May Security News Roundup

desk with computer

With the arrival of GDPR and the report that some 300 million Twitter users need to update their passwords, it’s been a busy spring in the security world. We know it’s not easy to keep up with the latest security news flying around. But don’t worry, we’ve rounded up a few articles you might have missed. 

Equifax update – How much has the breach cost them? 

According to ZDNet, “Equifax has spent $242.7 million on its data breach so far.” Much of this spending is on IT and security, but they’ve also spent millions on legal and investigative fees.  

Read full article here 

 Speaking of Equifax… Freezing your credit is not as easy as you think 

After the Equifax breach, many people have frozen their credit with the three big credit bureaus (Equifax, Experian and Trans Union). However, this article from KrebsonSecurity has found that many mobile phone carriers aren’t asking those credit bureaus for credit checks but are using lesser known ones instead. Identity thieves are taking advantage of this and opening fraudulent accounts.  

Read full article here 

Now for some password news (of course) 

Our own Product Marketing Manager Amber Steel was interviewed by Data Breach Today and discussed how businesses can address bad password behavior with their employees. She also busts some password vault myths.  

View the interview here 

Google’s AI assistant reminds us to consider security and privacy 

This Harvard Business Review article was prompted by Google’s unveiling of their automated assistant’s ability to imitate the human voice. This has raised a lot of privacy and security concerns. This article reminds readers that there is a distinction between privacy and security and how it’s hard to protect both at the same time.  

Read full article here