Michael Hamilton, CISO at security firm Critical Insight, discusses health data breach trends. The bad news: The number of major breaches reported to regulators in 2021 hit a record high. The good news: The rate of breaches reported last year compared to 2020 appears to be slowing down.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
Jeff Williams, co-founder and CTO of Contrast Security, says people have a right to know if the products they use are secure. It's difficult to tell if software is secure, he says, so companies need incentives to build good security programs, improve their software and disclose any flaws they find.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
Equifax has agreed to a settlement for the 2017 data breach that exposed the personal information of 147 million people. The settlement with the U.S. Federal Trade Commission, the Consumer Financial Protection Bureau and 50 U.S. states and territories includes up to $425 million to help victims.
The European Central Bank, the central bank of the 19 EU countries using the euro, has reportedly warned against potential Russian cyberattacks, and EU banking institutions are reportedly conducting cyber war games to test resiliency against a potential cyber offensive, according to Reuters.
Federal authorities are again warning healthcare and public health sector entities about potential threats posed by ransomware-as-a-service group LockBit 2.0, despite the cybercrime gang's claim that it does not target healthcare organizations.
A "deliberate and malicious" cyberattack struck Vodafone Portugal, including its 4G/5G network, fixed voice, TV, SMS and voice/digital answering services. ATM networks of large banks connected to its 4G network were also disrupted. The company says its 4G network has now been partially restored.
The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
Israeli officials announced they will set up a commission of inquiry to investigate reports that the nation's police force used the flagship spyware of Israeli firm NSO Group, called Pegasus, to hack the phones of Israeli public officials, journalists and activists.
The CISO for a Dallas-based school district quit his job over the district's handling of a severe data breach that occurred in August 2021. A TV broadcaster has revealed that two students in the district were responsible even though the district claimed the intruder was a "third party."
It is essential that entities across all industries - and especially in healthcare - better prepare every type and level of worker on how to respond to potentially devastating ransomware attacks, says privacy and security attorney Erik Weinick of law firm Otterbourg PC.
The U.S. Internal Revenue Service says it will pull back plans to use facial recognition for authentication of new users of its online accounts. The move comes amid concerns from Congress members and privacy advocates about cybersecurity, software bias and third-party transparency issues around the IRS' proposal to...
Swissport, a global company that provides aviation-related services, confirmed it was hit by a ransomware attack on Thursday. The incident has now been contained, and a full system cleanup and recovery process is underway with no significant delays in sight, a company spokesperson says.
What are the "Four Horsemen of the Data Loss Apocalypse," and how are they causing challenges for organizations that have not yet transformed their approach to data security? Steven Grossenbacher and Jacob Serpa of Zscaler spell out a new, unified approach to enterprise data protection.
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