Economic Times reports: The RBI barred Paytm Payments Bank from taking on new customers on March 11 because it had allowed data to flow to servers abroad in violation of India’s rules, and didn’t properly verify its customers, Bloomberg reported on Monday, citing a person familiar with the matter. Annual inspections by the Reserve Bank…
Category: Commentaries and Analyses
State Bar Breach Exposed Thousands More Confidential Records Than Original Estimates, Investigation Shows
Alaina Lancaster reports: More than 60,000 additional confidential attorney discipline records were exposed in a data breach of the State Bar of California’s case management system, according to an ongoing investigation. The bar’s IT incident response team and a third-party forensic firm calculated that more than 322,525 confidential records were available during the leak, compared to…
Ukrainian hackers say HackerOne is blocking their bug bounty payouts (updated)
Zack Whittaker reports: Ukrainian hackers and security researchers say bug bounty platform HackerOne is withholding their bug bounty rewards, in some cases thousands of dollars, and refusing to let hackers withdraw their earnings. Several hackers and researchers with affected HackerOne accounts said in tweets that HackerOne is blocking payouts, citing economic sanctions and export controls…
The Human Factor in Data Security Breaches
Breaches involving the pharma sector may or may not involve patient data, but as we saw early on the pandemic, hitting the pharma sector when it is working on developing vaccines, testing vaccines, or distributing vaccines can have significant national and global health implications. Julian Upton reports: The pandemic’s exacerbation of the pharmaceutical industry’s exposure…
Ukraine War Has Insurers Worried About Cyber Policies
Alice Uribe, Leslie Scism, and David Uberti report: Insurance for cyberattacks has been a booming business, but Russia’s invasion of Ukraine has insurers sweating about the possibility of big losses. They are rushing to plug a possible loophole that leaves them vulnerable. Sales of cyber insurance more than doubled last year to about $15 billion as companies…
Report: Recent 10x Increase in Cyberattacks on Ukraine
Brian Krebs reports: As their cities suffered more intense bombardment by Russian military forces this week, Ukrainian Internet users came under renewed cyberattacks, with one Internet company providing service there saying they blocked ten times the normal number of phishing and malware attacks targeting Ukrainians. Read more at KrebsOnSecurity.com