U.S. federal banking regulators have approved a new rule that will require banks to notify regulators no later than 36 hours after the organization determines it has suffered a qualifying "computer-security incident," the nation's top financial agencies announced this week.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are turning to cryptomixing services to conceal the proceeds of ransomware activities from law enforcement officials. Also featured: Criminals exploit a misconfigured FBI server and the future of zero trust.
Zero trust is expected to double the average efficacy of cybersecurity protections against a range of threats and incident types.
Organizations view strengthening identity and access management as the key design modification for zero trust initiatives, with confidential files being the most important data source to...
Law enforcement and intelligence agencies in the U.S, U.K. and Australia have issued a joint advisory on unidentified Iran government-backed advanced persistent threat actors exploiting Fortinet and Microsoft Exchange ProxyShell vulnerabilities to attack organizations in their respective countries.
The specter of the May attack on Ireland's national health service loomed large at the IRISSCON 2021 cybercrime conference in Dublin, as cybersecurity experts gathered to detail the ongoing rise of ransomware and other types of online crime, as well as how to best combat such attacks.
Hacker group MosesStaff has targeted Israeli organizations with encryption attacks, according to Check Point researchers. Archived records show that at least 16 organizations - including the Israel Post, the Ministry of Defense and Israeli Intelligence Corps Unit 8200 - were targeted.
Cyber fusion center platforms (CFC) were initially designed to address these
challenges but haven’t always delivered on their promise. The reason is that most
platforms provide just one or two of the three core SOAR capabilities (security
orchestration, automation, and response) and not well enough to...
Ari Redbord of TRM Labs, who has had an extensive career in law enforcement, points out that 2020 was a pivotal year for putting cybersecurity on the agenda throughout the government. He discusses securing cryptocurrecy, the blockchain and other elements of the "digital battlefield."
The U.S. and Israel will expand their diplomatic relationship around cybersecurity, announcing a bilateral task force this week that will support cybersecurity and fintech innovation. The news follows recent action by the U.S. Department of Commerce to blacklist Israeli spyware firm NSO Group.
The FBI says it has fixed a software misconfiguration that was abused to send fake emails falsely warning of a cyberattack. As many as 100,000 hoax emails were sent in two waves early Saturday morning, originating from a legitimate FBI domain.
In an effort to streamline the adoption of zero trust cybersecurity architectures, the U.S. Department of Defense in December will launch an office dedicated to zero trust. This announcement comes as federal agencies move to modernize following the SolarWinds cyberespionage campaign.
The latest edition of the ISMG Security Report features an analysis of the progress made by law enforcement agencies in the effort to crack down on ransomware. Also featured: Evil Corp banking malware still active; XDR market trends.
The U.S. has joined an 80-nation agreement that sets collective goals for cyberspace, with a particular focus on internet integrity, electoral security, intellectual property theft, use of malign hacking tools and more. Vice President Kamala Harris confirmed U.S. entry into the multistate pact.
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