The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of product security, the impact of ransomware on healthcare sector entities during the pandemic and thinking about cybersecurity awareness creatively.
The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
The U.S. Department of Justice said this week it will pursue government contractors that fail to report cybersecurity incidents. The department also announced the formation of a Cryptocurrency Enforcement Team to prosecute the misuse of virtual currencies.
The Singapore Cybersecurity Strategy 2021 names critical information infrastructure security as its top priority and aims to ensure the country’s cyber resiliency will be strong enough to tackle present-day security threats. The new strategy sets out requirements for CII and non-CII organizations.
Who had heard of Syniverse before it recently disclosed a five-year breach, potentially exposing call-routing data and text messages for hundreds of mobile phone networks? The incident is just the latest supply chain attack to hit a lesser-known but nevertheless critical service provider.
Cyber extortion through digital means is nothing new, says U.K.-based cybersecurity expert John Walker, but the concerning aspect of today's ransomware attacks is that they are "low-cost in the macro sense and so easy to achieve."
Some of the highest-ranking cybersecurity officials in the U.S. government discussed the pervasive threat of ransomware on Tuesday, likening it to a clear issue of national security with the ability to inflict measurable damage on major world powers.
The Data Security Council of India has issued an advisory about newly discovered ransomware Alkhal, which uses a strong encryption tool and has no known decryptor to recover lost data. The ransomware was likely discovered on Oct. 1 by security firms Malwarebytes and Cyclonis.
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.
Four federal agencies have been awarded $311 million to bolster the U.S. government's cyber defenses and address IT modernization challenges, according to the interagency board of the Technology Modernization Fund, a federal funding source, which made the announcement Thursday.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
Neiman Marcus Group says it is notifying 4.6 million of its online customers who are affected by a data breach that occurred in May 2020. The data includes personally identifiable data, payment and gift cards, online account credentials and security questions.
The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.
A new self-assessment tool aims to help public and private sector organizations assess their level of vulnerability to insider threats, according to CISA. The agency also indicated this week it will keep its "rumor control" website active ahead of the 2022 midterm elections.