Fallout for Progress Software continues as hundreds of private and public sector organizations that use its MOVEit file transfer software face data breaches due to a zero-day attack. Some victims have filed a proposed class action suit in federal court, alleging poor security controls at Progress.
A surging Sonatype and Snyk joined stalwart Synopsys atop Forrester's software composition analysis rankings, while Mend.io tumbled from the leaders category. SCA historically didn't get as much attention as application security testing but that’s changing, said Forrester's Janet Worthington.
The potential for cybercriminals to reverse-engineer generative AI tools, the rise of geopolitical threats and increased cloud complexity are among the top new threats facing security teams in 2023, according to Forrester's Top Cybersecurity Threats In 2023 report.
In the latest weekly update, ISMG editors discuss how cyber risk is becoming more closely tied to the economic health of nations, why a rural U.S. healthcare provider is closing due in part to ransomware attack woes, and why some cybersecurity companies have laid off staff this month.
A company that makes patient debt collection software is the latest healthcare sector entity to report a hacking breach related to a flaw in Fortra's GoAnywhere secure file transfer software. To date, the GoAnywhere vulnerability has affected the health information of 4.4 million individuals.
CISOs need to bridge the gap between security concerns and business outcomes to ensure everyone plays an active role in third-party risk management. But effectively communicating that risk comes down to knowing your audience - from employees to the board, said CyberGRX's Caitlin Gruenberg.
With the federal government's software bill of materials regulations looming, many organizations are not ready to respond, warned CISO Sean Atkinson of the Center for Internet Security. He provided tips for ensuring transparency in the software supply chain and preparing for SBOM regulations.
The Iowa Department of Health and Human Services has reported to federal regulators its third major health data breach involving a vendor since April. This time, Iowa HHS/Medicaid says the data of nearly 234,000 individuals was compromised in a mega hack recently reported by MCNA Insurance Co.
Synopsys stands head and shoulders above the competition in Gartner's application security testing rankings, with Snyk rising and HCL Software falling from the leaders category. Longtime app security players Veracode, Checkmarx and OpenText joined Synopsys and Snyk atop the Gartner Magic Quadrant.
Healthcare providers are struggling with protecting legacy medical devices against a rising tide of cyberthreats. New Health Sector Coordinating Council guidance can help, said Jessica Wilkerson of the Food and Drug Administration and Mike Powers of Intermountain Health.
Attacks like Kaseya and SolarWinds have highlighted the supply chain risks and demonstrated how securing the supply chain can no longer just be considered a compliance function. It has evolved into a risk management function, said Fred Kneip, chief executive officer at CyberGRX.
The security of hundreds of MSI products is at risk due to hackers leaking private code signing keys stolen during a data breach last month. The signing keys allow an attacker to push malicious firmware updates under the guise of regular BIOS update processes with MSI update tools.
Many of the cyber-related questionnaires that organizations ask their third parties to complete "are too broad" and not properly focused on questions related to the services or products being offered by that vendor, said Cassie Crossley, vice president of supply chain at Schneider Electric.
Some of the most sophisticated cyberattacks are being targeted at third-party suppliers in an effort to affect their critical clients, said Ashan Willy, CEO of Proofpoint. But often client organizations affected by these attacks do not even realize a key supplier has been hit, he said.
Data breaches are often the result of hackers exploiting bugs in third-party service providers to make their way to larger organizations. Rishi Rajpal, vice president of global security at Concentrix, discussed how to pick the right partners and mutually benefit from each other's services.
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