In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
The Federal Reserve's online money transfer system, including Fedwire Funds and FedCash, suffered an outage for more than three hours Wednesday afternoon, with the Fed citing technical issues as the cause and not a cyber incident. Systems were restored by late afternoon.
The Good Health Pass Collaborative is developing a road map for digital health passes that international travelers could use to prove they have been tested for COVID-19. Dakota Gruener, executive director of ID2020, which launched the project, describes the effort, including privacy-protection measures.
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Following the hacking of a Florida water treatment plant, CISA is warning the operators of other plants to be on the lookout for hackers who exploit remote access software and outdated operating systems - and to take risk mitigation steps. The advice applies to other organizations as well, some security experts say.
In the wake of COVID-19-accelerated transformation and the SolarWinds hack, the importance of understanding your organization's digital exposure is more critical than ever. In this latest Cybersecurity Leadership panel, CEOs and CISOs discuss asset discovery and attack surface vulnerability.
After being hit by SolarWinds hackers, the Administrative Office of the U.S. Courts instructed the nation's district courts to restrict the filing of sensitive information to hard copy or "secure electronic devices." But will this defense create an even bigger bureaucratic fallout than the attack itself?
Maze was one of the most notorious and successful ransomware operations of recent years until its apparent "retirement" and handover to Egregor in November 2020. Some rivals have suggested both groups have ties to the Russian government. But is that just sour grapes, or even simply an attempted scam?
Ransomware operations continue to come and go. The notorious Maze ransomware gang retired last year, apparently replaced by Egregor, while new operators, such as Pay2Key, RansomEXX and Everest, have emerged. But in recent months, experts say, just six operations have accounted for 84% of attacks.
It's one thing to plan for a remote workforce. Quite another when you suddenly have to deploy and support it - at 100%. Martin Mazor of Entertainment Partners discusses the vital role of identity in his enterprise's unique business.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
The latest edition of the ISMG Security Report features an analysis of the cybersecurity challenges the Biden administration must address. Also featured: payments security advice from Verizon; the outlook for the lifting of restrictions tied to the COVID-19 pandemic.
The U.S. Cybersecurity and Infrastructure Security Agency warns that hackers are increasingly targeting cloud services by waging phishing schemes and brute-force attacks. CISA recommends a number of defenses, including regularly reviewing Active Directory sign-in logs and enforcing multifactor authentication.
Third parties are one of the top attack vectors and according to a recent
Ponemon report, in the last three years, the financial services industry
experienced the second most third-party breaches despite spending the
most time on assessments (over 17,000 hours/year).
In response to the growing threats, regulators...
Attacks through third parties are even more prevalent, which jeopardizes not only the security of sensitive data, but it also provides attack vectors for hackers to take down critical systems via IoT, unauthorized access, etc. Supply chain systems are an integral part of the oil and gas industry’s survival and bad...