Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
The latest edition of the ISMG Security Report features an analysis of the cybersecurity challenges the Biden administration must address. Also featured: payments security advice from Verizon; the outlook for the lifting of restrictions tied to the COVID-19 pandemic.
Identifying and fixing security gaps in a cloud architecture may not appear very different from doing the same for on-premises environments. But there are a variety of nuanced differences that can be easy to overlook. If you fail to appreciate and account for them, these misconfigurations can cause security blind...
Businesses that have had to support virtual services and remote workers have taken bold digital transformation steps during the pandemic. The momentum they’ve achieved, as a result, will be difficult to let go. Securing the changes already implemented as well as the changes yet to come in the ‘next normal’ is...
Within the last few years, digital transformation and Cloud services have increased the
complexity of IT infrastructure, making you reliant on multiple third
parties to keep your data safe. The threat landscape has also increased in breadth and depth with more
attacks, more kinds of attacks and more targeted...
On the final full day of the Trump administration, HHS prepared to publish proposed changes to the HIPAA Privacy Rule this week. Plus, it revealed plans to ease off on HIPAA enforcement when organizations use certain web-based applications to schedule COVID-19 vaccinations.
As the U.S. marks its first anniversary of fighting COVID-19, pandemic expert Regina Phelps says the next several, critical weeks come down to two vital words: vaccines and variants. "Those are going to determine our destiny for the long and foreseeable future," she says.
Attacks have become increasingly sophisticated, and often are invisible and undetectable by legacy security solutions. You read about these successful data breaches almost on a daily basis. Security analysts do what they can with legacy tools, but these tend to swamp analysts with alerts that are difficult to...
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
Researchers at the security firm Proofpoint are tracking several fraud schemes leveraging COVID-19 vaccine-themed emails. The schemes include business email compromise scams, messages with malicious attachments and phishing emails designed to harvest credentials.
The U.S. Cybersecurity and Infrastructure Security Agency warns that hackers are increasingly targeting cloud services by waging phishing schemes and brute-force attacks. CISA recommends a number of defenses, including regularly reviewing Active Directory sign-in logs and enforcing multifactor authentication.
Third parties are one of the top attack vectors and according to a recent
Ponemon report, in the last three years, the financial services industry
experienced the second most third-party breaches despite spending the
most time on assessments (over 17,000 hours/year).
In response to the growing threats, regulators...
Cyber criminals are taking advantage of the
economic uncertainty plaguing the Oil & Gas industry.
Download this summary to learn more about the true cost of cyber dangers facing
the industry and how control your third party risk.