Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million, according to the company's latest financial report. The company has said that the Maze ransomware gang was behind the attack.
Zoom has reached a settlement with the New York state attorney general's office to provide better security and privacy controls for its videoconferencing platform. Meanwhile, the company announced it's acquiring a start-up encryption company.
Even in the best of economic circumstances, enterprises face risks of insiders stealing data or selling access to systems. But Joseph Blankenship of Forrester says the possibility of layoffs due to the COVID-19 pandemic puts enterprises at more risk of insider threats.
Hackers are attempting to sell a fresh trove of approximately 26 million user records apparently obtained from three data breaches, according to researchers at the security firm ZeroFox.
As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.
The latest edition of the ISMG Security Report analyzes the many challenges involved in developing and implementing contact-tracing apps to help in the battle against COVID-19. Also featured: A discussion of emerging privacy issues and a report on why account takeover fraud losses are growing.
Ransomware attacks hit at least four large organizations around the world this week, including a hospital group in Europe that has been battling the COVID-19 pandemic.
India is modifying its 2020 National Cybersecurity Policy to take into account the shift to teleworking as a result of the COVID-19 pandemic, says Lt. Gen. (Retd) Rajesh Pant, national cybersecurity coordinator.
In honor of World Password Day, here's a task for every organization that uses remote desktop protocol: Ensure that all of your organization's internet-facing RDP ports have a password - and that it's complex and unique.
Kaiji, a newly discovered botnet, is compromising Linux servers and IoT devices using brute-force methods that target the SSH protocol, according to the security firm Intezer. The botnet has the capability to launch DDoS attacks.
Five suspected members of the InfinityBlack hacking group have been arrested, and authorities in Europe say they've seized two databases with more than 170 million entries, including combinations of stolen usernames and passwords.
Despite the need to battle COVID-19, several nations' in-development digital contact-tracing apps are already dogged by security and privacy concerns. Whether enough users will ever trust these apps to make them effective remains a major question. Is it too late to get more projects back on track?
Authorities in the U.S. and U.K. are warning medical institutions, pharmaceutical companies, universities and others about "password-spraying campaigns" by advanced persistent threat groups seeking to steal COVID-19 research data. Security experts outline defensive steps that organizations can take.
Google and Apple on Monday released privacy and security guidelines for their jointly developed contact-tracing infrastructure. The companies note that apps developed using their APIs can only be developed by or for public health authorities - and solely to collect information to trace COVID-19 infections.
Organizations that have shifted to a remote workforce as a result of the COVID-19 pandemic should help in the battle against cybercrime by reporting all security incidents to law enforcement officials for investigation, says Brijesh Singh, inspector general of police, the government of Maharashtra.
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