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FTC Reportedly Approves $5 Billion Facebook Fine

FTC Reportedly Approves $5 Billion Facebook Fine
3rd Party Risk Management , Governance , Privacy Settlement Stems From Cambridge Analytica Incident( @Ferguson_Writes ) • July 12, 2019     (Watch for updates on this developing story.) See Also:...
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Software Engineer Charged With Stealing Company Secrets

Software Engineer Charged With Stealing Company Secrets
Cybercrime , Fraud Management & Cybercrime , Governance Unsealed Indictment Describes Alleged Insider Theft Scenario( @Ferguson_Writes ) • July 12, 2019    Xudong Yao is believed to be living in China...
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Report: Ransomware Targets QNAP Storage Devices

Report: Ransomware Targets QNAP Storage Devices
Fraud Management & Cybercrime , Ransomware Attackers Demand Bitcoin Ransom After Encrypting Data( asokan_akshaya ) • July 11, 2019     A new ransomware strain called eCh0raix is targeting enterprise storage...
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Put Those Cloud Security Objections to Rest

In the wake of digital transformation, there remain some organizations that - for security reasons - resist the temptation to move to the cloud. What are their objections? Zscaler's Bil Harmer...
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The Future SOC: Harmonizing Detection and Response

) • July 12, 2019     10 Minutes    The success of security operations centers will depend on how well they blend key technologies, including detection, user behavior analytics and...
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Analysis: The Significance of GDPR Fines

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.com, you agree to our use of...
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Leak Confirms Google Speakers Often Record Without Warning

Leak Confirms Google Speakers Often Record Without Warning
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Artificial Intelligence & Machine Learning , Governance , Insider Threat The Cost of 'Smart Home AI Assistants': Humans Review Audio of What People Say( euroinfosec ) • July 12, 2019  ...
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Crypto Prediction Market and Derivatives Platform Veil Is Closing

Veil, the crypto-focused prediction market and derivatives platform, is closing its doors. Launched in January, the Veil web interface allowed users to place bets on Augur prediction markets, offering an instant...
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CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction

Jon Montrol, the operator of defunct bitcoin-denominated trading platform BitFunder and WeExchange deposit service, was sentenced for securities fraud and obstruction of justice, according to a statement from the Southern District...
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Magecart Hackers Infect 17,000 Domains via Insecure S3 Buckets

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The Magecart hackers have managed to infect over 17,000 domains by targeting improperly secured Amazon S3 buckets, RiskIQ reports.  The hackers came under the spotlight last year, after a series of...
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IRS Confirms It Trained Staff on Finding Crypto Wallets

The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation...
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Adoption of AI-enhanced Cybersecurity is Growing Rapidly: Report

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The pace of machine learning adoption for cybersecurity is increasing. This may appear to be obvious (virtually no new security product or version is released without claim to artificial intelligence), but...
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Trump trashes Bitcoin, Facebook Libra

July 12, 2019 President Donald J. Trump late Thursday  tweeted out that he was "not a fan of Bitcoin and other cryptocurrencies, which are not money and whose value is highly...
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Bipartisan Legislation to Require DHS Alerts on Election Hacking

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Bipartisan legislation formally unveiled this week would require the Department of Homeland Security to send notifications on breaches affecting the election systems.  Unveiled by U.S. Reps. Michael Waltz (R-Fla.) and Stephanie...
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Mark Cuban ‘Not a Big Fan’ of Facebook’s Libra


Mark Cuban, billionaire “Shark Tank” co-host, raised concerns about Libra’s potential to disrupt global finance when speaking to CNBC on July 12. Cuban referred to the Menlo Park-based social networking company’s...
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Mac Zoom Web Server Allows for Remote Code Execution

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The web server that the Zoom Client installs on Macs can be abused to execute code remotely, security researchers have discovered.  Zoom is a popular service that offers “enterprise video conferencing...
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Podcast Episode 18: Earned income: Early access


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July 12, 2019 | by David Jones Subscribe to the Podcast: SoundCloud | YouTube | iTunes   Today's podcast is sponsored by... Are you a supplier or a brand working to...
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Chase, HSBC executives headlining BCX Summit

Executives from two of the country's largest banks, JPMorgan Chase and HSBC Bank USA, will keynote the upcoming Bank Customer Experience  Summit, a two-and-a-half day event, Sept. 23-25 in Chicago, focusing on...
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Visa launches tokenization to help reduce fraud, friction in online transactions

July 12, 2019 Visa Inc. said it is implementing tokenization ahead of the fall shopping frenzy as a way to make shopping more secure and frictionless for consumers.  Visa announced in a...
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Bitpoint Japan suspends operations after hackers steal $32 million from crypto wallet

July 12, 2019 Cryptocurrency exchange Bitpoint Japan Co. suspended operations after it lost more than $32 million (3.5 billion yen) in an unauthorized leak from its hot wallet,  The breach, reported...
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