Organizations in the APAC region are not immune to the impact of the SolarWinds supply chain hack, so it's essential that they reassess their risk management practices and audit their suppliers, two security experts stress.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
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.
The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.
You can’t secure what you can’t see. In fact, gaining visibility and control over all your devices is one of the most important, yet challenging tasks for IT and security teams. The number of connected devices has exploded. At the same time, there are more diverse devices – IoT, IoMT and OT—that are sometimes...
An investigation at the U.S. Treasury Department has found that it suffered a "significant" breach as a result of the SolarWinds Orion supply chain attack, a top Democrat on the Senate Finance Committee reports. Meanwhile President-elect Joe Biden said of the attack: "I promise you, there will be a response."
Another federal judge is blocking the Trump administration's attempt to ban the Chinese-made social media app TikTok from being used in the U.S. The White House claims that the data the app collects on American users poses a national security threat.
Enterprises should have an incident response plan with a continuous monitoring threat intelligence sharing mechanism to help protect critical infrastructure from nation-state attacks, says Jayesh Ranjan, principal secretary-IT, government of Telangana
It's not yet clear what action the state of Kerala will take now that it has abruptly withdrawn Section 118A of the Kerala Police Act, which was intended to help prevent social media abuses, including attacks on women and children.
The U.K. is moving to improve its ability to combat online attacks via the establishment of an information warfare network named @HutEighteen. The move, announced by the Defense Academy of the United Kingdom, follows fresh EU sanctions against nation-state hackers and the U.K. standing up a National Cyber Force.
U.K. Prime Minister Boris Johnson announced Thursday the creation of a National Cyber Force designed to strengthen Britain's cybersecurity posture and give the country new defensive and offensive capabilities. Some security experts, however, are raising concerns about recruiting enough qualified staff members.
Some security experts say the United States' cybersecurity and overall defense posture are likely temporarily weaker because President Trump fired the leaders of the Cybersecurity and Infrastructure Security Agency and the Defense Department. But many remain confident defenses will be strong in the long run.