U.S. President Joe Biden is expected to meet with the CEOs of Apple, Microsoft, Amazon and others on Wednesday (Aug. 25) to discuss cybersecurity concerns during a time when ransomware and other breaches are at an all-time high, Bloomberg and other media reported on Tuesday...
“When I was a kid, criminals robbed banks and had guns. Now they’re not even in the same country. They sit in Eastern Europe on a computer and they make large sums of money,” said Richard Clarke, former national coordinator for security and counterterrorism, during...
Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the remaining funds, according to a Monday (Aug. 23) announcement from the company. The so-called “white-hat” hacker, which was identified by...
T-Mobile has reported Friday (Aug. 20) that the recently discovered cyber theft of sensitive customer data captured more detailed information about some customers, and limited information about more customers, than the company previously knew. The new data appears to put the number of current, former...
Whether it’s consumers getting comfortable with a new payments experience or a large financial institution (FI) getting comfortable sharing data with FinTechs, there’s one constant that needs to be in place to make it all happen; trusted infrastructure. Those pipes — connecting old rails with...
T-Mobile confirmed that hackers stole sensitive data on more than 40 million customers, and is now offering McAfee identity protection services at no charge for two years, according to a Tuesday (Aug. 17) T-Mobile press release and media outlets. The mobile phone carrier said the...
Pearson, which is a London-based company working on educational publishing, has agreed to pay $1 million on charges that it misled investors about a 2018 cyber intrusion involving the thefts of millions of student records, according to a press release from the Securities and Exchange...
T-Mobile data may have been accessed illegally, the company announced in a Monday (Aug. 16) press release, noting it is “working around the clock” to investigate. “We take the protection of our customers very seriously, and we are conducting an extensive analysis alongside digital forensic...
T-Mobile is investigating claims that sensitive information from 100 million users is being sold on the dark web, Motherboard reported, citing contact with the seller and having seen data samples. The data includes information such as names and social security numbers; phone numbers and physical...