Danish shipping giant Maersk faces losses of $200 million to $300 million as a result of the NotPetya global malware outbreak. Others, including FedEx and household goods manufacturer Reckitt Benckiser, are also beginning to estimate NotPetya's financial impact on their business.
For just $80 per day, would-be cybercrime entrepreneurs can subscribe to Disdain, a new exploit kit that targets now-patched flaws in browsers and plug-ins, including Flash and WebEx. Disdain's debut shows that while exploit kits may have declined, they haven't died out.
The British security researcher credited with stopping the WannaCry ransomware outbreak pleaded not guilty Monday to charges that he developed and sold a type of malicious software that steals online banking credentials.
In this latest edition of the ISMG Security Report we learn more about certain Siemens medical devices containing vulnerabilities that could allow hackers to remotely execute arbitrary code. Also: a report on Kaspersky Lab dropping its complaint against Microsoft and part 2 of an election security interview.
Healthcare organizations can learn important lessons - including the need for granular data access control - from the costly proposed settlement of the breach lawsuit against health insurer Anthem, says Bill Fox, a former federal prosecutor.
A Dallas physician has been sentenced to 35 years in federal prison and ordered to pay more than $268 million in restitution for his role in a huge Medicare and Medicaid fraud conspiracy involving billing for unnecessary home healthcare services.
Kaspersky Lab says it will withdraw antitrust complaints it filed against Microsoft over how Windows handles third-party security products, defusing a yearlong dispute. Microsoft says it will work closer with security companies to ensure compatibility with Windows.
Security vendors are known to sprinkle hyperbole among their claims. But the strategy has backfired for DirectDefense, which mistakenly cast endpoint protection vendor Carbon Black as a contributor to the "world's largest pay-for-play data exfiltration botnet."
Just in time for the seasonal upgrading of tax software, the IRS is warning of phishing emails purporting to be software updates, but which try to trick tax professionals into divulging login credentials.
The Department of Homeland Security has issued an alert warning about cyber vulnerabilities in certain Siemens medical imaging products running Windows 7 that could allow hackers to "remotely execute arbitrary code." How serious are the risks?
The latest edition of the ISMG Security Report leads with a report on the charges brought against Marcus Hutchins, the "accidental hero" who stoped the WannaCry malware outbreak. Also featured: reports on advances in attribution and new legislation to secure vulnerable medical devices.
Employees are still falling for phishing scams leading to major breaches, including those related to ransomware attacks, say federal regulators, who are urging healthcare entities to step up their workforce training and awareness of email schemes.
Cybersecurity researcher Marcus Hutchins will plead not guilty in federal court to charges relating to creating and selling banking malware called Kronos. Some in the security community think the FBI may have confused legitimate research activities with criminal behavior.