Today's big challenge for practitioners is identifying the "known and unknown" attack surface faster than the hackers. There is a need to build purpose-built sensors and asset management strategies to discover unknown attacks, says Debashish Jyotiprakash, vice president - Asia at Qualys.
Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.
Insurance market giant Lloyd's of London says that starting next year, its cyber insurance policies will no longer cover state-sponsored cyberattacks. But with attribution being inherently tricky, expect this move to be tested in court, says Jonathan Armstrong, a partner at Cordery law firm.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
The costs of hacks are rising, the amount of ransomware is rising, and the number of organizations that have been breached will also rise unless organizations take action.
Attackers are attempting to reset the passwords of some DigitalOcean customers, the cloud infrastructure provider says. The email addresses of these customers were likely exposed in a data breach involving Mailchimp, which provided transactional email services for DigitalOcean.
Two recent data breach lawsuit settlements by healthcare organizations underscore mounting liability risk stemming from a growing number of lawsuits. Missouri-based BJC Healthcare has agreed to pay up to $2.7 million to settle while Indiana-based Methodist Hospitals is on the hook for $425,000.
The "deliberate actions" of a now-fired senior engineer at Customer.io put at risk email addresses of six client companies, including NFT marketplace OpenSea. The email delivery vendor did not specify how many individuals are now at elevated risk of phishing attacks.
Emails shared with NFT marketplace OpenSea were disclosed to an unauthorized external party, the company is warning patrons. Anyone who shared an email address should be on guard for phishing attacks. The cause was a rogue employee at a third-party email delivery vendor.
For the seventh year in a row, business email compromise produced the largest losses of any type of cybercrime, according to Steve Dougherty of the U.S. Secret Service. He says organizations need to build and maintain relationships with law enforcement agencies before an attack happens.
In an organization, people are the ones who develop and sustain organizational strategy. Talented people are discovering that it's possible to leave a toxic environment so they can breathe and thrive. Marco Túlio Moraes explores how to retain both talent and strategy.
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