In the latest weekly update, four ISMG editors discuss how ransomware attacks got worse in 2021, the backlash from privacy experts sparked by the IRS' decision - now changed - to use facial recognition technology on American taxpayers, and why cybersecurity fosters competitive advantage.
CISA, FBI and NSA issued a joint advisory on Wednesday pointing to Russian state-sponsored activity against defense contractors. Officials say they have tracked threat actors compromising cleared defense contractors supporting several branches of the U.S. military and the intelligence community.
Reports say that Ukraine's defense ministry and two banks have fallen victim to a cyberattack on Tuesday. This follows what appeared to be mild escalation in the Russia-Ukraine conflict over the weekend, in which top U.S. officials warned that Russia could invade the former Soviet state this week.
By almost every measure, ransomware continues to get worse, not least in the average amount criminals receive when a victim chooses to pay a ransom. So say new reports assessing the volume and severity of ransomware attacks, the flow of cryptocurrency, attackers' target selection and more.
"All too often we hear that our industrial control systems have no security. That's not true," says Kevin Jones, group CISO of Airbus. In fact, he states, "some of these systems have been designed with security encapsulating them and security around them." He discusses enhancing cyber resilience.
The U.S. CISA has issued a "Shields Up" alert to U.S. organizations to protect against potential retaliatory cyberattacks at the hands of the Russians - especially if the Biden administration intervenes in the country's conflict with Ukraine, where Russia has massed some 100,000 troops.
Hefty proposed settlements have been reached in class action lawsuits involving two separate health data breaches affecting millions of individuals. The incidents were reported by a Texas-based administrative services vendor in 2021 and a Puerto Rico-based clearinghouse in 2019.
Security experts explain how the Rust programming language helps the BlackCat ransomware group execute targeted attacks on critical infrastructure. Compared to traditional languages like C or C++, Rust brings speed, security, stability and unparalleled detection evasion capabilities to the table.
Bipartisan legislation introduced by two U.S. senators aims to kick-start the modernization of "outdated" health privacy laws by creating a commission to examine regulatory gaps, including how to address health data falling outside of HIPAA's reach.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the BlackMatter ransomware group has rebranded itself yet again, how the DOJ confiscated stolen Bitcoin worth more than $4 billion and takeaways from a U.S. Senate hearing on open-source...
Ransomware attacks in 2021 amassed a record number of victims in critical infrastructure sectors across Australia, the U.K. and U.S., those countries' lead cybersecurity agencies warn. They share intelligence on attackers' latest tactics to better equip domestic organizations to defend themselves.
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.
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.
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