The vast majority of company data breaches were discovered only after an outside entity alerted these firms in 2014, indicating firms have issues with breach detection, SC Magazine reported.
LinkedIn will pay $1.25 million as part of a settlement for a data breach that exposed customer credentials in 2012, ZDNet reported.
The southern part of Florida has been the center for tax fraud activity, leaving residents in the state anxious during tax season, the Miami Herald reported.
The IRS paid $5.8 billion in fraudulent refunds due to identity theft in 2013, up from $3.6 billion in 2013, according to a report by the U.S. Government Accountability Office.
The major data breach at Anthem that affected millions of consumers could cost billions of dollars, St. Louis Business Journal reported.
While the number of data breaches caused by malicious software grows as criminal cyberactivity increases, compromised hardware is a new threat could worsen security concerns, according to Popular Science.
As the IRS copes with the increase in tax-related identity theft cases this tax season, some victims of tax fraud are still waiting for their cases to be resolved, Fox affiliate KTVI in Missouri reported.
While cybercriminals last year targeted retailers to steal customers' financial data, hackers could shift their focus to health care providers' medical records, The Associated Press reported.
As the second biggest health insurance firm Anthem deals with a massive data breach, a poll conducted by a New York regulator found insurers in the area experience a high level of malware activity, The Wall Street Journal reported.
The data breach at insurer Anthem could put consumers at risk for identity theft and companies in danger of more intrusions, The New York Times reported.