It's often noted that some view cybersecurity as putting the brakes on business. But it's actually the opposite, says Wouter Veugelen, CISO of Oil Search Ltd. "Cybersecurity provides the guard rails for the business to be able to operate within," he says.
The latest edition of the ISMG Security Report features an analysis of whether businesses are stepping up their ransomware defenses in response to several warnings released by the U.S. and U.K. governments highlighting the threat posed to infrastructure. Also featured are the Thingiverse data breach and airline fraud...
The U.S. Bureau of Industry and Security has issued an interim final rule to curb and control the export, reexport, or in-country transfer of certain offensive cyber tools that are used in surveillance of private citizens and other malicious activities that undermine the nation's security.
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
The Professional Dental Alliance is notifying more than 170,000 individuals in about a dozen states of a phishing breach involving an affiliated vendor that provides nonclinical management services to dental practices owned by PDA. Why is breach notification so complicated?
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
In a report published earlier this week, (ISC)² - the international non-profit association that certifies cybersecurity professionals - says minority security practitioners, including people of color and women, are underrepresented in the field and offers practical steps to address the issues.
Four extradited Eastern European men have pleaded guilty in U.S. court to one count of conspiring to serve as administrators of a bulletproof hosting service that facilitated online attacks using the Zeus, SpyEye and Citadel Trojans and the Blackhole exploit kit, says the U.S. Department of Justice.
Researchers at Uptycs Threat Research have uncovered a campaign in which the cloud-focused cryptojacking group TeamTNT is deploying malicious container images hosted on Docker Hub with an embedded script to download testing tools used for banner grabbing and port scanning.
A top leader of the U.S. Cybersecurity and Infrastructure Security Agency has voiced support for a 24-hour timeline for cyber incident reporting involving critical infrastructure, signaling a push by the Biden administration to implement a rapid mechanism for federal response.
A federal judge has imposed the maximum sentences - a total of seven years in prison - on a hacker who earlier pleaded guilty in a conspiracy case involving the hacking of University of Pittsburgh Medical Center human resources databases and the theft of personal information of 65,000 employees - some which was sold...
Reporting security vulnerabilities to organizations with no disclosure policies can be fraught with tension. In the worst conflicts, security researchers could face lawsuits or even prosecution. Some experts say laws should provide a safe harbor for responsible security research.
Is there any bigger cybercrime soap opera than the life and times of ransomware operators? Take the REvil, aka Sodinokibi, ransomware-as-a-service operation, which feels like it's disappeared and reappeared more times than the secret, identical twin of the protagonist in your favorite melodrama.
New York State AG Letitia James served cease and desist letters to two cryptocurrency lending platforms that her office says engage in "unregistered and unlawful activities." Three other platforms were told by the OAG to "immediately provide information about their activities and products."
Israeli officials say they have fended off a wave of attempted cyberattacks on several hospitals and healthcare entities in recent days, as Hillel Yaffe Medical Center continues to recover from a ransomware attack last week that authorities reportedly suspect was carried out by Chinese hackers.
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