The latest edition of the ISMG Security Report features insight from U.S. Sen. Angus King on why the federal government needs to declare a clear response to cybercriminals in order to deter them. Also featured: Ransomware affiliates gain power and promoting diversity of thought in cybersecurity.
Ransomware incidents are becoming a major cause of health data breaches affecting millions of individuals that have been reported so far in 2021, according to the latest additions to the federal tally. What else is topping the list?
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
"There are so many basics we need to get right," says Daniel Dresner, professor of cyber security at Manchester University. In this interview, he discusses the cybersecurity practices that he recommends to make the task of securing small- to medium-sized enterprises less overwhelming.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
Cryptocurrency exchange Coinbase faces potential user trust challenges after a system error led it to send out false automated security alerts to about 125,000 customers indicating their two-factor authentication settings had been changed.
Many healthcare organizations that are up for renewals of cyber insurance policies are seeing big increases in premiums and a long list of new security requirements from their carriers, says Mac McMillan, who recently returned as CEO of the consultancy CynergisTek.
Google has removed eight fake cryptomining apps from its Play Store, but researchers at security firm Trend Micro have flagged 120 other apps on users' phones purporting to also be cryptomining. Users paid for services the eight apps never delivered.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The answer to the increasing volume of challenges is not to just add another tool into the mix, it's to add the tools the organization is already using into an integrated cohesive mix.
As applications are no longer tied to infrastructure, you need security controls at the workload level that are shared dynamically with security in your network - for real-time, multi-layered protection. Micro-segmentation allows you to isolate critical resources to control access and is an important part of Zero...
With more than 61% of breaches attributed to stolen passwords, a password manager can go a long way in helping enterprises enhance security, say Chandan Pani, CISO at Mindtree, and Lloyd Evans, identity lead, JAPAC, at LogMeIn.
Good news on the ransomware front: The average ransom paid by a victim dropped by 38% from Q1 to Q2, reaching $136,576, reports ransomware incident response firm Coveware. In addition, fewer victims are paying a ransom simply for a promise from attackers to delete stolen data.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
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