In the latest weekly update, four ISMG editors discuss: a federal judge imposing the maximum sentences on a hacker who pleaded guilty to conspiracy and aggravated identity theft, regulators getting tougher on cryptocurrency lending platforms and the return to in-person roundtables.
A compromise of sensitive health information affecting nearly 38,000 individuals discovered nearly a year after a terminated company executive accessed the data spotlights some of the top security and privacy challenges covered entities and business associates face with insiders.
A new self-assessment tool aims to help public and private sector organizations assess their level of vulnerability to insider threats, according to CISA. The agency also indicated this week it will keep its "rumor control" website active ahead of the 2022 midterm elections.
All enterprises face potential losses due to insider threats, whether the threat actors are malicious or otherwise. This white paper delves into
All enterprises face potential losses due to insider threats, whether the threat actors are malicious or otherwise. This white paper delves into where insider threats come...
A dual citizen of Pakistan and Grenada has been sentenced to 12 years in prison for orchestrating a seven-year scheme that unlawfully unlocked nearly 2 million AT&T smartphones, which the carrier says amounted to $200 million in subscriber losses, according to the U.S. DOJ.
Three former U.S. Intelligence Community and military personnel have agreed to pay more than $1.68 million to settle federal charges for providing hacking-related services to the United Arab Emirates, according to the U.S. Department of Justice.
The Department of Defense did not effectively control access to the health information of high-profile personnel, says a new watchdog agency report, which hints that the findings also may indicate ineffective access control over other DoD employees' health records.
Cyber criminals are getting bolder and more sophisticated with their threats. No matter what kind of business you are in, you are likely to run into ransomware threats. During a ransomware attack, organizations - big and small - struggle to maintain productivity, preserve brand reputation and come up with a payment...
A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe - or a portion of any ransom collected - to employees of targeted organizations if they will install DemonWare ransomware on their corporate network.
Security leaders face numerous challenges, including software vulnerabilities, third-party supplier liabilities, and distracted employees who may not realize their security behaviors are putting the company at risk. While many organizations focus on mitigating external threats, 30% of data breaches actually involve...
The Australian Cyber Security Centre (ACSC) responded to 2,266 cyber security incidents at a rate of almost six per day from July 2019 to June 2020. These attacks not only disrupt the businesses but translate to costing the economy up to $29 billion per year which is 1.9% of Australia’s gross domestic product (GDP)....
Global research uncovers IT security leaders’ key strategies for cloud complexity, remote work and supply chain attacks.
Security organizations have always been hard-pressed to keep up with the rising tide of data, the ever-expanding perimeter, and the increasing frequency and sophistication of attacks. Our...
A 30-year-old Greek national has been indicted on charges of selling insider trading tips and other proprietary financial data on darknet sites. Apostolos "The Bull" Trovias faces securities fraud and money laundering charges.
To crack down on insider fraud, organizations should consider using artificial intelligence, machine learning, data analytics, data visualization software, predictive modelling and social network analysis, says Roger Darvall-Stevens, a fraud and forensic services expert at the consultancy RSM Australia.
The Justice Department has filed seven new criminal charges against Paige Thompson, who is suspected of hacking Capital One in 2019, compromising the data of 100 million Americans, including exposing hundreds of thousands of Social Security numbers. If convicted, She now faces a possible 20-year sentence.