Insider threats continue to rise, increasing 44% over two years, according to the 2022 Ponemon Cost of Insider Threats report. With growing corporate layoffs and challenging financial conditions, there is a clear risk of disgruntled employees exfiltrating IP and financial data. Some of the most challenging threats to...
While financial fraud has been prevalent for years, businesses still struggle to find it among large pools of data. In this second installment on accounting fraud, a panel of experts discussed the challenges including a lack of resources, skills and tools to identify fraud.
A Cleveland-based healthcare system is notifying a not-yet-disclosed number of individuals about an incident involving unauthorized medical records access by an employee that continued for 15 years. The safety-net organization says the worker has been disciplined.
In this post of his blog "A CISO's View," security director Ian Keller discusses the importance of having mechanisms in place to report potential personal compromise or potential compromise of another person in your company and provides simple steps for making security everyone's responsibility.
Banks are facing unprecedented challenges in securing their digital ecosystems while maintaining cost efficiency. With cybercriminals increasingly targeting the financial industry, banks face risks to their reputation as trustworthy partners. With data breach costs averaging nearly $6 million per incident, banks...
An IT security analyst has confessed to trying to blackmail his employer by altering ransom notes sent from a hacker to a board member and changing the cryptocurrency payment address to one he controlled. After his employer detected the unusual activity, U.K. police traced it back to the worker.
Nickolas Sharp, a one-time employee of Ubiquity who pleaded guilty to insider hacking received Wednesday a six year prison sentence. He admitted guilt on Feb. 2 to three criminal counts including transmitting a program to a protected computer that intentionally caused damage.
The definition of insider threat seems to have evolved since the hybrid workforce became the norm. More organizations are now talking about the "compromised insider." Randall Trzeciak of Software Engineering Institute said that in the last three years, insider threats have changed to insider risks.
The arrest of a low-level U.S. military IT specialist, Jack Teixeira, on suspicion of leaking highly classified documents begs the question of why he had access to them in the first place. The national guard airman has been charged with inappropriately retaining and sharing intelligence.
A member of the Massachusetts Air National Guard has been arrested for leaking highly classified military and intelligence documents. The U.S. Department of Justice announced that Jack Teixeira, 21, was taken into custody by FBI agents following the leaking of more than 100 documents.
Spoiler alert: In 2022, audits found open source in 100% of our customer engagements.
Since open source usages are now so pervasive, companies are increasingly concerned about the security of applications built on the foundation of open source components. Consequently, open source security and license compliance...
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
As per ACSC, in the 2021-22 financial year (FY22), they have received over 76,000 cybercrime reports. That is one report every seven minutes (or over 200 reported cyber incidents every day).
Australian security teams must exercise caution when relying on legacy protection methods like antiviruses. A modern...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing govinfosecurity.com, you agree to our use of cookies.
