John O'Driscoll is the first CISO for the Australian state of Victoria, a job that has purview over 1,900 entities with 340,000 public servants. He's an expert in risk and audit, and that has subsequently lead to interesting conversations about who is accountable for risk and how to manage risk.
Rant of the day: Are we getting hacked because we now work remotely in the new normal? No, we're being hacked because we're not managing our risks and being lazy - and because the CISO is not being heard.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The answer to the increasing volume of challenges is not to just add another tool into the mix, it's to add the tools the organization is already using into an integrated cohesive mix.
The code used to build copies of Babuk ransomware - to infect victims with the crypto-locking malware - has been leaked, after someone posted the software to virus-scanning service VirusTotal. Whether the leak was intentional - perhaps a rival gang seeking to burn the operation - remains unclear.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.
Wendy Nather, head of advisory CISOs at Cisco, recently teamed up with researcher Wade Baker to investigate cybersecurity metrics and determine how to make a cybersecurity program measurably more successful. She shares some of her more surprising findings.
The FTC rejected arguments from major technology companies and trade groups that independent repair shops increase risks to data security. That could help propel the "right to repair" movement, which contends manufacturers use anticompetitive tactics to lock consumers and independent repairers out.
Anyone wanting to invent a system designed to stoke widespread abuse by fraudsters would be hard-pressed to best the non-fungible token. Because they get bought and sold using cryptocurrency, it's only a question of when scammers will turn their attention to defrauding NFT aficionados.
Customers of Indian payments platform MobiKwik appear to have gotten a lucky break: A listing for 8.2TB of stolen data pertaining to 99 million customers was withdrawn by a cybercrime forum seller, supposedly because of the public risk posed. MobiKwik continues to deny that it was breached. Who's to be believed?
Security practitioners often tread a fine and not entirely well-defined legal line in collecting current and meaningful research. This research can also pose ethical questions when commercial sources for stolen data fall into a gray area.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.
What happens when an e-commerce retailer sends customers a data breach notification email with a subject line that reads "strictly private and confidential"? "Clearly trying to make people stay quiet," responded one unamused Fat Face customer. Others report being none the wiser as to what risks they now face.
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