Lawmakers urged Director Jen Easterly to devise metrics that quantify how effectively the Cybersecurity and Infrastructure Security Agency uses federal money to cut cyber risk. Rep. Dave Joyce wants CISA to more precisely measure the return on taxpayer spending given the agency's rising budget.
Blue Shield of California is notifying more than 63,000 customers that their data was potentially exfiltrated in a compromise involving Fortra's GoAnywhere secure file transfer software and one of the health plan's covered mental health providers for minors.
Recent high-profile breaches resulting from API attacks are "just the tip of the iceberg," said Gartner analyst Dionisio Zumerle. "What we have is a new way of exchanging information which is increasingly popular, and almost no organization has the recipe to secure that new way of communicating."
Silicon Valley Bank's new owner plans to double down on business with venture capital and private equity firms and the portfolio companies they serve. VC and PE-focused business accounts form the largest segment of the combined $143 billion loan portfolio of First Citizens and Silicon Valley Bank.
Cybersecurity startups that for decades turned to Silicon Valley Bank in a pinch will now find themselves working with a 125-year-old, North Carolina-based institution. First Citizens Bank has bought all Silicon Valley Bank deposits and loans from the FDIC, which rescued the bank after its collapse.
The United States sent its top cyber offensive team to NATO ally Albania to help secure the nation's critical infrastructure networks. The Cyber National Mission Force helped find cyberthreats and vulnerabilities on networks likely targeted last year by Iranian threat actors.
In the latest weekly update, ISMG editors discuss how Russia's invasion of Ukraine upended the cybercrime ecosystem, a lawsuit against a U.S. cardiovascular clinic that seeks a long list of security improvements, and the latest endpoint protection technology trends in the Gartner Magic Quadrant.
EMV chip technology has taken a major bite out of credit card fraud at the point of sale, but card-not-present fraud continues to flourish thanks to an age-old technology - the magnetic stripe, says Mark Solomon, international president, International Association of Financial Crimes Investigators.
Europe's cybersecurity agency predicts hackers will take advantage of the growing overlap between information and operational technologies in the transport sector and disrupt OT processes in a targeted attack. Ransomware will become a tool wielded for political and financial motivations, says ENISA.
Russia's invasion of Ukraine in 2022 threw Russia's cybercrime ecosystem into a state of upheaval that still exists to this day. "We identified disruptions to literally every single form of commodified cybercrime," said Alexander Leslie, associate threat intelligence analyst at Recorded Future.
An Alabama cardiovascular clinic is facing a proposed class action lawsuit filed by one of the nearly 442,000 individuals affected by a data exfiltration breach reported last month. The lawsuit seeks a detailed list of security improvements by the clinic and 10 years of court compliance monitoring.
TikTok says the Biden administration has demanded that the company's Chinese owners divest their stake in the company or risk seeing the app get banned in America. The U.S., Canada, EU, U.K. and New Zealand have all banned the use of TikTok on government devices, citing national security concerns.
In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' insurance site hack.
The former parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection Friday in an effort to streamline the sale of its assets. Silicon Valley Bank itself isn't included in the reorganization filing since the FDIC took over the commercial banking business on March 10.
Healthcare executives called on Congress to ensure minimum cybersecurity standards, saying a wholly voluntary approach is failing clinics and hospitals. Gaps are widest at small rural hospitals, testified a former hospital CISO before the Senate Homeland Security and Governmental Affairs Committee.
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