Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
In defining an IAM strategy for the cloud, CISOs need to automate the processes of provisioning, de-provisioning, monitoring and auditing as well as implementing federated access and API integration, says Rushdhi Mohammad, information security officer at the Industrial Bank of Kuwait.
Researchers at the security firm Proofpoint are tracking several fraud schemes leveraging COVID-19 vaccine-themed emails. The schemes include business email compromise scams, messages with malicious attachments and phishing emails designed to harvest credentials.
Documents on COVID-19 vaccines and medications - including some containing personal information - that were stolen in a cyberattack last month on the European Medicines Agency have been leaked on the internet.
The "remote workforce" of 2020 is gone. Now we're talking about the new, permanent "branch office" - and it comes with its own unique set of cybersecurity concerns, says Derek Manky of FortiGuard Labs. He discusses new social engineering trends and how to respond.
Because many attacks against enterprises' cloud implementations are automated, a good defense involves using predictive technology that can analyze behaviors, says Brandon Tan of Forcepoint.
Ransomware gangs entered 2020 with a full and dangerous set of weapons at their disposal and then rolled out additional tools such as extortion and new distribution methods, a trend that is expected to continue into 2021.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about the potential for fraud, ransomware attacks or similar types of criminal activity related to COVID-19 vaccine research and distribution organizations.
The growth in the use of telehealth during the COVID-19 crisis means that healthcare providers must carefully reassess and bolster the security of the connected devices, applications and systems used, says Kelly Rozumalski of the consultancy Booz Allen Hamilton.
The COVID-19 pandemic has spotlighted an array of evolving patient privacy issues that legislators and regulators will need to address in the year ahead, say government policy experts Mari Savickis and Cassie Leonard of the College of Healthcare Information Management Executives.
This edition of the ISMG Security Report features insights from David Forscey, managing director at Aspen Cybersecurity Group, on improving supply chain security in the aftermath of the SolarWinds hack. Also featured: Black Hat Europe's key takeaways; keeping safe during the holidays.
To enhance organizations' security postures in the year ahead, CISOs must strengthen authentication processes, increase the use of network segmentation tools and deploy effective threat intelligence capabilities, two CISOs recommend.
The Lazarus Group, a North Korean advanced persistent threat gang, apparently recently targeted a national ministry of health and a drug manufacturer involved in developing a COVID-19 vaccine in an attempt to steal information, according to the security firm Kaspersky.
As we near the end of one year of living with COVID-19, the pandemic is creating new U.S. daily records for infections, hospitalizations and deaths. "The whole country is on fire," says pandemic expert Regina Phelps.
Fraud explodes in tough times, and do times come any tougher than they have with COVID-19? In this latest Cybersecurity Leadership panel, CEOs and CISOs describe their efforts to spot and stop emerging fraud schemes involving synthetic IDs, social engineering and greater insider risks.
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