In the midst of a global pandemic, the federal breach tally shows that a record number of major health data breaches were reported in the U.S. in 2021, and the overwhelming majority of them involved hacking/IT incidents. Will those trends continue in 2022?
With 16% of U.S. citizens using a cryptocurrency trading platform, OCC acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.
More than a year after the December 2020 cyberattack on Accellion's File Transfer Appliance, the company has agreed to an $ 8.1 million settlement to resolve a class action against it following the data exposure that resulted in the theft of both consumer and patient data.
The FCC is considering changes to its breach notification requirements for telecommunication companies. FCC Chairwoman Jessica Rosenworcel confirmed in a statement this week that the agency is strengthening its rules for both customer and federal law enforcement notification of breaches involving customer proprietary...
A family medical practice is notifying nearly 200,000 individuals that their information was compromised in a 2020 ransomware attack on cloud hosting vendor Netgain Technology, an incident that also affected several of the vendor's other clients and hundreds of thousands of their patients.
No matter the root cause, the result is the same: reputation damage, fines, compliance issues, and of course the ripple effects that extend outward from a breach.
Maryland officials confirm that a December cyberattack on the state's health department, which is still disrupting some services, involved ransomware - but that no ransom was paid. Also, lawsuits have been filed against a Florida specialty pharmacy in the wake of a November cyber incident.
Police in Ukraine have arrested five individuals on suspicion of using ransomware to extort more than 50 companies across the United States and Europe, as well as to provide an IP-changing service to international hackers to help them distribute malware, steal sensitive data and disrupt sites.
Proofpoint, which was acquired by private equity firm Thoma Bravo in 2021, has merged with Dathena, a New York-based AI data protection platform. Dathena's platform will address the need in Proofpoint's cloud management platform for safeguards against breaches and data exposure.
Amid a surge in cryptocurrency investment - particularly across DeFi - blockchain experts warn that lax security was a main factor in $1.3 billion in cryptoassets being lost to hacks, exploits and scams in 2021. The losses, according to CertiK, rose from $500 million in 2020.
Healthcare and public health sector entities must heed the warnings this week by federal authorities of Russian state-sponsored cyberthreats to critical infrastructure organizations, some experts say. Why are the stakes so high?
Cybersecurity in today's world is no longer primarily about the implementation of products or solutions. It is more about the analysis of behavior and the ecosystem. Krishnamurthy Rajesh of ICRA discusses the role of artificial intelligence and the need for collaboration among business functions.
The Cyberspace Administration of China's new regulation for companies that offer algorithm-based recommendation services has been met with caution. Some statements in the regulation, which is to go into effect on March 1, are vague enough to be abused, and confidentiality is also a concern.
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