The maker of the world's most popular VPN service hauled in $100 million on a $3 billion valuation to accelerate growth through mergers and acquisitions. The Warburg Pincus-led investment will allow the Lithuania-based internet privacy and security vendor to expand its product offering.
Specialty infusion company Amerita is facing a proposed federal class action lawsuit in the wake of a March cyberattack on its parent company, PharMerica, which reported a breach affecting nearly 6 million individuals. Amerita recently reported its own breach that affected about 220,000 people.
This week: Johnson Controls suffers a ransomware attack, the Philippine state health insurance program struggles to recover from a ransomware and Air Canada reports a cyberattack. Also: an APT group uses the American Red Cross as bait and new malware targets would-be users of Bitwarden.
U.S. President Joe Biden says he expects to soon sign an executive order detailing how the United States can harness opportunities of artificial intelligence while protecting citizens from "profound" risks. The United States is far from enacting comprehensive AI regulation.
This week: Mixin Network investigated a $200 million hack, Web3 lost $889 million to hacks, phishing scams and rug during the third quarter, hackers stole $8 million from HTX, Binance sought to dismiss the SEC wash trading case; and Nansen and OpenSea suffered third-party security incidents.
Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.
A medical center president and school district IT leader talked to lawmakers Wednesday about lessons learned from their experiences responding to harrowing ransomware attacks. 'The cyberattack was much harder than the pandemic by far,' said Vermont Medical Center President Stephen Leffler.
An apparently new hacking group has connections to a number of name-brand ransomware-as-a-service groups including Conti spinoffs and possibly Clop, making it a notably versatile addition to the criminal underground. Group-IB researchers dubbed the group ShadowSyndicate.
The FDA has issued final guidance on how medical device makers should approach cybersecurity in their products to meet new requirements for including cyber details in their premarket product submissions. Starting Oct. 1, the FDA will "refuse to accept" submissions lacking those details.
A Chinese hacking group linked to state authorities has upgraded its capabilities to target companies with headquarters in the United States and East Asia, warns an alert from Japanese and American cyber agencies. The group, BlackTech, has a customized firmware backdoor tailored for Cisco routers.
Sony is investigating an apparent leak of internal data posted onto the dark web and a criminal hacking board by separate criminal actors. Sony is saying little other than, "We are currently investigating the situation, and we have no further comment at this time."
CISA Director Jen Easterly urged citizens to boost their defenses by choosing strong passwords, opting for multifactor authentication, reporting phishing and enabling automatic software updates. Easterly said users should choose passwords that are complex and unique to each sensitive account.
The United States and South Korea reaffirmed a commitment to mitigate the risks in technologies including AI, 5G networks and cloud computing, while developing an "inclusive approach" to govern their use. The two countries said governance must support the development of trustworthy AI.
Android banking Trojan Xenomorph has resurfaced in a new campaign targeting cryptocurrency wallets and various financial institutions. The malware has been actively targeting users in Europe and is now focused on institutions in the United States, Canada, Spain, Italy, Portugal and Belgium.
Microsoft updated Windows 11 on Tuesday to simplify passwordless adoption, protect against malicious code and have the ability to refresh configuration in the event of tampering. Updates to Windows 11 allow users to replace passwords with passkeys to stop hackers from exploiting stolen passwords.
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