Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
As more organizations rely more heavily on cloud-based applications as a result of a remote workforce, they must avoid taking identity and access management shortcuts, says James Gosnold of the cloud consultancy CloudKubed, who calls for the addition of another layer of authentication.
Healthcare organizations need to diligently assess whether a security incident involving patient information truly qualifies as a reportable breach under HIPAA to avoid needlessly reporting it to federal regulators, says regulatory attorney Helen Oscislawski.
Britain's privacy watchdog reports it received 19% fewer data breach notifications in the first quarter than in the same period last year. While the decline may be attributed to more organizations better understanding when to report breaches, other countries have seen an increase in breach reports.
Don't forget to lock down online shared code repositories, as Mercedes-Benz parent company Daimler AG learned the hard way after a researcher was able to access nearly 9 GB of software development documentation from a misconfigured GitLab repository.
In response to the growing threat of identity-centric cyberattacks in healthcare, the Health Information Sharing and Analysis Center has published a framework for managing identity for the full work lifecycle of employees, practitioners, patients and business partners.
Hackers tried two methods of exploiting a zero-day vulnerability in Sophos' XG firewall, but Sophos says it made a temporary fix that mitigated the risks. Attackers originally attempted to plant a Trojan, but then switched to ransomware.
Bank of America disclosed this week that some customers' data may have been exposed during the uploading of loan applications related to the Paycheck Protection Program - a U.S. government initiative created to provide business loans during the COVID-19 pandemic.
Three recent incidents involving inappropriate use of patient information by insiders illustrate how difficult it is for healthcare organizations to deal with the insider threat. Security experts offer risk mitigation advice.
To achieve better network visibility, security practitioners must improve their knowledge of tools that support web services, containers and the evolution of development practices, says Ed Moyle, co-founder of the cybersecurity advisory firm Security Curve.
The massive shift to remote working as a result of the COVID-19 pandemic means more organizations are adopting the "zero trust" model, taking such steps as implementing proper access controls, monitoring user behavior and building data governance policies.
Australian shipping giant Toll Group recently suffered its second ransomware outbreak of the year, with Thomas Knudsen, the company's managing director, branding the latest attack as being "serious and regrettable." But was it preventable?
Attacks targeting cloud-based data nearly doubled in 2019 as companies shifted more of their valuable information off-premises and misconfigurations and other issues made it more vulnerable, according to the 2020 Verizon Data Breach Investigations Report. Observers expect the trend to continue this year.
European budget airline EasyJet says it suffered a data breach that exposed 9 million customers' personal details. While no passport details were exposed, the company's ongoing investigation has also found that attackers "accessed" a small number - just 2,208 - of customers' payment card details.