In the latest "Proof of Concept," Ari Redbord, head of legal and government affairs at TRM Labs, and former CISO David Pollino of PNC Bank join editors at ISMG to discuss the U.S Treasury's decision to sanction cryptocurrency mixer Blender.io. They also assess software supply chain security.
The United Kingdom has announced two proposed pieces of legislation - the Financial Services and Markets Bill and the Economic Crime and Corporate Transparency Bill - to regulate the digital assets industry and curb the use of virtual currency in illicit activity.
Material Security has closed a $100 million funding round on a $1.1 billion valuation to extend its protection of sensitive content at rest beyond email. The startup will take patents for defending content in old emails and apply them to SaaS applications such as Dropbox, Google Drive and Slack.
As the Russia-Ukraine war continues, what cybersecurity lessons should be learned? At the CyberUK conference in Wales, cybersecurity czars focused on surprises - including low online attack volume and the role of hacktivists - and lauded Ukraine's cyber resilience, honed by years of stress testing.
Russia's use of wiper malware, DDoS attacks and targeted disinformation show it no longer depends on traditional methods in its war with Ukraine. John Walker, a professor and counterintelligence expert, says organizations need to be "more realistic" about how they handle cyberattacks.
New CEO Bryan Ware plans to leverage LookingGlass' nascent attack surface management capabilities to capture clients in verticals such as pharmaceuticals, manufacturing and utilities. The company tapped former CISA leader Ware to serve as its next CEO following the acquisition of Next5.
Britain's law enforcement and intelligence agencies continue to work with partners to directly disrupt criminal infrastructure and deny criminals access to cybercrime tools, says Jeremy Fleming, the head of the U.K.'s security, intelligence and cyber agency, GCHQ.
Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
The "financial burden" of a December 2021 cyberattack and the aftereffects of the COVID-19 pandemic forced 157-year-old Lincoln College in Illinois to cease operations on Friday, its president, David Gerlach, says. The school underwent a three-month-long recovery period during enrollment season.
CERT-In has mandated that starting June 28, both government and private organizations in the country must inform the agency within six hours of discovering a cybersecurity incident. What do CISOs feel about this, and how are they planning to approach this new requirement?
An exploit has been created using critical remote code execution vulnerability CVE-2022-1388 in BIG-IP network traffic security management appliances. F5 BIG-IP admins are advised to immediately implement the patches for this vulnerability, which were released last week.
The massive leak of internal communications from the Conti ransomware group has highlighted the extent to which cybercrime syndicates regularly beg, borrow, steal or sometimes even partner or collaborate, all in pursuit of increasing their illicit profits.
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