JPMorgan Chase will earmark $12 billion for technological updates - including cloud migration, upgrading legacy architecture, data strategy, and emerging technologies. About half of this budget will go toward security modernization, while the other half will be invested into digital innovation.
Federal regulators have released the final versions of the long-awaited Trusted Exchange Framework and Common Agreement, which provide a governance framework to promote secure, interoperable nationwide health information exchange - an effort that has been in the making for years.
Privacy regulators in Europe last year imposed known fines totaling more than $1.2 billion under the EU's General Data Protection Regulation, including two record-breaking sanctions, law firm DLA Piper finds. The total value of fines in 2021 was nearly a sevenfold increase from that seen in 2020.
People are leaving their jobs in droves during the "Great Resignation," and the cybersecurity industry is not immune to the trend. Mike Hamilton, the former CISO for the city of Seattle, warns organizations about the opportunities this presents for cybercriminals and outlines how employers can work to retain talent....
After the defacement of multiple Ukrainian government websites last week and subsequent deployment of destructive malware against Ukraine over the weekend, Lithuanian officials have offered to deploy the EU's Cyber Rapid Response Team to help Ukraine deal with cyberattacks.
Spyware from controversial Israeli firm NSO Group was reportedly used by the nation's civilian police force, according to a new report from an Israeli business publication. Its findings allege that the Israel Police conducted warrantless phone taps on Israeli politicians and activists, among others.
A new threat group linked to China, dubbed "Earth Lusca" by researchers, is not only running cyberespionage campaigns against governments around the globe, but also seeking financial gain.
GAO auditors say in a new report that the federal government's response to both the SolarWinds software supply chain attack and the exploitation of Microsoft Exchange Servers in 2021 sharpened its coordination efforts, but also exposed information-sharing gaps.
Threat actors who use data-sharing website Doxbin have had passwords, decryptor keys, multifactor authentication codes and stealer log information leaked online, according to some security experts. Doxbin is used by threat actors to dump victims' personally identifiable information.
In the midst of a global pandemic, the federal breach tally shows that a record number of major health data breaches were reported in the U.S. in 2021, and the overwhelming majority of them involved hacking/IT incidents. Will those trends continue in 2022?
The defacement of Ukrainian government websites may have been intended as a smokescreen for a destructive malware attack that failed to execute or has yet to be unleashed, some security experts warn. Ukraine continues to investigate the attack, which it suggests may trace to Russia, Belarus or both.
Russian authorities have charged eight individuals with crimes tied to the REvil ransomware operation, after raiding 25 properties and detaining 14 suspects, thanks in part to U.S.-shared intelligence. The White House says one of the suspects was also responsible for last year's attack on Colonial Pipeline.
Risk management is essential to the existence of every business. It requires organizations to consider which risks they can accept and which risks they can mitigate. But the problem with risk acceptance is that attackers are "actively looking for risks that you haven't mitigated that they're able to exploit," says...
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