Financial institutions over the last few years have paid multi-million dollar penalties related to security mismanagement that led to breaches or a failure to give appropriate notification to customers about compromises.
White Rabbit is a new family of ransomware exploits that has already been discovered making an attack on at least one major U.S. bank last month, according to cybersecurity researchers at Trend Micro.
Despite rapidly growing support from the U.S. financial community for stablecoin cryptocurrency, a new report from the Federal Reserve Bank raises questions about the potential risks of instituting a central bank digital currency (CBDC).
The pharma giant earlier this month won a $1.4 billion lawsuit over insurance companies' duty to pay for the damages stemming from the 2017 NotPetya cyberattack.
The America COMPETES Act, released Tuesday by House Speaker Nancy Pelosi, D-Calif., includes $52 billion in financial incentives to entice semiconductor manufacturers to set up shop in the United States.
The $6.8 million project is expected to align DoD with President Joe Biden's cybersecurity executive order while emphasizing data protection and newer technologies like secure access service edge (SASE) and software-defined wide-area networks (SD-WAN).
Excellus reported an 18-month systems’ hack in 2015, which impacted 10.5 million people. A proposed settlement requires the insurance giant to overhaul its security and data retention policies.
