Federal clampdown on credit data cybersecurity breaches

Two senators have announced plans for new cybersecurity laws that will give the Federal Trade Commission (FTC) the power to penalize organizations handling consumer credit data that fail to properly safeguard against cybercriminals. The legislation, entitled the Data Breach Prevention and Compensation Act, was proposed by Senators Elizabeth Warren and Mark Warner, and would create … Continued

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Is cybercrime gang driven?

A new report from cybersecurity firm Malwarebytes reveals not only an increase in cybercrime in 2017, but also an increasing shift toward gang-driven hacking and cyber attacks. The report, The New Mafia: Gangs and Vigilantes, explains that organized gangs of cyber-criminals are taking advantage of their willingness to intimidate and paralyze victims by stealing sensitive … Continued

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