hacking Archives - CFO

Financial Industry is Third-Most Targeted By Hackers

Financial Industry is Third-Most Targeted By Hackers

New research highlights the growing costs and broad ramifications of poor cybersecurity.

By Adam Zaki | November 23, 2022

Capital One Fined $80 Million Over 2019 Hack

Risk & Compliance

Capital One Fined $80 Million Over 2019 Hack

The Federal Reserve is also requiring the bank to improve controls.

By Lauren Muskett | August 7, 2020

Anthem Agrees to Record Settlement Over Cyberattack

Anthem Agrees to Record Settlement Over Cyberattack

The company said it would change its security practices to prevent future intrusions.

By William Sprouse | June 26, 2017

Expedia IT Specialist Accused of Insider Trading

Risk & Compliance

Expedia IT Specialist Accused of Insider Trading

The SEC says Jonathan Ly made $350,000 in illicit profits by trading on nonpublic information he obtained from Expedia's computers and email accounts.

By Matthew Heller | December 6, 2016

U.S. Data Breaches Almost Match Record High

U.S. Data Breaches Almost Match Record High

Hacking incidents accounted for 37.9% of the 781 data breaches reported by organizations last year.

By Matthew Heller | February 8, 2016

Three Men Charged in $2M Hacking Scheme

Three Men Charged in $2M Hacking Scheme

The operators of a spamming business also stole customer records containing private data from two companies.

By Matthew Heller | December 15, 2015

Tight Labor, Lax Security

Tight Labor, Lax Security

CFO confidence remains steady in the latest Duke/CFO Global Business Outlook Survey, but worries mount over wages and data security.

By David W. Owens | July 16, 2015

Cyber Crime: Think of A Number and Double It

Cyber Crime: Think of A Number and Double It

Businesses would benefit from reliable information on cyber crime’s costs.

By Economist Staff | January 20, 2015

‘Heartbleed’ Bug Opens Hospital Chain to Cyber-Attack

‘Heartbleed’ Bug Opens Hospital Chain to Cyber-Attack

Chinese criminals allegedly used Heartbleed to steal personal information on millions of patients, but for what purpose remains unkown.

By Iris Dorbian | August 20, 2014

Heartbleed: The Mother of All Data-Security Bugs?

Heartbleed: The Mother of All Data-Security Bugs?

OpenSSL, a widely used browser-encryption standard, is found to be significantly vulnerable to hackers.

By David McCann | April 9, 2014