Public companies disclosing a cyber incident under the new U.S. reporting requirements should focus on the business impact and stay away from the technical pieces, said Venable's Grant Schneider. The disclosure should examine how the incident will affect revenue, profitability and public perception.
German intelligence is warning Iranian expatriates about a state-sponsored espionage campaign driven by individualized social engineering techniques. Iran's authoritarian regime has long surveilled its Western diaspora in campaigns that have included cyberespionage, assassinations and terrorism.
In the latest weekly update, ISMG editors discuss the White House's debut of a $20 million contest to exterminate bugs with AI, a New York man admitting to being behind the Bitfinex hack, and a new malware campaign that is targeting newbie cybercriminals in order to steal sensitive information.
A nonprofit firm that administers government dental programs in Canada paid a "substantial" ransom for a decryptor key and the destruction of data stolen in a recent ransomware attack. But the company is now notifying nearly 1.5 million individuals that the hack compromised their data.
Threat actors are taking control of cloud-based Microsoft 365 accounts of C-suite executives using a multifactor authentication phishing tool. Proofpoint researchers say attackers use automation to identify in real time whether a phished user is a high-level profile company official.
Security researchers uncovered a vulnerability in AMD chips that could allow hackers to trick a computer system into leaking data from its kernel. They named the flaw after the 2010 movie "Inception," since both the hacking technique and the film's plot involve planting false ideas into memory.
In the latest "Proof of Concept," Mike Baker, VP/IT CISO at DXC Technology and a CyberEdBoard member, and Chris Hughes, co-founder and CISO at Aquia, join ISMG editors to explore the state of the software supply chain, MOVEit breaches and the role of SBOMs and transparency in software development.
A Chinese state-sponsored spy group called RedHotel has emerged as a dominant espionage agent against government entities of at least 17 countries worldwide. Researchers said the motives and operations of the group closely link it to China's Ministry of State Security.
At least 637 organizations have now confirmed that they were affected by the zero-day attack on MOVEit file-sharing servers that began in late May, collectively affecting 41 million individuals, report cybersecurity researchers who've been tracking the impact of Clop's data-theft campaign.
This week, Wall Street fined firms for using WhatsApp, NK hackers breached a Russian missile maker, Ivanti backtracked, ransomware attacks cost manufacturers $46B, a cyberattack shut down Gemini North Observatory, ad fraud targeted Android users and healthcare workers' personal info was breached.
One day after personal information for all 10,000 police officers and staff in Northern Ireland was accidentally exposed online, putting their safety at risk, the nation's police service said it's probing a laptop theft last month that may have exposed 200 employees' details.
Perimeter 81 will be sold to Check Point for $490 million, but it had to slash its valuation by more than half to seal the deal. Check Point said its proposed buy of New York-based Perimeter 81 will fuel the adoption of secure access across remote users, sites, cloud, data centers and the internet.
In this week's roundup of digital assets-related cybersecurity incidents, Fireblocks found bugs in 15 crypto wallets, Curve Finance recouped most stolen funds, ethereum saw a high flow of illicit funds, the NFT faded more, the U.K. posted crypto crimes jobs and South Korea arrested Bitsonic's CEO.
Changing technologies and markets require adapting an organization's overall cybersecurity strategy, including the scope of our risk management, and then reviewing and adjusting our operational program to deliver the revised vision, said Akm Hasan, head of cybersecurity at Hays PLC.
Ransomware incidents are down, but the volume and impact of targeted attacks are on the rise. These are among the findings of the new Global Threat Landscape Report from Fortinet's FortiGuard Labs. Fortinet's Derek Manky shares analysis of this report and insights on the cybersecurity trends that will influence how we...
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