Cyber insurance can defray costs associated with data breaches and ransomware attacks. But Kelly Butler of the advisory firm Marsh & McLennan says insurers are tightening their requirements for policies due to rising costs associated with increasingly severe incidents.
A U.S. federal jury convicted former Twitter employee Ahmad Abouammo for spying on Saudi Arabian dissidents on behalf of Saudi Arabia. Additionally, the jury found him guilty of conspiracy to commit wire fraud, falsification of records and money laundering.
Three Nigerian nationals accused of participating in multimillion-dollar business email compromise fraud with a fixation on universities arrived in the United States after extradition from the United Kingdom. They allegedly attempted to steal more than $5 million.
A newly disclosed probe shows the Federal Trade Commission is investigating operators of BitMart, a cryptocurrency platform that lost $200 million of investor funds in one of the biggest crypto cyberattacks of 2021. The agency is scrutinizing the companies to see if they misled consumers.
Advanced, a critical software and services vendor to the U.K.'s National Health Service, confirms a ransomware attack by "financially motivated" threat actors is behind an IT outage that is still disrupting various NHS services, including 111. Some disruptions could last for weeks, the company says.
As CISO of West, a Williston Financial Group company, Bruce Phillips recognizes that cybersecurity is not the enterprise's core business. But what, then, is the right level of cybersecurity to bring to a nonsecurity business? He discusses this and other leadership challenges.
U.S. companies could see new cybersecurity rules and restrictions on consumer data collection under a rule-making process initiated by the FTC. No regulatory outcome is guaranteed, but today's advanced notice of proposed rule-making is a first step to new data security and privacy regulations.
Cisco says it fell victim to a successful hack attack and data breach in May. While an attacker wielding Yanluowang ransomware claimed to have exfiltrated data and crypto-locked systems, Cisco says nothing sensitive was stolen and no systems were infected by ransomware.
Cloudflare credits hardware multifactor authentication with preventing bad actors behind a targeted phishing campaign from gaining access to its internal systems. Although attackers siphoned employee credentials, the hard key authentication requirement stopped attackers from snatching a soft token.
More than two years after being notified of it, Microsoft issued a fix for a Microsoft Windows Support Diagnostic Tool vulnerability known as DogWalk. The fix is part of the operating system giant's newest Patch Tuesday dump, which includes patches for 141 flaws.
Virtualization giant VMware is warning users to immediately patch a range of its access and identity management products now that researchers have published proof of concept code for exploiting an authentication bypass. The company says it has yet to see in-the-wild attacks using the exploit.
Black Hat 2022 kicks off today with security experts sharing cutting-edge research and insights through demos, technical trainings and hands-on labs. Keynote speaker Chris Krebs will discuss risk trends in cybercrime, geopolitical threats and what they mean for tomorrow's network defenders.
Lacework has used the $1.3 billion raised to strengthen its multi-cloud support, giving customers better visibility across development and production environments. The company is able to identify elusive threats and zero-day vulnerabilities by finding spikes in anomalous activity.
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