Cybersecurity organizations are constantly monitoring systems for signs of a breach and patching vulnerabilities, but the real focus should be on enterprise risk. Nick Sanna, president of FAIR Institute, makes the case for implementing a risk-based approach to cybersecurity.
Startup Lumu edged out larger incumbents Extra Hop, Arista Networks and Trend Micro for the top spot in Forrester's first-ever network analysis and visibility rankings. The percolating of federal zero trust mandates into the civilian world prompted Forrester's evaluation of providers in the market.
Federal regulators are once again reminding healthcare entities and their vendors of the importance of using strong multifactor authentication to help fend off hacks and other compromises, but they also warn about avoiding common mistakes with MFA.
Critical services in the Netherlands could be a potential target of ransomware and hacktivist attackers with ties to Russia as a means to sow large-scale disruptions in the country, according to a Dutch National Cyber Security Center warning this week.
The United States is further fortifying its critical infrastructure security with a new Cybersecurity and Infrastructure Security Agency program that enhances the cyber resilience of participating partners leveraging the agency's advanced threat detection and monitoring capabilities.
With the growth of generative AI services, organizations want better control of the data going in and coming out of AI. Talon CEO Ofer Ben-Noon discussed how his firm has built a DLP compliance model around generative AI services that blocks healthcare information or SWIFT data shared with ChatGPT.
Big banks want social media firms to take accountability for scams that occur on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. And big tech and telcos need to kick the scammers out of their platforms.
The world's top chip manufacturer has dismissed the LockBit 3.0 ransomware gang's hack claim and $70 million ransom. TSMC said the data leak took place at a third-party supplier and contains only certain initial configuration files. It said customer information and operations were not affected.
The U.S. Department of Health and Human Services has notified Congress that the information of at least 100,000 individuals has been compromised in hacking incidents at HHS contractors involving exploitation of a flaw in managed file transfer software MOVEit from Progress Software.
The European Commission is set to finalize its digital wallet initiative after the proposal achieved political consensus on the core elements concerning its implementation. The latest digital monetary initiative comes as Europe rolls out plans for a digital euro.
In the latest weekly update, ISMG editors discuss the potential fallout from an SEC investigation of SolarWinds and its CFO and CISO, why the number of individuals affected by Clop's campaign against MOVEit is on the rise, and highlights from InfoSecurity Europe.
While financial fraud has been prevalent for years, businesses still struggle to find it among large pools of data. In this second installment on accounting fraud, a panel of experts discussed the challenges including a lack of resources, skills and tools to identify fraud.
This week, the U.S. sanctioned Russians running influence campaigns, the owner of the Monopoly darknet drug market was charged, CISA ordered federal agencies to patch flaws before July 13, Suncor Energy suffered a cyberattack and Petro-Canada gas stations were affected.
The new ransomware group 8Base is fast becoming a big player in the underground market, amassing nearly 40 victims in June - second only to the notorious LockBit ransomware gang. The group's top targets include business services, finance, manufacturing and IT industries.
The sensitive personal information of about 1.1 million National Health Service patients including trauma patients and victims of terrorism is reportedly among data compromised in a recent cyberattack on the United Kingdom's University of Manchester. The incident also affected students and alumni.
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