The Federal Reserve has published its long-awaited discussion paper on a central bank digital currency. In it, the Fed points to the innovative qualities of digital currencies, but stresses potential risks to the nation's financial system, including heightened cyberthreats and privacy concerns.
Cyberattacks remain a critical security concern - and a top patient safety hazard - for the healthcare and public health sector in 2022, federal authorities and other experts warned this week. Will recent takedowns of ransomware criminal gang members by law enforcement agencies help?
The European Union has initiated plans to build its own high-performance and secure DNS resolution infrastructure to reduce reliance on a few public DNS resolvers operated by non-EU entities. The service, named DNS4EU, is to be made available to all EU citizens and organizations.
Since Jan. 1, security researchers have identified six vulnerabilities affecting hundreds of thousands of WordPress websites. Cybersecurity experts say that the ubiquity of the content management platform makes it a prime target for attackers, and they offer holistic security solutions.
In the latest weekly update, four ISMG editors discuss the state of cyber insurance today and why its future is uncertain; applying a security-by-design reliability model to analyze vulnerabilities; and how Russia takes down members of the REvil ransomware group as cyber aggressions in Ukraine rise.
Although flaws in Apache Log4j software that need remediating remain widespread in organizations, "some of them are aware of the issue, some of them aren't aware of the issue, and likely this issue is going to be persisting with us for many, many years," says Jeff Macko, an offensive security expert at Kroll.
When it comes to cyber intrusions launched by one nation-state against another, where's the red line? While blame has yet to be cast for a wiper malware attack against Ukrainian government systems, researchers say the infections tie to network intrusions that began last summer.
Singaporean cryptocurrency exchange Crypto.com confirms that its platform fell victim to a multimillion-dollar cyberattack. In a postmortem entry on its site, Crypto.com says unauthorized withdrawals targeted Ethereum and Bitcoin of 483 users. Associated losses were near $34 million.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
The latest edition of the ISMG Security Report features an analysis of whether the cyberattacks that hit Ukraine's government agencies last week are attributable to any group or nation-state along with updates to the cybersecurity executive order and illicit cryptocurrency trends.
New developments have emerged in the case of the Israel Police allegedly using the flagship spyware of NSO Group, Pegasus, on its own citizens, with reported targets including critics of former Prime Minister Benjamin Netanyahu, among others. Following a bombshell local report, high-ranking Israeli officials have...
The U.K. government is considering new measures to boost cybersecurity standards in the country. The proposed laws recommend levying large fines on essential digital service providers for noncompliance with strict cybersecurity rules, and improving incident reporting.
More information continues to emerge about the destructive malware attack that targeted Ukrainian government systems last week. As a probe continues, numerous questions about the incident remain unanswered. But the three-stage wiper attack, disguised as ransomware, apparently hit few systems.
When Marcel Lehner was hired to be the CISO of MM Group in Vienna, his mandate was clear: to better embed information security management and governance throughout the manufacturer's organization. To do that, he ran a "hearts and minds" campaign to communicate his vision and strategy and boost uptake.
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