Hackers are using an unknown exploit to draw down internet-connected wallets on the Solana blockchain. So far, thieves have made off with about $8 million worth of cryptocurrency, predominantly from mobile wallet users of Phantom and Slope. Solana is working to identify the root cause.
A top federal regulatory official urged financial institutions to implement multifactor authentication for all nonpublic systems, telling an audience of financial executives that a majority of breaches could be avoided or mitigated through basic cybersecurity controls.
Thoma Bravo is doubling down on identity, inking a deal to buy Ping Identity for $2.8 billion just four months after agreeing to purchase SailPoint. The deals mean that Thoma Bravo will have both Ping's identity and access management and SailPoint's identity governance skill sets under its umbrella.
Britain's Conservative Party is holding a leadership contest, with the winner set to become the country's next prime minister. But the balloting process has been delayed after the National Cyber Security Center warned that hackers could abuse a process allowing members to change their online vote.
With its acquisition of Infiot, Netskope now carries both the networking and security technology needed to build a Secure Access Service Edge architecture following. The acquisition of Infiot's platform will allow Netskope customers to address both traditional and emerging SD-WAN use cases.
Health insurer Aetna ACE reported to federal regulators a health data breach affecting nearly 326,000 individuals tied to an apparent ransomware incident involving OneTouchPoint, a subcontractor that provides printing and mailing services to one of the insurer's vendors.
A Florida operator of urgent care clinics recently reported to federal regulators a health data breach affecting more than 258,000 individuals tied to a vendor's ransomware attack in May 2021. Why did it take so long to determine that the incident resulted in breach of protected health information?
Cryptocurrency trading platform Robinhood Crypto will pay $30 million to the state of New York after an investigation revealed deficiencies in its cybersecurity and anti-money laundering programs. The company will also retain an independent consultant who will monitor remediation efforts.
Attackers drained crypto assets worth nearly $200 million on Monday from cross-chain bridge Nomad, a "security-first cross-chain messaging protocol." Experts say the attack occurred after Nomad updated its smart contracts and inadvertently made it easy to spoof transactions.
Continued supply chain costs dampened an otherwise positive Q2 earnings report for Check Point. The company is spending historic amounts on buying raw materials on the open market and shipping those materials to the production line - an expense issue expected to stretch into 2023.
Two hacking incidents involving vendors providing important IT-related and other services to dozens of covered entity clients are among the latest breaches affecting hundreds of thousands of individuals' data and show how mounting reliance on third parties creates increased risk to patient data.
As CISO of Edward-Elmhurst Health, Shefali Mookencherry consistently works at the intersection of cybersecurity and privacy. "Privacy tells us why," she says, "and security tells us how." She discusses her role and the inherent challenges it poses to her.
Hackers are turning to cryptojacking to make easy money despite the fall in cryptocurrency valuation, including ransomware cybercriminals attracted by the lower-stakes world of cryptojacking, says threat intelligence firm SonicWall. The financial industry has seen a surge in cryptojacking attacks.
Cybersecurity practitioners have gained the attention of corporate boards, but that attention must be converted into momentum, says Glen Hymers, head of data privacy and compliance at the U.K. Cabinet Office. He advises discussing risk in the context of what competitors and peers have achieved.
The US Consumer Financial Protection Bureau reportedly plans to release new guidance requiring banks to reimburse consumers for certain money-transfer service scams. Ken Palla, former director at Union Bank, says banks might look to the U.K. for examples of how to stop authorized push payment fraud.