CISOs have faced a broad and varied set of challenges in recent years. Remote environments, increasingly sophisticated threats and expanding supply chains are just some of the many concerns keeping them up at night.
Identity verification and e-signature firm OneSpan is working with investment bank Evercore on a sale process that could attract interest from other businesses and private equity firms, Reuters reported. This follows five publicly traded cyber vendors agreeing to go private since the start of 2022.
A lack of visibility makes it nearly impossible to protect an organization against attack. If you can't see what's lurking in the dark corners of your environment, all you can do is react instead of actively identifying and mitigating risks. But some technologies can help with threat visibility.
Cybercrime experts have long urged victims to never pay a ransom in return for any promise an attacker makes to delete stolen data. That's because, as a recent case highlights, whatever extortionists might promise, stolen personal data is lucrative, and it often gets sold six ways from Sunday.
Threats from API and application vulnerabilities increased in 2022, but ransomware, human error and hygiene continue to pose the greatest threats to organizations, according to findings from CyberTheory's 2022 Performance Study. CyberTheory's Steve King shares how education can make a difference.
The LockBit group has gone from denying it had any involvement in the ransomware attack on Britain's Royal Mail to trying to bargain for a ransom. The ransomware group's site now lists Royal Mail as a victim and demands it pay a ransom or see stolen data get dumped.
Criminals lately have been prioritizing two types of attacks: exploiting Remote Desktop Protocol and penetrating cloud databases. So warns cyber insurer Coalition, based on analyzing in-the-wild attacks seen in 2022 via underwriting and claims data, scans of IP addresses and honeypots.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Banks using behavioral-based controls are detecting malicious accounts in 92% of cases before traditional AML and transaction monitoring systems alert the bank.
After the collapse of the FTX cryptocurrency exchange, I received a small postcard from Japan. The sender was Mt. Gox. Here's how I bought a bitcoin for $12 and had a painful front-row seat for the first big cryptocurrency exchange collapse, plus some thoughts about cryptocurrency.
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
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