In an usual move, federal regulators have made arrangements to have a cyber insurer cover a $2.3 million HIPAA penalty on behalf of a bankrupt cancer care clinic chain, 21st Century Oncology, which also signed false claims settlements totaling $26 million.
Bitcoin-seeking phishing attacks have been trying to socially engineer would-be cryptocurrency exchange executives, warn researchers at Secureworks. The attacks use Word documents with malicious macros and control code previously seen in attacks launched by the Lazarus Group, which has been tied to North Korea.
The latest ISMG Security Report leads with a report on a malware attack on an industrial safety system that experts contend could threaten public safety. Also, legislation giving DHS's cybersecurity unit a meaningful name progresses through Congress.
Bitcoin's massive rise in value and hype continues to draw the attention of hackers, scammers and organized crime. Flaws in bitcoin mining firmware and hacks of wallet software show that the infrastructure associated with cryptocurrency is not always well-secured.
A new U.S. law signed by President Donald Trump prohibits federal agencies from running anti-virus software from Moscow-based Kaspersky Lab. The company criticized the action, saying it's being singled out based solely on where its corporate headquarters is located.
Most of the criminal activity targeting today's enterprises originates at the endpoint, and the majority of modern breaches use known threats or vulnerabilities for which a patch already exists. For this reason, endpoint visibility must be complete and continuous.
Organizations should take an "inside-out" approach to mitigating the insider threat, says Brandon Swafford of Forcepoint, who explains the components of that approach in an in-depth interview.
The adoption of "unconventional" security controls that are risk-driven can help organizations adapt to the changing cyber threat landscape, says Jim Routh, CISO at health insurer Aetna.
A group of Russian-speaking hackers over the past year-and-a-half has stolen nearly $10 million from banks, mostly in the United States, Britain and Russia, the Moscow-based, according to cybersecurity firm Group-IB.
Cybercriminals continue to rely on individuals who undertake the risky operation of moving illicit proceeds from one location to another. But these "money mules" face a multitude of risks, including imprisonment, police warn.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
Ethiopian dissidents living overseas had their devices infected with spyware made by an Israeli defense company, Canadian researchers allege. Their findings have revived longstanding concerns over some governments' potential abuse of powerful surveillance tools.
The HITRUST Cyber Threat Xchange played a role in making U.S. healthcare organizations aware of the worldwide WannaCry ransomware campaign early enough to help them thwart the threat, says HITRUST's Elie Nasrallah.
The hacker to whom Uber paid $100,000 to destroy data and keep quiet about its big, bad breach is a 20-year-old man living in Florida, Reuters reports. But numerous questions remain about the 2016 breach, including whether the payment was a bug bounty, extortion payoff or hush money.
The Department of Health and Human Services has taken important steps to fight Medicare and Medicaid fraud, but can further strengthen its efforts in several ways, according to a new GAO report. GAO estimates that in fiscal 2016, improper Medicare and Medicaid payments totaled about $95 billion.
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