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.
Fraudsters are using Google forms to target retail, telecom, healthcare, energy and manufacturing companies in an apparent reconnaissance campaign to identify targets for a possible follow-up business email compromise attack.
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.
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.
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.
Documents on COVID-19 vaccines and medications - including some containing personal information - that were stolen in a cyberattack last month on the European Medicines Agency have been leaked on the internet.
The "remote workforce" of 2020 is gone. Now we're talking about the new, permanent "branch office" - and it comes with its own unique set of cybersecurity concerns, says Derek Manky of FortiGuard Labs. He discusses new social engineering trends and how to respond.
From contact tracing to data transfer to the new California Privacy Rights Act, 2021 already is shaping up to be a big year for privacy. Trevor Hughes, CEO and president of the International Association of Privacy Professionals, offers a "state of privacy" overview.
This edition of the ISMG Security Report features an analysis of the very latest information about the SolarWinds hack. Also featured are discussions of "zero trust" for the hybrid cloud environment and data privacy regulatory trends.