This edition of the ISMG Security Report features an analysis initiatives unveiled by the Biden administration to enhance supply chain and critical infrastructure security and address the cybersecurity skills gap. Also featured: LockBit 2.0 ransomware rep 'tells all'; misconfigured Microsoft Power Apps.
The Biden administration unveiled a package of supply chain and critical infrastructure security initiatives following a meeting at the White House with tech executives and others. Companies such as Google and Microsoft also promised billions in spending on cybersecurity over the next several years.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
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.
Australia's data regulator says organizations hit by ransomware may be underreporting data breaches because they haven't thoroughly figured out if data was taken. But an "absence of evidence" of a data breach in a ransomware attack isn't sufficient to declare that no data was taken.
The latest edition of the ISMG Security Report features an analysis of the cybercrime-as-a-service model and how law enforcement could potentially disrupt it. Also featured: T-Mobile probes a massive data breach; tackling abuse in the workplace.
T-Mobile USA says its massive data breach is worse than it first reported: The count of prepaid and postpaid customers whose information was stolen has risen to 14 million. Also revised upward: its count of 40 million exposed credit applications from former customers and prospects.
T-Mobile USA has confirmed that its systems were breached and that details for 7.8 million current T-Mobile postpaid customers and 850,000 prepaid customers as well as records for 40 million individuals who applied for credit were stolen.
Memorial Health System in Ohio is the latest healthcare entity to be hit with an apparent ransomware incident that is disrupting patient care services.
When is a data exposure not just a data exposure? According to a U.S. Securities and Exchange Commission order, education publishing giant Pearson misled investors when it failed to proactively inform them that attackers had stolen millions of rows of student information, including poorly hashed passwords.
The ransomware attack that targeted Colonial Pipeline Co. in May compromised the personal information of more than 5,800 individuals, mainly current and former employees, according to a breach notification letter.
What are the latest cybersecurity issues? Join four Information Security Media Group editors as they describe the top issues of the week, including the risk of cyberattacks provoking a kinetic response, as well as top healthcare CISOs' tips for handling supply chain security, resiliency and ransomware.
The recent ransomware attack that disrupted Scripps Health's IT systems and patient care for nearly a month has so far cost the San Diego-based organization nearly $113 million, including $91.6 million in lost revenue, according to a financial report the nonprofit entity filed this week.
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