The Biden administration has unveiled its new national cybersecurity strategy, detailing top challenges facing the U.S. and plans for addressing them. Goals include minimum security requirements for critical infrastructure sector organizations and liability for poor software development practices.
A Scottish school system decided not to use facial recognition in its secondary school cafeterias after international outcry. The U.K. Information Commissioner's Office said Tuesday that the North Ayrshire Council failed to obtain freely given consent for the system.
The two key digital channels of business - mobile apps and websites - are collecting way more personal data than required. The irresponsible sharing of this data with third parties and lack of transparency raise grave concerns about users' data privacy.
ISACA's recently published Privacy in Practice 2023 survey report shares new research related to the privacy workforce, privacy skills, privacy by design and the future of privacy. Expert Safia Kazi shares ways organizations can align privacy goals with business objectives.
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
The Bahamas Securities Commission seized digital assets worth $3.5 billion from local firm FTX Digital Markets. The regulator says the funds were at risk of "imminent dissipation" due to hack attacks and will temporarily remain under its exclusive control, stored in secure digital wallets.
California hospital operator Scripps Health has agreed to pay $3.57 million in "minimum cash settlements" of $100 per victim, plus some additional types of expenses, to settle a class-action lawsuit filed by victims of a 2021 data breach perpetrated by ransomware-wielding attackers.
Global Cyber Alliance CEO Philip Reitinger shares updates on the alliance's Internet Integrity and Capacity & Resilience programs, which tackle key challenges of internet infrastructure, privacy and safety. Success is measured by the number of partners and "who is using the platform," he says.
The cybersecurity industry is witnessing three fundamental shifts. Cybersecurity is no more about technology but a fine balance between people, processes and technology. Boards of directors will be more responsible for organizational risks and resilience. Cybersecurity will be leveraged as competitive advantage.
As FTX's bankruptcy proceedings continue, customers of the cryptocurrency exchange have filed a lawsuit against its former leadership, contending that they violated "customer agreements" and that customers' missing assets should be prioritized over all claims filed by creditors.
As the U.S. government's probe of bankrupted cryptocurrency exchange FTX continues, two executives have pleaded guilty to multiple charges, while founder Sam Bankman-Fried waived his extradition rights in the Bahamas and was transferred by the FBI to New York, where he appeared before a judge.
Karl Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, pleaded guilty in U.S. federal court to his role in selling the purported multibillion-dollar cryptocurrency pyramid OneCoin that netted $4 billion. He now faces sentencing.
In October, former Uber CSO Joe Sullivan was convicted of covering up a 2016 data breach. The trial likely marked the first time a chief security officer had faced criminal charges over incident response. Attorney Jonathan Armstrong says, "This trend is going to be difficult to put back in the box."
The Conservative U.K. government said it will propose updates to the country's main cybersecurity regulation, including a requirement for the private sector to reimburse the public sector for enforcement activities. The government downplayed concerns that it could create perverse incentives.
A British judge ordered cryptocurrency trading platforms to divulge the identities of account holders accused of holding funds stolen from an English digital assets exchange. A change in civil procedure makes it easier for English judges to subpoena foreign entities in cases of financial fraud.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cio.inc, you agree to our use of cookies.
