The booming interest and sometimes surging values of cryptocurrencies are drawing the interest of cybercriminals on a scale never seen before - including attacks aimed at trying to steal computing power to mine cryptocurrency.
Leading the latest edition of the ISMG Security Report: Inside the darknet marketplaces that serve cybercrime-as-a-service buyers and sellers. Also, why the healthcare sector remains so bad at detecting data breaches and blocking ransomware.
In one of the largest HIPAA settlements ever, federal regulators have signed a $3.5 million settlement with a Massachusetts-based healthcare organization that reported five small health data breaches in 2012 involving lost or stolen unencrypted computing devices.
The number of data breaches reported by U.S. organizations reached an all-time high last year. In 2017, organizations that described how bad their breach was - and one-third did not - collectively lost 14 million payment cards and 158 million Social Security numbers, according to the Identity Theft Resource Center.
Federal regulators are warning healthcare entities and business associates to take action to prevent becoming the next victim of cyber extortion, such as a ransomware attack. What are the recommended steps? And what other insights do experts offer?
The U.S. government's idea to take the reins of the development of 5G mobile networks has been met with cynicism and criticism. But there are goods reasons the government is worried: Standards haven't been set in stone yet, and 5G will present a bevy of new security challenges. Here are some of them.
A class action lawsuit filed against Allscripts in the wake of a ransomware attack that recently disrupted patient care at hundreds of healthcare practices will spotlight a variety of critical security and legal issues, says Steven Teppler, the plaintiffs' attorney, in this in-depth interview.
The White House, fearing China is spying on phone calls, has suggested that the U.S. government take a primary role in marshaling the development of secure 5G networks. But would nationalizing 5G networks make them more secure?
So far in 2018, 15 health data breaches have been reported to federal regulators, affecting a combined total of nearly 391,000 individuals. But why are incidents involving ransomware still so rare on the federal health data breach tally?
Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
In the wake of a ransomware attack that disrupted patient care services for hundreds of Allscripts' customers, a class action lawsuit has been filed against the cloud-based electronic health records vendor for allegedly "failing to secure its systems and data from cyberattacks."
How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
After settling a breach lawsuit for $17.2 million, Aetna has signed another large settlement related to privacy breaches involving mailings to its health plan members. The latest settlement with the New York state attorney general's office involves two mailings last year.