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.
As a veteran cybersecurity leader, Jerich Beason of Epiq has seen historic evolution in technology and how it is applied. But in cybersecurity leadership? The "softer side" of being a CISO has lagged behind, and this is where he intends to be an agent for positive change.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
Jeff Williams, co-founder and CTO of Contrast Security, says people have a right to know if the products they use are secure. It's difficult to tell if software is secure, he says, so companies need incentives to build good security programs, improve their software and disclose any flaws they find.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
In a U.S. Senate hearing on Tuesday, the Apache Software Foundation and leaders from Cisco, Palo Alto Networks and The Atlantic Council discussed open-source software security, urging both government and private sector entities to recognize the breadth of the free-to-use software and adversaries' willingness to...
As a CISO in financial services, Bradley Schaufenbuel of Paychex enjoys the velocity of change - no two days are alike. But with that pace comes a corresponding uptick in supply chain risk, which adds a new degree of difficulty to an already challenging leadership role.
The CISO for a Dallas-based school district quit his job over the district's handling of a severe data breach that occurred in August 2021. A TV broadcaster has revealed that two students in the district were responsible even though the district claimed the intruder was a "third party."
It is essential that entities across all industries - and especially in healthcare - better prepare every type and level of worker on how to respond to potentially devastating ransomware attacks, says privacy and security attorney Erik Weinick of law firm Otterbourg PC.
A Kentucky hospital and the Maryland Department of Health are among healthcare sector entities still battling to fully recover from recent ransomware and other disruptive cyber incidents. What can other organizations do to avoid similar fates?
The House of Representatives on Friday passed a bill that Democratic lawmakers say will help the U.S. compete with China economically when it comes to manufacturing semiconductor chips and bolstering both supply chains and the technology workforce.
As information security officer at MVB Financial Corp., Cara Coleman says the single biggest cybersecurity threat is just keeping up with the pace of attacks - and understanding the sophistication and trickery of the broad range of attackers. Here's how she tackles the challenge.
U.S. lawmakers have introduced a bill that would bring "new transparency and oversight of software, algorithms and other automated systems" making "critical decisions" for American life. The bill - an updated version of a 2019 proposal - would also combat bias in the use of such technologies, its sponsors say.
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