In the latest weekly update, ISMG editors discuss how Israeli tech companies are supporting the war effort, how the volume of ransomware attacks reached a record high in September and why retailer Costco faces privacy claims for its use of website tracking tools for online pharmacy customers.
This week, Information Security Media Group editors covered the hot topics at ISMG's Cybersecurity Summit: Mumbai, including redefining cybersecurity leadership, understanding your adversary's next move and the debate over how to tackle cyber extortion.
Stolen and compromised credentials continue to be the crux of major health data security incidents involving cloud environments. But stronger credential management practices and a focused approach to "least privilege engineering" would help, said Taylor Lehmann of Google Cloud.
Fortinet plans to shift its R&D and go-to-market investments to the faster-growing SASE and security operations segments as growth slows in the network security market. The company expects "more modest growth" in the near term given that 70% of Fortinet's billings today come from network hardware.
Accenture acquired one of Spain's most prominent cybersecurity service providers to better support multinational companies with a presence in the country. The consulting giant said its buy of Madrid-based Innotec Security will add 500 cyber professionals to Accenture Security's 20,000-person staff.
Five regional hospitals in Ontario still have no access to patients' electronic health records and other critical data nearly two weeks after an attack on their shared IT services provider. Ransomware group Daixin Team claims it stole more than 5.6 million patient records in the attack.
A software supply chain security startup led by a longtime Google Cloud engineer closed a Series B round to help protect more open-source software. Seattle-area Chainguard said it can secure approximately 80% of the open-source software existing customers run in their enterprise today.
Oren Eytan spent 25 years in the Israel Defense Forces, rising to the rank of colonel and heading the IDF's cybersecurity unit. Now, as CEO of odix, an Israeli cybersecurity vendor, he is helping his country rebound from the Oct. 7 attacks and support the nation's war against Hamas.
Exterro has purchased a data discovery vendor led by a GE and Symantec veteran to help organizations detect, measure and remediate risk around structured data. The deal will allow Exterro customers to analyze structured data without ingesting tons of information or putting a load on company systems.
A modern board of directors has no option but to immerse itself in today's cybersecurity and threat landscapes to spearhead enterprise-wide cyber defense and mitigation strategies, said Bhimaraya Metri, director at the Nagpur-based Indian Institute of Management.
Texas-based mental healthcare provider Deer Oaks Behavioral Health is notifying nearly 172,000 patients that their information was potentially compromised in a ransomware incident, even though the attack was apparently quickly detected and contained.
The fallout from the SEC's charges of fraud and internal control failures against SolarWinds and its CISO has implications for the industry. Cordery Compliance attorney Jonathan Armstrong advises security leaders to "take heed and remember that the actions of today can determine your fate tomorrow."
When asked what has changed most since Oct. 7, Chen Shmilo, CEO of Israel's 8200 Alumni Association, said "trust." Trust in leadership has changed, but trust in society and its power to be resilient has been renewed, he said. "In these darkest times, some things might even change for the better."
A scientist claims to have developed an inexpensive system for using quantum computing to crack RSA, which is the world's most commonly used public key algorithm. If true, this would be a breakthrough that comes years before experts predicted. Now, they're asking for proof.
Apple on Tuesday warned several sitting members of Parliament and journalists in India that state-sponsored attackers had tried to remotely compromise iPhones associated with their Apple IDs. The Indian government quickly rejected allegations from critics that it was deploying commercial spyware.
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