The European Parliament building in Strasbourg, France. (Photo: Octavio Espinosa Campodonico, via Wikimedia Commons)

GDPR: An Opportunity for Better Threat Intelligence Sharing

Jeremy Kirk • June 22, 2018

Europe's General Data Protection Regulation is reshaping the way organizations handle data. That's going to have an impact on the sharing of threat intelligence. But the Anti-Phishing Working Group hopes the law will provide legal clarity that will make more organizations comfortable with sharing threat data.

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Events

Geneology Service MyHeritage Leaked 92 Million Credentials

Latest

General Data Protection Regulation (GDPR)

Why Data Classification Has Gone Mainstream

Mathew J. Schwartz • June 22, 2018

Driven by the EU's General Data Protection Regulation and other regulations, as well as the move to the cloud, more organizations are turning to data classification to help them silo and protect their most sensitive information, says Tony Pepper, CEO of Egress.

Anti-Fraud

Preview: ISMG's Fraud and Breach Prevention Summit in Chicago

Nick Holland • June 22, 2018

Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.

Data Loss

Tesla Accuses Insider of Stealing Gigabytes of Data

Mathew J. Schwartz • June 21, 2018

Electric car manufacturer Tesla has sued a former employee for sabotage, alleging that he "unlawfully hacked the company's confidential and trade secret information" and gave it to third parties while leaving a trail designed to implicate other employees. The ex-employee, however, claims he's a whistleblower.

Data Breach

Phishing Defense: Block OAuth Token Attacks

Jeremy Kirk • June 21, 2018

Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.

Fraud Management & Cybercrime

Ransomware: No Longer Sexy, But Still Devastating

Mathew J. Schwartz • June 21, 2018

We need to talk about ransomware, says James Lyne, global research adviser at Sophos: "It's not the big, sexy security topic that it once was, but there's some really interesting evolution in their tactics." Lyne rounds up the latest tactics and describes how machine learning is offering new defensive hope.

Anti-Malware

Hackers Hit Satellite Operators and Telecoms, Symantec Says

Jeremy Kirk • June 20, 2018

Symantec says it has uncovered a cyber espionage campaign that targets telecommunications operators in Southeast Asia - as well as a defense contractor and satellite communications operator - and warns that the hacking group, dubbed Thrip, may be laying the groundwork for more destructive attacks.

Authentication

Credential Stuffing Attacks: How to Combat Reused Passwords

Mathew J. Schwartz • June 20, 2018

For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.

Cybercrime

Massive CIA Hacking Tool Leak: Ex-Agency Employee Charged

Mathew J. Schwartz • June 19, 2018

The U.S. Department of Justice has charged a former CIA officer, 29-year-old Joshua A. Schulte, with providing 8,000 documents that describe the agency's offensive malware tools and practices to WikiLeaks, which published them in 2017 as the "Vault 7" archive.

Cybercrime as-a-service

'Rex Mundi' Hacker Extortion Group: Busted

Mathew J. Schwartz • June 18, 2018

Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.

Data Breach

Data Breach Trends: Attackers' Dwell Time Decreases, Mostly

Mathew J. Schwartz • June 18, 2018

There's data breach good news and bad news for organizations in Europe, the Middle East and Africa, says Mike Trevett of FireEye's Mandiant. In general, attackers are dwelling in networks for less time before being discovered, except for some particularly long-lasting breaches in EMEA.

Cybersecurity

Cybersecurity Insurance: How Underwriting Is Changing

Nick Holland • June 18, 2018

Cybersecurity insurers, faced with growing demand, are looking for new ways to better measure their risks, says Aleksandr Yampolskiy, CEO of SecurityScorecard. So some are moving toward more carefully scrutinizing the cybersecurity postures of their potential clients.

Breach Notification

PageUp Breach: Job Winners Hit Hardest

Jeremy Kirk • June 15, 2018

Nearly three weeks after human resources software vendor PageUp discovered malware on its system, the tally of what data was exposed remains unclear, although successful job applicants appear to have been hardest hit.