French film production and distribution company Pathe fired the two senior managers overseeing its Dutch operations after they fell victim to a business email compromise scam and approved $21 million in transfers to fraudsters. Many organizations remain at high risk from such scams.
The FDA's recently issued draft document updating its premarket medical device cybersecurity guidance originally issued in 2014 contains several important provisions, says regulatory attorney Yarmela Pavlovic, who explains the details.
Hackers behind the FASTCash ATM cash-out attack campaign - tied by the U.S. government to North Korea - use Trojan code designed to exploit bank networks running outdated versions of IBM's AIX Unix operating system, Symantec warns.
An analysis of a crackdown on criminals' use of encrypted communications leads the latest edition of the ISMG Security Report. Also: a preview of ISMG's Healthcare Security and Legal & Compliance summits, including expert insights on vendor risk management.
Once again, a supposedly secure service allegedly marketed to criminals has proven to have limits. Dutch police have busted a "cryptophone" operation, allowing them to decrypt more than 258,000 encrypted chat messages, leading to a drug lab bust, 14 arrests and the seizure of cash, drugs and weapons.
Symantec has announced not one but two acquisitions of private cybersecurity firms: Javelin Networks and Appthority. Meanwhile, a private equity firm announced that it will acquire application security testing firm Veracode from Broadcom for $950 million in cash.
As organizations investigate public and private blockchains to secure transactions and facilitate peer-to-peer transactions, they must ensure they know who's responsible, what the system is doing, what the cybersecurity and legal risks are and who's managing it, says attorney John Salmon.
As we approach 2019, is it realistic to think the end of our dependency on traditional user names and passwords is in sight? Shane Weeden, and authentication expert with IBM Security, discusses the future of authentication and why he's encouraged by the FIDO2 initiative.
With the U.S. midterm elections occurring on Tuesday, the "trump" keyword remains king for spammers. "Spam campaigners understand the value of brands, and for spam as for ballots, and whether for or against, the election is all about Trump," security firm Proofpoint says.
Identity and access management is not about compliance anymore - It's really about security, says Gartner's Felix Gaehtgens. With cloud, virtualization, DevOps and other IT trends, IAM has evolved from being a one-off project to an ongoing initiative.
Malicious bots and botnets are becoming increasingly common and sophisticated, and enterprises need to address them in their risk assessments and security frameworks, says Akamai's Aseem Ahmed.
An Iowa eye clinic and its affiliated surgery center recently recovered from a ransomware attack on their common systems within one day and without paying a ransom. This case offers important reminders to other healthcare entities and their vendors about advance planning.
An advisory council is again urging the Department of Health and Human Services to allow certain donations of cybersecurity technology and services to smaller healthcare providers. Greg Garcia of the council, who will keynote ISMG's upcoming Healthcare Security Summit in New York, explains why.
IBM plans to acquire enterprise Linux open source software provider Red Hat in a "hybrid cloud" deal valued at $33 billion that IBM CEO Ginni Rometty promises will be a "game changer." Market watchers say IBM has been struggling to find new revenue growth opportunities.
Digital transformation is putting tremendous pressure on IT security. Whether it's discovering short-lived assets (e.g., containers), assessing cloud environments or maintaining web application security, IT security priorities do not have to be at the mercy of digital business initiatives.
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