Thoma Bravo is eyeing its third take-private security deal of 2022, initiating talks with Darktrace months after agreeing to buy SailPoint and Ping Identity. The cybersecurity AI firm says it's in early discussions with private equity giant Thoma Bravo on a possible cash offer for the business.
Research by Dun & Bradstreet says business identity fraud jumped 254% last year. Tools can help prevent this fraud but may create greater friction, say Andrew La Marca, senior director at Dun & Bradstreet, and Ralph Gagliardi, agent in charge, High Tech Crimes Unit, Colorado Bureau of Investigation.
Signal says 1,900 of its customers have been affected by the recent phishing attack on its third-party vendor Twilio. Signal says phone numbers and SMS verification codes of 1,900 customers are compromised, potentially transferring access of these accounts to the attackers.
A lawsuit by an Idaho-based data marketing and analytics vendor against the U.S. Federal Trade Commission is the latest legal dispute spotlighting growing privacy concerns related to the tracking and collection of consumers' healthcare-related and location data.
ENISA’s new "Threat Landscape for Ransomware Attacks" report analyzes 623 ransomware incidents in the EU, U.K. and U.S. from 2021 to 2022. ENISA cybersecurity officer Ifigeneia Lella shares how attacks have evolved and how 95% of reported incidents lack key data about how the breaches occurred.
A well-managed multi-cloud strategy "is a sensible approach" because it allows organizations to move different workloads between providers, but it gets a "bit more complicated when you start thinking about workload portability," says Lee Newcombe, security director, Capgemini U.K.
Dutch police have arrested a man accused of working as a developer for Tornado Cash. "He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies via the decentralized Ethereum mixing service," Dutch authorities say.
Some 60 breaches affecting about 2.5 million individuals were added in July to the federal tally of major health data breaches. A vast majority of 2022 breaches continue to be linked to large hacking incidents and ransomware demands - with 40% tied to outside vendors.
The U.S. Consumer Financial Protection Bureau is warning lenders they can be liable for data breaches for causing consumers "substantial injury." To avoid liability, the bureau recommends that banks implement multifactor authentication and especially Web Authentication.
A "secure message-themed" phishing campaign targeting healthcare providers aims to lure recipients to an Evernote notepad website in an attempt by hackers to harvest security credentials, federal authorities warn, saying the scheme puts entities at risk for potential data security compromises.
The co-chairs of Congress' Cyberspace Solarium Commission request an "urgent briefing" with Biden administration officials to discuss the state of cybersecurity in the healthcare and public health sector and call for actions to address rising cyberthreats.
In the latest weekly update, four ISMG editors discuss the breach of customer engagement platform Twilio, a cyberattack on the U.K.'s NHS that has reignited concerns about supply chain security in the healthcare sector, and the U.S. Treasury clamping down on shady cryptocurrency mixers.
Ransomware-wielding attackers continue to seek new ways to maximize profits with minimal effort. Top tactics spotted recently by experts include continuing to partner with initial access brokers and botnet operators and testing new monetization models, such as "mediation as a service."
Enterprises spend a lot of time on what zero trust is, but too little time on design thinking - and why cybersecurity solutions need that element baked in from the start. Brian Barnier and Prachee Kale of ThinkDesignCyber and CyberTheory Institute give an overview of their zero trust strategy.
Cyber insurance can defray costs associated with data breaches and ransomware attacks. But Kelly Butler of the advisory firm Marsh & McLennan Companies says insurers are tightening their requirements for policies due to rising costs associated with increasingly severe incidents.