Effective security and risk programs require not just domain mastery but making security accessible to boards of directors and senior officers, says Karin Höne, the group chief information security and risk officer of South Africa-based multinational Barloworld.
Blockchain company has offered a $1 million bounty to hackers who stole $100 million worth of Ethereum tokens. It says it won’t push for criminal charges if the funds are returned.
Lithuania’s National Cyber Security Center has warned of increasing DDoS attacks directed against the nation's public authorities and its transport and financial sectors following Lithuania blocking road and rail supplies to the Russian enclave of Kaliningrad.
Ransomware group AvosLocker made use of unpatched VMWare Horizon applications to hack into an unidentified organization’s systems, says analysis from Cisco Talos. The race between systems administrators and hackers to patch the Log4j vulnerability is ongoing.
The Conti ransomware group officially pulled the plug on its operation in May. But experts say the group's activities have continued in the form of numerous already-launched subsidiaries or spinoffs, which appear to include Alphv/BlackCat, AvosLocker, Black Basta and HelloKitty, among others.
Watch out for APT and state-sponsored hackers using the Log4Shell vulnerability to gain unauthorized entry into unpatched VMware Horizon Systems and Unified Access Gateway servers, says a joint advisory from CISA and the U.S. Coast Guard Cyber Command.
To excel at cybersecurity incident response, start with planning, preparation and, ideally, regular tabletop exercises, say Kevin Li, CISO for MUFG Securities Americas, and Rocco Grillo, managing director of Alvarez & Marsal's Disputes and Investigations Global Cyber Risk Services practice.
Mark Read, head of data breach solutions for TransUnion in the UK, shares insights on the current data breach landscape, including how businesses should respond to a data breach in order to reduce its impact. "The most successful responses often include the offer of a remediation solution," he says.
A report from the company behind the world's most ubiquitous operating system depicts active cyber scrimmage between Russia and Ukraine and Russia and a slew of other countries. Fighting it is the work of private-public collaboration, Microsoft President Brad Smith writes.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
The latest edition of the ISMG Security Report investigates the reboot of ransomware group Conti, which supports Russia's invasion of Ukraine. It also discusses why paying ransomware actors is a "business decision" and how to respond to the talent shortage in the financial sector.
"Credential phishing is off the charts," says Tonia Dudley of Cofense. She discusses the challenge for organizations to strike a balance between having the right controls in place to block malicious emails and stopping the business from receiving legitimate emails.
Former ISACA board chair Rob Clyde shares highlights from ISACA's "Supply Chain Security Gaps: A 2022 Global Research Report," in which 25% of respondents say they experienced a supply chain attack last year, and offers recommendations for assessments and testing of software.
The U.S. Cybersecurity and Infrastructure Security Agency has begun issuing alerts about 56 flaws across operational technology equipment built by 10 different vendors. Researchers at Forescout Technologies say the flaws trace to poor design decisions by vendors.
Having to decide whether to pay a ransom to cybercriminals is a decision no one wants to make. But Gartner's Paul Furtado and Hearing Australia CISO Daniel Smith say practitioners should stay objective and leave the decision - and the subsequent moral implications - to the business.
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