With breaches on the rise and the average cost of a healthcare breach reaching a staggering $10.1 million in 2022, third-party risk management is a growing concern in the healthcare industry. Venminder CEO James Hyde offers tips on reducing risk exposure from vendor relationships.
Thoma Bravo, Vista Equity Partners and rival Francisco Partners have set their sights on a new target: Sumo Logic. Each of the three private equity firms has approached the Silicon Valley-based data analytics software vendor expressing interest in a possible acquisition, The Information reports.
eSentire has used the $325 million it received in February to leverage data from its Atlas XDR platform and strengthen customers' positions around cyber resiliency. The Kitchener, Canada-based company has shifted its focus from alerts and data to business worries and business risk.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Essential reading for network defenders: CircleCI's report into its recent breach, which began when malware infected an engineer's laptop. After stealing "a valid, 2FA-backed" single sign-on session cookie, attackers stole customers' secrets and gained unauthorized access to third-party systems.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.
Pity the overworked ransomware gang - say, LockBit - that just "discovered" one of its affiliates hit Britain's postal service. But until Western governments find a way to truly disrupt the ransomware business model, operators remain free to keep spouting half-truths and lies at victims' expense.
The prolific ransomware group LockBit has been tied to the recent disruption of Britain's national postal system, as Royal Mail reports it remains unable to send international letters or parcels. While LockBit has enjoyed unusual longevity, could this attack be its undoing?
Since Elon Musk became Twitter's CEO, cyber risks have affected the social media company in technological, financial, regulatory and reputational ways. Marco Túlio Moraes says the big issue is that the risks now affect a significant digital business world asset: trust.
Twitter says a massive collection of purported user data being sold and then leaked via cybercrime markets was not amassed by exploiting a vulnerability in its systems but is instead "likely a collection of data already publicly available online through different sources."
Darknet markets offering illegal drugs and fraudster tools and services are thriving, despite the constant threat of law enforcement infiltration, disruption, takedown and arrests. In response, multiple drug markets have launched customized Android apps to handle buying, selling and fulfillment.
Anytime critical infrastructure gets disrupted, the first question inevitably seems to be: Was a cyberattack to blame? So it went Wednesday when the Federal Aviation Administration announced a "ground stop," prohibiting all U.S. flights from taking off, due to an overnight system failure.
Although small to medium enterprises - SMEs - do not have the security resources larger enterprise possess, they face the same risks. Here are five reasons you should consider consolidating your tech as you strive to find an effective, sustainable security stack that also keeps costs in check.
Seattle police have charged an online retailer's "shopping experience" software programmer with engineering a fraud scheme based on the movie "Office Space," in which malicious software was used to transfer a fraction of every transaction into an outside account.