Australia started operating an international ransomware task force to facilitate information sharing and best practices worldwide. “Recent cyber incidents in Australia and around the globe are a stark reminder of the insidious nature of ransomware," said Minister for Home Affairs Clare O'Neil.
Nation-state attackers are not just looking for major vulnerabilities to gain control of the enterprise. They are exploiting minor flaws to gain access and increase the severity of their attacks, says Matanda Doss, executive director of cybersecurity and technology controls at JPMorgan Chase.
In this episode of "Cybersecurity Unplugged," David Derigiotis of insurtech Embroker discusses the complex world of cyber liability insurance, including the collapse of crypto exchange FTX, recent breaches, and improvements in the cyber insurance industry.
Thoma Bravo, Vista Equity Partners and rival Francisco Partners have set their sights on a new target: Sumo Logic. Each of the three private equity firms has approached the Silicon Valley-based data analytics software vendor expressing interest in a possible acquisition, The Information reports.
As artificial intelligence, or AI, grows in popularity for simplifying workflows and diagnosing patients, healthcare leaders need to understand that AI use is also increasing among cyberattackers and take action to prevent its use for malicious purposes.
Bad news for ransomware groups: Experts find it's getting tougher to earn a crypto-locking payday at the expense of others. The bad guys can blame a move by law enforcement to better support victims, and more organizations having robust defenses in place, which makes them tougher to take down.
Cybersecurity researchers say a Chinese for-profit threat group tracked as 8220 Gang is targeting cloud providers and poorly secured applications with a custom-built crypto miner and IRC bot. The malware can slow system performance, drive up costs and expose systems to security risks.
Optiv has gone beyond examining log data and classic managed security services work to pursue threats across a broader swath of structured and unstructured data. The company has focused on finding threats outside of a log environment by examining system-to-system interfaces and transactional data.
In the latest weekly update, ISMG editors discuss why being a CISO is like being the first family doctor in a small village, why you can't trust ransomware gangs such as LockBit, and why cloud security vendor Netskope took on $401 million in debt from Morgan Stanley to fuel its SASE offering.
Security appliances are targets for sophisticated threat actors who take advantage of devices' limited configuration and logging features, as well as their incompatibility with endpoint detection and response. Suspected Chinese hackers took advantage of a Fortinet zero-day to implant a backdoor.
Competition between rival Russian-language darknet markets remains fierce since police shuttered Hydra last year. The latest to fall dark is Solaris, which controlled an estimated 25% of the darknet drug trade. It got hacked by newcomer rival Kraken. But that wasn't Solaris' only problem.
eSentire has used the $325 million it received in February to leverage data from its Atlas XDR platform and strengthen customers' positions around cyber resiliency. The Kitchener, Canada-based company has shifted its focus from alerts and data to business worries and business risk.
Contractors for the Federal Aviation Administration who attempted to correct a database synchronization issue ended up causing an hourslong outage to a key flight safety system, says the agency. No evidence exists that hackers caused the Jan. 11 airspace snafu.
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