Decentralized credit-based stablecoin protocol Beanstalk was the victim of "a theft of about $76 million in non-Beanstalk user assets." The Ethereum-based protocol did not specify what those assets included, but blockchain security firm PeckShield says the total losses are likely $182 million.
New legislation mandating cyber incident reporting for critical infrastructure providers within 72 hours, and the reporting of ransom payments within 24 hours, is "groundbreaking," says former National Security Agency deputy commander Tim Kosiba, CEO of security firm bracket f.
A lawsuit filed alleges, among other claims, that respiratory care provider SuperCare Health Inc. was negligent in failing to protect sensitive health information from a 2021 hacking incident affecting more than 300,000 patients. Experts say the litigation follows an increasingly familiar trend.
A breach involving the compromise of a single user's email account at an Illinois-based multispecialty clinic has affected nearly 503,000 individuals - one of the largest breaches reported so far this year to federal regulator. How can other entities avoid similar email security incidents?
We’re in the 4th Industrial Revolution, and it came unannounced...that's the backdrop of this 2022 study. The revolution came with smart devices, automation, cloud migration and a new streamlined ability to engage with customers and partners - along with the vulnerabilities inherent in legacy technology: the...
BlackCat, believed a rebranded version of the BlackMatter or DarkSide ransomware group, claims to have successfully targeted popular Nigerian betting platform Bet9ja, three universities - FIU, NCAT State University, AIT-Thailand, and the largest natural gas supplier in Latin America - TGS. Bet9ja, FIU, and NCAT State...
Five recently reported data breaches involving cyberattacks on a variety of different types of healthcare sector entities have affected a total of more than 1.2 million individuals. Experts say the incidents highlight the intensifying threat landscape in the sector.
A proposed rule requiring publicly traded companies to disclose a breach within four days of deeming it material will force CISOs to determine the consequences of breaches sooner. CISOs will need to have board-level conversations within a day or two of discovering an issue to assess materiality.
Investment platform Cash App, a subsidiary of U.S.-based payments company Block, says it has been breached. The incident happened last year when a former employee downloaded reports containing Cash App U.S. customer information, including full names, brokerage account numbers and portfolio values.
In the latest "Proof of Concept," Lisa Sotto, partner and chair of the global privacy and cybersecurity practice at Hunton Andrews Kurth LLP and David Pollino, former CISO at PNC Bank, join Information Security Media Group editors to discuss U.S. regulatory trends and supply chain risk management.
The disruption of tens of thousands of Viasat consumer broadband modems across central Europe on Feb. 24 when Russia invaded Ukraine may have involved "AcidRain" wiper malware, security researchers at SentinelOne report. Viasat says those findings are "consistent" with the known facts of the attack.
Recent breach reports filed by a law enforcement benefits health plan, a healthcare staffing firm and a rural medical center are the latest examples of the diverse range of healthcare sector entities being targeted by cyberattackers. What do experts recommend?
Days after the recent Okta data breach, parts of a security report, allegedly created by Mandiant, were leaked, giving the breach timeline and how the threat group gained access to Okta's environment. Security experts, including an Okta customer, discuss the report, supply chain risks and redress.
Regulators have slapped four small covered entities with HIPAA enforcement actions, including three settlements and one civil monetary penalty. The most egregious case involves an Alabama dentist who disclosed patient information for use in his unsuccessful campaign for state Senate.
Life comes at you fast, especially when you're a breached business such as Okta, which may have exposed customer data or otherwise put the businesses paying for your product at risk. Here's how after detecting the breach, Okta fumbled its response, and what others should learn from this experience.