Ransomware groups hope threats are enough to sway victims so they don't have to follow through. For victims who pay ransoms, the results are almost guaranteed to be less than advertised - more akin to buying a pig in a poke than a contractual guarantee of service.
The U.S. healthcare sector needs to closely watch government regulatory and legislative developments involving artificial intelligence, including the European Union AI Act, said Lee Kim, senior principal of cybersecurity and privacy at the Healthcare Information and Management Systems Society.
The vast healthcare ecosystem disruption caused by the recent attack on Change Healthcare, which affected more than 100 of the company's IT products and services, underscores the concentrated cyber risk when a major vendor suffers a serious cyber incident, said Keith Fricke, partner at tw-Security.
Cyera is raising between $150 million and $200 million in a new funding round that would value the Silicon Valley-based data security startup at as much as $1.55 billion. The funding talks come just nine months after Cyera closed a $100 million Series B round at a reported $500 million valuation.
The Spanish High Court on Monday sided with the country's data regulator, the Spanish Data Protection Agency, to uphold a three-month ban on OpenAI founder Sam Altman's controversial digital identity and cryptocurrency platform Worldcoin due to privacy concerns.
Phishing attacks continue to adapt to exploit popular apps. While many phishing campaigns have focused on mobile banking and payment sites, attackers are also targeting widely used but lower-profile, cloud-based utilities such as the ubiquitous Dropbox storage platform.
The New York-based cloud security phenom is speaking with several investors include Thrive, Lightspeed Venture Partners, G Squared, Sequoia and Cyberstarts in hope of raising roughly $800 million at a valuation of more than $10 billion. The cash infusion would help Wiz finance future acquisitions.
The Change Healthcare attack is already providing valuable lessons to healthcare firms - mostly about the importance of resilience, especially when it comes the industry's supply chain and third parties, said Nitin Natarajan, deputy director of the Cybersecurity and Infrastructure Security Agency.
UnitedHealth Group expects some key IT systems and services affected by the recent cyberattack on its Change Healthcare unit to regain functionality over the next week to 10 days. Certain pharmacy services are already restored. But the American Medical Association is not impressed.
Hackers are mass-exploiting a recently disclosed critical authentication bypass vulnerability in on-premises versions of TeamCity. JetBrains fixed the bugs in a Monday update, but researchers warn users running unpatched instances to assume compromise.
The U.S. Cybersecurity and Infrastructure Security Agency hopes to expand voluntary information sharing between the federal government and open-source software operators with a series of actions the agency announced following a two-day open-source security summit held at its Virginia headquarters.
As the fallout continues in the Change Healthcare IT outage, the U.S. healthcare ecosystem is anticipating the next bombs to drop in what's shaping up to be the worst cyberattack the sector has experienced so far. What should entities be considering as they push forward in the recovery?
The administrators of the BlackCat ransomware-as-a-service group claim law enforcement has shut down their operation. But experts and affiliates accuse the group's leadership of running an exit scam on the heels of a $22 million ransom payment by a recent victim - Optum's Change Healthcare unit.
Researchers have created a zero-click, self-spreading worm that can steal personal data through applications that use chatbots powered by generative artificial intelligence. Dubbed Morris II, the malware uses a prompt injection attack vector to trick AI-powered email assistant apps.
Two weeks into a major cyberattack-induced outage at its Change Healthcare business, UnitedHealth Group is offering short-term financial aid to some healthcare providers whose cash flows may be running short because of the disruption in insurance payments. But not everyone is impressed.
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