Here's ransomware news to celebrate: The number of victims who opt to pay a ransom has dropped to a record low. Also, the operators of two major groups hit by law enforcement disruptions have each chosen to swindle their affiliates, sowing disaffection and driving away burned business partners.
Wiz is in advanced negotiations to buy Lacework for between $150 million and $200 million. The companies recently signed a letter of intent and are now in the midst of a comprehensive due diligence process, after which a decision will be made on whether the acquisition will go through.
Hackers who appear to be Chinese are exploiting vulnerabilities in the OpenMetadata platform running as workloads on Kubernetes clusters to download cryptomining software, warned Microsoft. "I want to buy a car," the hackers tell victims in a note and solicit monero donations.
Wiz bought a cloud detection and response startup founded by a longtime Israeli Military Intelligence leader to address security operations and incident response use cases. The deal will bring Wiz's chops in securing infrastructure and cloud environments together with Gem's expertise inside the SOC.
Cloudflare purchased an observability startup founded by an aerospace dynamics expert to enhance the developer experience on serverless platforms. Baselime will allow developers to optimize performance, investigate bugs and regressions, and identify when a release needs to be rolled back.
In the latest weekly update, ISMG editors discussed key insights on OT security from the Cyber Security for Critical Assets Summit in Houston, the implications of a critical Linux utility found to have a backdoor, and a CISO's perspective on comprehensive cloud security strategy.
The evolution of cloud computing in the financial sector has introduced complex security challenges that require innovative solutions. Samrat Bhatt of MatchMove Pay, who recently won ISMG's DCISO Award for technology innovation, shared his organization's journey to better cloud security.
The differences between working in cybersecurity in the U.K. and U.S. are not just a matter of accent or office culture; they are a study in how national security priorities, regulatory environments and cultural attitudes toward privacy and surveillance affect cyber workers' professional lives.
A Department of Health and Human Services division that administers funding, training and other services to children and families is putting sensitive data at high risk because of gaps in cloud security controls and practices, according to a watchdog agency report.
Healthcare entities can easily achieve many of the cyber performance goals set by regulators if they deploy technology solutions that provide robust security by default and create an organizational culture in which security-mindedness is ingrained, said Taylor Lehmann of Google Cloud.
AI presents enormous opportunities for reducing inequalities and promoting inclusivity in developing regions, but its deployment must be guided by ethical practices and a conscious effort to integrate diversity and inclusion at every stage. We must leverage AI responsibly.
The move to cloud has uncovered a range of risks that enterprises might inadvertently overlook. Transition often highlights cloud concentration risk, which encompasses vendor, availability, business continuity and regulatory risks, said Abid Adam, group chief risk and compliance officer at Axiata.
As enterprises migrate their workloads, applications and data to the cloud, why should business security practitioners consider software firewalls for protecting their cloud environments? Raj Patil of Palo Alto Networks shares his top customer use cases.
If we proactively tackle the complexities of the AI revolution, we can ensure that it serves as a catalyst for innovation rather than a source of displacement. With thoughtful planning and inclusive policies, the integration of AI into the professional world can enhance human potential.
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