Vendor's Ransomware Attack Hits Over 600 Healthcare Clients

Marianne Kolbasuk McGee • July 5, 2022

A ransomware attack on an accounts receivables management firm has affected hundreds of healthcare clients - including dental practices, physician groups and hospitals, resulting in one of the largest health data breaches involving a vendor so far this year.

Governance & Risk Management

Emerging Security Trends in 2022

Latest

Cyberwarfare / Nation-State Attacks

US Government Picks Quantum-Resistant Encryption Algorithms

David Perera • July 5, 2022

The National Institute of Standards and Technology today announced a first group of encryption algorithms designed to withstand the assault of a future quantum computer. Selection of the four algorithms comes after six years of evaluation by the U.S. federal agency.

Cloud Security

RSA Conference 2022 Compendium: 150+ Interviews and More

• July 5, 2022

Welcome to ISMG's compendium of RSA Conference 2022. The 31st annual conference covered a wide range of topics including cybercrime, cyberwarfare, zero trust, supply chain risk, ransomware, OT security, cyber insurance and jobs. Access 150+ interviews with the top speakers and influencers.

Business Continuity Management / Disaster Recovery

US, Israel Initiate Cybersecurity Collaboration Program

Mihir Bagwe • July 4, 2022

The U.S. and Israel have agreed to a new joint cybersecurity program called BIRD Cyber to enhance the cyber resilience of both countries' critical infrastructures. Grants of up to $1.5 million will be given to entities who jointly develop advanced cybersecurity applications under this program.

3rd Party Risk Management

Constant Vigilance Demanded - Cyber 'Not Just Another Risk'

Tony Morbin • July 4, 2022

The Biden executive order on cybersecurity was a catalyst for action, with tight delivery times for steps including promotion of SBOMs and zero trust. The cyber-physical nexus and expanding threat surface mean it's not easy to maintain vigilance, but recognizing that is the first step.

Leadership & Executive Communication

Okta to Spend $1M Helping Nonprofits Improve Their Security

Michael Novinson • July 1, 2022

Identity titan Okta has awarded $1.02 million in grants to groups focused on linking nonprofits with the talent needed to configure and manage security technology. Nonprofits have limited access to infrastructure and human capital to address their cybersecurity needs, and Okta hopes to change that.

Cyberwarfare / Nation-State Attacks

ISMG Editors: Russia's War Has Changed the Cyber Landscape

Anna Delaney • July 1, 2022

Four ISMG editors discuss important issues, including how Russia's cyber and kinetic wars in Ukraine have changed the cybersecurity landscape, what recent layoffs at cybersecurity firms mean for the industry and how cybercriminals are taking a page out of the white hat hacker playbook

Email Security & Protection

The Criticality of Reporting Cybercrimes

Anna Delaney • June 30, 2022

For the seventh year in a row, business email compromise produced the largest losses of any type of cybercrime, according to Steve Dougherty of the U.S. Secret Service. He says organizations need to build and maintain relationships with law enforcement agencies before an attack happens.

CISO Trainings

Profiles in Leadership: Rob Hornbuckle

Mathew J. Schwartz • June 30, 2022

Beyond advising the seniormost levels of the business in the strategic use of technology, the need to recruit new cybersecurity professionals often also tops the list of tasks facing today's security leaders, says Rob Hornbuckle, CISO of Allegiant Air.

Cybercrime

Ransomware Groups Pursue Fresh Monetization Strategies

Mathew J. Schwartz • June 29, 2022

Ransomware-wielding criminals constantly refine their behavior and tactics to maximize the chance of a payday, and recently they have been implementing fresh strategies for monetizing stolen data, says Steve Rivers at threat intelligence firm Kela.

Events

Addressing Misconceptions About Cryptography

Anna Delaney • June 29, 2022

Organizations need to move away from spending money on perimeter security and instead focus on "protecting critical assets using encryption and key management," says Brad Beutlich, of Entrust. "At this point in time, the hackers cannot break encryption technologies," he adds.

Cyberwarfare / Nation-State Attacks

Russian Cyberattack on Ukrainian TV Channels Blocked

Mihir Bagwe • June 29, 2022

Ukraine says it has thwarted multiple Russian misinformation campaigns, including blocking attempts to penetrate the electronic systems of its TV channels on the eve of its Constitution Day holiday. It also flagged social media accounts spreading fake videos.

Events

The Future of Corporate Network Security on the Internet

Anna Delaney • June 29, 2022

The emergence of remote working, the cloud, and digital transformation initiatives are prompting companies to look toward replacing traditional on-premises firewalls, say Perimeter 81 co-founder and CEO Amit Bareket and CMO Gily Netzer. They discuss the future of securing hybrid work environments.