Equifax Negotiating $700 Million Data Breach Settlement

Cybercrime , Fraud Management & Cybercrime , Governance Deal Prepped With Feds and State Attorneys General, Wall Street Journal Reports Mathew J. Schwartz (euroinfosec) • July 22, 2019     Credit reporting giant Equifax is reportedly negotiating a settlement to resolve many federal and state probes into its massive 2017 data breach. See Also: Webinar | The Future of Adaptive Authentication in Financial Services The settlement could be in the…

July 22, 2019
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Audit Finds More Security Vulnerabilities at IRS

Encryption & Key Management , Endpoint Security , Fraud Management & Cybercrime GAO Makes More Security Recommendations; IRS Now Has 127 Issues to Resolve Akshaya Asokan (asokan_akshaya) • July 19, 2019     (Photo: Joshua Doubek via Wikicommons/CC) The Internal Revenue Services’ internal financial reporting systems and IT infrastructure have 14 new security vulnerabilities, along with a long list of previously unresolved deficiencies, according to the U.S. Government Accountability Office….

July 22, 2019
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BlackBerry Cylance Downplays, Patches Antivirus Bypass

BlackBerry Cylance has prepared an update for its CylancePROTECT product to address a recently disclosed bypass method, but the company has downplayed the impact of the issue. Australia-based cybersecurity firm Skylight reported last week that its researchers had found a way to trick Cylance’s AI-based antivirus engine into classifying malicious files as benign. They discovered what they described as a universal bypass method that involved taking strings from a certain…

July 22, 2019
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Ex-NSA Contractor Sentenced to 9 Years for Stolen Documents

A former National Security Agency contractor who stored two decades’ worth of classified documents at his Maryland home was sentenced Friday to nine years in prison. Harold Martin, 54, apologized to the federal judge who sentenced him for a theft that prosecutors have called “breathtaking” in scope. “My methods were wrong, illegal and highly questionable,” Martin told U.S. District Judge Richard Bennett. The punishment was in line with the nine-year…

July 22, 2019
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Unsupervised Learning: No. 187

I spend 5-20 hours a week devouring books, RSS feeds, podcasts, and articles about what’s happening—and what’s coming—in security and technology. Then every Sunday I send the best of what I find to around 25,000 subscribers. “Your newsletter has become my most important source of news. It is the only newsletter I will NOT delete until I have perused it to the very end”. ~ Frank Hall Green

July 22, 2019
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