The latest edition of the ISMG Security Report analyzes why Meta has agreed to pay $725 million to settle a class-action lawsuit over users' personal data, how the median stock price dropped 40% among publicly traded security firms in 2022, and why an infrastructure change is needed in SOCs.
Hundreds of U.S. counties continue to work with pen and paper after a cyberattack on their digital records management vendor last week disrupted methods to view, add and edit government records. The attack slowed the processing of birth certificates, marriage licenses and real estate transactions.
The Irish Data Protection Commission has imposed a fine of 390 million euros against Meta Ireland for violating the General Data Protection Regulation related to user data processing. Meta confirmed it will contest the penalty, which targets ad personalization by Facebook and Instagram.
Arizona has long been a leader in leveraging IT and providing digital services, but across the state and country alike, new challenges are emerging in the wake of the pandemic, and with them come new threats and risk factors, including remote work security, says Ryan Murray, deputy state CISO.
Britain's The Guardian newspaper has asked staff to continue working from home until Jan. 23 as the company continues to resolve issues with its network, which was compromised by ransomware hackers in December. The attack affected on-premises infrastructure but left cloud-based systems unscathed.
The $1.7 trillion omnibus spending bill signed into law last week by President Joe Biden contains new cybersecurity requirements for medical devices that make it a game changer for strengthening security within the healthcare ecosystem, says Dr. Suzanne Schwartz of the FDA.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
Many healthcare sector organizations would raise their security maturity levels if more CISOs and their teams approached security with business enablement as the objective, says Taylor Lehmann, director for the office of the CISO at Google Cloud.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
One of Europe's busiest ports is added to the list of LockBit ransomware victims. The hacking group targeted Portugal's Port of Lisbon on Christmas Day, giving the facility a deadline of Jan.18 to pay a ransom of $1.5 million in exchange for deletion of their data.
California hospital operator Scripps Health has agreed to pay $3.57 million in "minimum cash settlements" of $100 per victim, plus some additional types of expenses, to settle a class-action lawsuit filed by victims of a 2021 data breach perpetrated by ransomware-wielding attackers.
State-backed Russian hacking groups are continuing to focus less on Ukrainian military targets and much more on civilian infrastructure, Ukrainian cybersecurity officials report. Since the start of the year, Ukraine's Computer Emergency Response Team has tracked more than 2,100 major hack attacks.
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