security Archive

Experian says receives class actions related to T-Mobile breach

Experian Plc, the world’s biggest credit data company, said it had received a number of class actions related to the theft of T-Mobile US Inc customer data at one of its servers. The company said it was working with the U.S. and international law enforcement agencies to investigate the matter. Experian said the breach at [&hellip

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Researchers find security holes in SAP business software

Source photo Security researchers have found nearly two dozen vulnerabilities in the widely used German business software SAP that could give attackers control of company financials, resource management and other operations. Boston-based Onapsis, a security company that tests for holes in SAP and Oracle enterprise software and reports them to the companies so they can [&hellip

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Is the red-hot security sector hitting a plateau, or is it just FireEye?

The canary in the security sector coal mine is starting to wheeze. FireEye Inc. FEYE, +0.66% was one of the most prominent cybersecurity companies to enter the public markets amid a wave of high-profile attacks and investor fervor for such firms. But it says it is seeing a slowdown in attacks and projecting slower growth [&hellip

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Optimal Payments says investigating data breach allegations

Mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised. The company said the allegations were about data breaches at two of its units in 2012 or earlier and the data which is available in the public domain emanated from those breaches. [&hellip

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Americans are afraid of having their identities stolen but don’t do much about it

If constant headlines about data breaches have made you fear your identity might be stolen, you’re not alone. About 77% of Americans are frightened by the prospect of having their identities stolen, according to a survey released Monday by Bankrate.com, at a time when cyber threats are growing. And 46% of people said they’ve already [&hellip

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Cyber insurance premiums rocket after high-profile attacks

A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover. On top of rate hikes, insurers are raising deductibles and in some cases limiting the amount of coverage [&hellip

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Ryanair got its $5 million back from Chinese hackers

For the cost-conscious Ryanair, recovering almost $5 million (£3.25 million) stolen by Chinese hackers must feel great. The company said that the funds, which were lost to a “fraudulent electronic transfer to a Chinese bank in April,” have now all been recovered and steps put in place to make sure it can’t happen again. Read [&hellip

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The Margin: Here’s why Elon Musk fears the ‘robocalypse’

The comment seems to have been made at least partly in jest, but Elon Musk has been very clear in the past that the dangers posed by artificial intelligence are no laughing matter. So why not killer robots? “And people wonder why I’m worried about the robocalypse…” Musk wrote in this Instagram post over the [&hellip

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