The recent surge in ransomware attacks on hospitals has at least one member of Congress contemplating whether HIPAA's breach notification requirements need to be clarified or updated to reflect the trend.
Defending against online attackers, attempted account takeovers and other types of fraud requires closely monitoring networks, users and devices for any signs of anomalous behavior, says Thomas Hill, CIO of Live Oak Bank, in this video interview.
A March 28 cyberattack that may have involved ransomware forced MedStar Health, a 10-hospital system serving Maryland and the Washington, D.C., area to shut down many of its systems to avoid the spread of the virus.
Will the Fed support the use of cryptocurrency and related blockchain technology to help push the movement to faster payments? Experts at ISMG's Fraud and Data Breach Prevention Summit in San Francisco last week considered the possibilities.
Verizon Enterprise Solutions, which regularly assists clients in responding to their data breaches, admits it's suffered its own breach. The breach of contact information reportedly affected 1.5 million business customers, who now face greater risk of phishing attacks.
Despite the recent move to put the FBI-obtained court order against Apple on hold, the crypto debate is far from over, said a panel of law enforcement, legal and industry experts at Information Security Media Group's Fraud and Breach Prevention Summit in San Francisco.
Neither the FBI nor Apple looks good in the days following the postponement of a hearing on whether Apple should be forced to help the bureau crack open the iPhone of one of the San Bernardino shooters. The FBI's credibility is being questioned as Apple's security technology is being tarnished.
Ransomware attacks against hospitals are becoming commonplace this year, with at least five incidents revealed in recent weeks. What steps can organizations take to avoid falling victim to these attacks?
The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
Smaller hospitals and clinics must avoid the common mistake of thinking they won't fall victim to cyberattacks, warns risk management expert Tom Andre, vice president of information services at the Cooperative of American Physicians.
Although most breach-related class action lawsuits fail, a multimillion dollar settlement of a suit stemming from a data breach at St. Joseph Health System in California illustrates how egregious breaches can have serious financial consequences.
Growing worries about the use of the U.S. financial system to launder funds for terrorists has spurred proposals for new state and federal regulations aimed at tightening money-laundering controls. Attorney Lauren Resnick explains steps banks are taking to help detect suspicious activity.
In a lawsuit, two small merchants say they, and many other retailers, are unfairly being forced to pay fraud-related expenses as a result of the EMV liability shift even though they converted to EMV technology by the card brands' deadline. Fraud prevention experts analyze the implications of the case.
A new report suggests that a Chinese cyber espionage APT attack group is behind a string of targeted ransomware infections that have slammed U.S. firms. Dig into the details, however, and the report is nothing but speculation, two security experts caution.