A misconfigured Alibaba private cloud server has led to the leak of around 1 billion Chinese nationals' personal details. An unknown hacker, identified as "ChinaDan," posted an advertisement on a hacker forum selling 23 terabytes of data for 10 bitcoin, equivalent to about $200,000.
India's stock brokers and depository participants must now report all cyberattacks and breaches to the Securities and Exchange Board of India within six hours of detection under a mandate implementing what is likely the world's tightest breach reporting timeline requirement.
Publicly traded companies will need to beef up their cybersecurity knowledge since the the U.S. Securities and Exchange Commission is proposing rules and guidelines that would mandate more stringent oversight of cyber risk, says Roger Sels, former vice president of cyber solutions for BlackBerry.
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
The European Parliament and the Council of the European Union on Friday reached a provisional agreement to set a "baseline for cybersecurity risk management measures and reporting obligations." Called NIS2, it is a modernized framework based on the EU Network and Information Security Directive.
CERT-In has mandated that starting June 28, both government and private organizations in the country must inform the agency within six hours of discovering a cybersecurity incident. What do CISOs feel about this, and how are they planning to approach this new requirement?
The number of organizations being breached is on the rise, according to Forrester's 2021 State of Enterprise Breaches report. Allie Mellen describes the trend as "disappointing" and discusses the misaligned expectations some organizations have about breaches, as well as other report findings.
New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within 36 hours after an organization suffers a qualifying "computer-security incident." What does this mean for banks, and what are the likely challenges?
In what is likely the shortest breach reporting timeline globally, the Indian Computer Emergency Response Team, CERT-In, has mandated that starting June 28, government and private organizations in the country must inform the agency within six hours of discovering a cybersecurity incident.
The American Dental Association allegedly was hit with an attack by new ransomware group "Black Basta." ADA is the latest medical professional organization to have a cyber incident disrupt services and potentially affect members' information. Tenet Health also experienced a cyberattack last week.
Decentralized credit-based stablecoin protocol Beanstalk was the victim of "a theft of about $76 million in non-Beanstalk user assets." The Ethereum-based protocol did not specify what those assets included, but blockchain security firm PeckShield says the total losses are likely $182 million.
New legislation mandating cyber incident reporting for critical infrastructure providers within 72 hours, and the reporting of ransom payments within 24 hours, is "groundbreaking," says former National Security Agency deputy commander Tim Kosiba, CEO of security firm bracket f.
We’re in the 4th Industrial Revolution, and it came unannounced...that's the backdrop of this 2022 study. The revolution came with smart devices, automation, cloud migration and a new streamlined ability to engage with customers and partners - along with the vulnerabilities inherent in legacy technology: the...
BlackCat, believed a rebranded version of the BlackMatter or DarkSide ransomware group, claims to have successfully targeted popular Nigerian betting platform Bet9ja, three universities - FIU, NCAT State University, AIT-Thailand, and the largest natural gas supplier in Latin America - TGS. Bet9ja, FIU, and NCAT State...
Five recently reported data breaches involving cyberattacks on a variety of different types of healthcare sector entities have affected a total of more than 1.2 million individuals. Experts say the incidents highlight the intensifying threat landscape in the sector.