together to design and build a series of computer environments where defenders can exercise, train and test tools to defend their real computer networks.

Fin7 weaponization of DDE is just their latest slick move, say researchers

by Shaun Waterman • 2 months ago

High end cybercrime group FIN7 stays one step ahead of defenders by changing their lures within a couple days of being identified.

CISOs are finally getting access to the corporate board — but need more of it

by Shaun Waterman • 2 months ago

All the money budgeted in the world for security isn't going to help executives who don't pay attention to the needs of their organization, say a roundtable of CISOs.

Congress rips ex-Equifax CEO over breach: 'I don't think we can pass a law that ... fixes stupid'

by Zaid Shoorbajee • 3 months ago

Ex-CEO Richard Smith received an earful on Capitol Hill Tuesday over Equifax's response to its data breach.

Our year conquering the chaos in the cybersecurity community

by Greg Otto • 3 months ago

Our managing editor reflects on the first year of CyberScoop.

Equifax: 2.5 million more individuals impacted by hack, total rises to 145.5 million

by Patrick Howell O'Neill • 3 months ago

The total number of people impacted by the hack stands at 145.5 million.

SEC admits 2016 breach exposed personally identifiable information

by Zaid Shoorbajee • 3 months ago

The announcement reverses Chairman Jay Clayton's previous statements about whether the breach exposed anyone's personal information.

Continue to CyberScoop.com