The thing about far-away technological innovations is that they get closer to reality each day. And with the news Tuesday (May 21) that Zoom is making post-quantum end-to-end encryption (E2EE) globally available across its Zoom Workplace platform, specifically Zoom Meetings with Zoom Phone and Zoom Rooms coming soon,...
New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify people whose data was compromised “as soon as practicable, but not later than 30 days”...
For American businesses, the threat of cyberattacks continues to grow. Ninety percent of companies say their cybersecurity risks increased in the last year, according to a survey of compliance professionals published Monday (May 13) by The Wall Street Journal (WSJ). Nearly all mid-sized businesses — defined in the...
As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this year that resulted in the theft of sensitive data impacting 49 million customers, prioritizing robust cybersecurity and risk management practices is increasingly...
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security Advisor for Cyber and Emerging Technology Anne Neuberger said Thursday (May 9) at the Bloomberg Tech Summit...
Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was based on surveys with 300 heads of payments or fraud departments from international eCommerce companies. It detailed the steps these merchants are taking to combat...
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told Bloomberg News Wednesday (May 8). Since late last month, Scattered Spider has targeted 29 companies...
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer protection law. Considered the first of its kind globally, the rule sets a precedent in safeguarding consumers...
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global...
