To excel at cybersecurity incident response, start with planning, preparation and, ideally, regular tabletop exercises, say Kevin Li, CISO for MUFG Securities Americas, and Rocco Grillo, managing director of Alvarez & Marsal's Disputes and Investigations Global Cyber Risk Services practice.
Mark Read, head of data breach solutions for TransUnion in the UK, shares insights on the current data breach landscape, including how businesses should respond to a data breach in order to reduce its impact. "The most successful responses often include the offer of a remediation solution," he says.
A report from the company behind the world's most ubiquitous operating system depicts active cyber scrimmage between Russia and Ukraine and Russia and a slew of other countries. Fighting it is the work of private-public collaboration, Microsoft President Brad Smith writes.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
The latest edition of the ISMG Security Report investigates the reboot of ransomware group Conti, which supports Russia's invasion of Ukraine. It also discusses why paying ransomware actors is a "business decision" and how to respond to the talent shortage in the financial sector.
The intersection of fraud and identity has never been more important, says Mary Writz, vice president of product management, ForgeRock. She discusses the benefits of bringing these traditionally separate departments together to fight fraud and how to handle budgets and metrics across the two teams.
A popular line of portable electrocardiographs contains vulnerabilities that allow hackers to execute commands and access sensitive information, federal authorities warn. Device manufacturer Hillrom Medical has released a patch and coordinated disclosure with CISA.
"Credential phishing is off the charts," says Tonia Dudley of Cofense. She discusses the challenge for organizations to strike a balance between having the right controls in place to block malicious emails and stopping the business from receiving legitimate emails.
Former ISACA board chair Rob Clyde shares highlights from ISACA's "Supply Chain Security Gaps: A 2022 Global Research Report," in which 25% of respondents say they experienced a supply chain attack last year, and offers recommendations for assessments and testing of software.
The U.S. Cybersecurity and Infrastructure Security Agency has begun issuing alerts about 56 flaws across operational technology equipment built by 10 different vendors. Researchers at Forescout Technologies say the flaws trace to poor design decisions by vendors.
Having to decide whether to pay a ransom to cybercriminals is a decision no one wants to make. But Gartner's Paul Furtado and Hearing Australia CISO Daniel Smith say practitioners should stay objective and leave the decision - and the subsequent moral implications - to the business.
In the latest "Proof of Concept," Lisa Sotto of Hunton Andrews Kurth LLP and former CISO David Pollino of PNC Bank join ISMG editors to discuss the many new privacy laws in the U.S., current ransomware and scam trends, and handling the potential corporate risk of sharing information on social media.
A publicly traded issuer of home mortgages is notifying 1.5 million consumers of a December cyber incident on its network that leaked PII, including customers' Social Security numbers. Flagstar Bank discovered the breach on June 2 and there has been no evidence of data misuse so far.
Belgian and Dutch police with the support of Europol dismantled an organized crime gang involved in carrying out phishing, money laundering and other scams. Nine suspects are in detention after stealing several million euros, authorities say.
Insurance claims being filed by ransomware victims are growing as criminals continue to hit businesses with crypto-locking malware. To avoid these claims, organizations can take a number of proven steps to better protect themselves, says Payal Chakravarty of Coalition.
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