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Capital One Fined $80 Million for 2019 Data Breach Affecting 106 Million Users

Capital One Fined $80 Million for 2019 Data Breach Affecting 106 Million Users

Aug 07, 2020
A United States regulator has fined the credit card provider Capital One Financial Corp with $80 million over last year's data breach that exposed the personal information of more than 100 million credit card applicants of Americans. The fine was imposed by the Office of the Comptroller of the Currency (OCC), an independent bureau within the United States Department of the Treasury that governs the execution of laws relating to national banks. According to a press release published by the OCC on Thursday, Capital One failed to establish appropriate risk management before migrating its IT operations to a public cloud-based service, which included appropriate design and implementation of certain network security controls, adequate data loss prevention controls, and effective dispositioning of alerts. The OCC also said that the credit card provider also left numerous weaknesses in its cloud-based data storage in an internal audit in 2015 as well as failed to patch security
Hackers Planted Backdoor in Webmin, Popular Utility for Linux/Unix Servers

Hackers Planted Backdoor in Webmin, Popular Utility for Linux/Unix Servers

Aug 20, 2019
Following the public disclosure of a critical zero-day vulnerability in Webmin last week, the project's maintainers today revealed that the flaw was not actually the result of a coding mistake made by the programmers. Instead, it was secretly planted by an unknown hacker who successfully managed to inject a backdoor at some point in its build infrastructure—that surprisingly persisted into various releases of Webmin (1.882 through 1.921) and eventually remained hidden for over a year. With over 3 million downloads per year, Webmin is one of the world's most popular open-source web-based applications for managing Unix-based systems, such as Linux, FreeBSD, or OpenBSD servers. Webmin offers a simple user interface (UI) to manage users and groups, databases, BIND, Apache, Postfix, Sendmail, QMail, backups, firewalls, monitoring and alerts, and much more. The story started when Turkish researcher Özkan Mustafa Akkuş publicly presented a zero-day remote code execution vul
How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

Mar 21, 2024SaaS Security / Endpoint Security
In today's digital-first business environment dominated by SaaS applications, organizations increasingly depend on third-party vendors for essential cloud services and software solutions. As more vendors and services are added to the mix, the complexity and potential vulnerabilities within the  SaaS supply chain  snowball quickly. That's why effective vendor risk management (VRM) is a critical strategy in identifying, assessing, and mitigating risks to protect organizational assets and data integrity. Meanwhile, common approaches to vendor risk assessments are too slow and static for the modern world of SaaS. Most organizations have simply adapted their legacy evaluation techniques for on-premise software to apply to SaaS providers. This not only creates massive bottlenecks, but also causes organizations to inadvertently accept far too much risk. To effectively adapt to the realities of modern work, two major aspects need to change: the timeline of initial assessment must shorte
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