Bankrupt cryptocurrency exchange platform FTX says unsanctioned actors made off with customers' digital assets, causing a scramble to secure digital wallets. Estimates of the amount of stolen money are in the hundreds of millions. FTX filed for bankruptcy Friday after entering a liquidity crunch.
President and CEO Sudhakar Ramakrishna says SolarWinds has done massive work implementing security into the build process since the company was hacked in late 2020. Testing, validating and qualifying the integrity of the company's source code has required significant effort, Ramakrishna tells ISMG.
This edition of the ISMG Security Report discusses how Australian health insurer Medibank is facing stark consequences for not paying a ransom to a group of cyber extortionists, how to limit unnecessary cybersecurity exposure during M&A, and how to manage challenges in hybrid environments.
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
Who is attempting to extort Australian health insurer Medibank? Why did Medibank tell its attackers it wouldn't pay a ransom? Will this deter future cyber extortionists? Here are a few thoughts on the high cybercrime drama playing out.
Convergence of the threat landscape looms large for defenders, and Cybercrime as a Service potentially will enable more destructive attacks at scale. These are among the 2023 threat landscape predictions of Derek Manky of Fortinet's FortiGuard Labs. He shares these and other insights.
Join Immersive Labs Appsec Experts, Mat Rollings and Kev Breen, as they discuss the latest threats and vulnerabilities affecting APIs in web applications.
A startup that was reportedly almost acquired by Palo Alto Networks for $600 million has instead raised $100 million to forge ahead on its own. App security vendor Apiiro plans to use the proceeds to strengthen its ability to analyze code and developer activities across the software supply chain.
The latest edition of the ISMG Security Report discusses how Australian health insurer Medibank is deliberating on whether to pay a ransom to extortionists, analyzes the growing number of layoffs in the security vendor space, and shares a tribute to threat intelligence researcher Vitali Kremez.
Tributes are being paid to Vitali Kremez, who has died at the age of 34 in a suspected scuba-diving accident. The renowned threat intelligence expert, born in Belarus, had long tracked Russian cybercrime syndicates and was part of an ad hoc group established to counter ransomware and help victims.
Should Australia's Medibank health insurer pay extortionists to prevent the release of sensitive medical documents related to millions of Australians? There's no easy answer to remedying what is the most severe cybercriminal incident in Australian history.
Organizations expect the IT security landscape to be consistent - from builds and hardware to operating systems - but for product security, everything Honeywell makes is a snowflake with flexible, highly tailored design across many technologies, says Honeywell Product Security Chief James DeLuccia.
Software as a service - it's the new shadow IT, says Phyllis Woodruff of Global Payments. And it highlights the new challenges arising for security leaders overseeing their organizations' cloud migrations. She discusses how to make cloud "bulletproof" for business teams.
Splunk and Zscaler have partnered to deliver a superior, Zero Trust approach to security. The tightly integrated, best-of-breed cloud security and security analytics platforms deliver a cloud experience for the modern, cloud-first enterprise.
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