Cyber insurance can defray costs associated with data breaches and ransomware attacks. But Kelly Butler of the advisory firm Marsh & McLennan says insurers are tightening their requirements for policies due to rising costs associated with increasingly severe incidents.
A U.S. federal jury convicted former Twitter employee Ahmad Abouammo for spying on Saudi Arabian dissidents on behalf of Saudi Arabia. Additionally, the jury found him guilty of conspiracy to commit wire fraud, falsification of records and money laundering.
Three Nigerian nationals accused of participating in multimillion-dollar business email compromise fraud with a fixation on universities arrived in the United States after extradition from the United Kingdom. They allegedly attempted to steal more than $5 million.
A newly disclosed probe shows the Federal Trade Commission is investigating operators of BitMart, a cryptocurrency platform that lost $200 million of investor funds in one of the biggest crypto cyberattacks of 2021. The agency is scrutinizing the companies to see if they misled consumers.
Advanced, a critical software and services vendor to the U.K.'s National Health Service, confirms a ransomware attack by "financially motivated" threat actors is behind an IT outage that is still disrupting various NHS services, including 111. Some disruptions could last for weeks, the company says.
As CISO of West, a Williston Financial Group company, Bruce Phillips recognizes that cybersecurity is not the enterprise's core business. But what, then, is the right level of cybersecurity to bring to a nonsecurity business? He discusses this and other leadership challenges.
U.S. companies could see new cybersecurity rules and restrictions on consumer data collection under a rule-making process initiated by the FTC. No regulatory outcome is guaranteed, but today's advanced notice of proposed rule-making is a first step to new data security and privacy regulations.
Cisco says it fell victim to a successful hack attack and data breach in May. While an attacker wielding Yanluowang ransomware claimed to have exfiltrated data and crypto-locked systems, Cisco says nothing sensitive was stolen and no systems were infected by ransomware.
In this episode of "Cybersecurity Unplugged," Apiiro's Moshe Zioni, vice president of security research, discusses the company's "Secrets Insights 2022" report on the real-world risks of hardcoded secrets across the software supply chain and how to mitigate the potential damage they can cause.
The ISMG Security Report discusses how cyberattacks and operations tied to the Russia-Ukraine war have been affecting civilians since the start of Russia's invasion, whether a practicing cardiologist living in Venezuela is also a ransomware mastermind and effective bot management tooling strategies.
Black Hat USA 2022 opened with somber warnings from Chris Krebs about why application developers, vendors and the government need to solve major industry challenges. Key security executives also discussed DNS visibility, cloud security, patch management, APT strategies and supply chain woes.
Cloudflare credits hardware multifactor authentication with preventing bad actors behind a targeted phishing campaign from gaining access to its internal systems. Although attackers siphoned employee credentials, the hard key authentication requirement stopped attackers from snatching a soft token.
More than two years after being notified of it, Microsoft issued a fix for a Microsoft Windows Support Diagnostic Tool vulnerability known as DogWalk. The fix is part of the operating system giant's newest Patch Tuesday dump, which includes patches for 141 flaws.
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