On day five of the Windows outages due to a faulty CrowdStrike update, there is cautious optimism as IT experts report significant restoration of downed systems. One IT asset management provider said that 93% of affected CrowdStrike systems across its customer base appear to have been fixed.
Hackers stole sensitive information belonging to roughly half of Australia's population during an April ransomware attack against e-prescription firm MediSecure, which says it can't afford the incident's "significant" response costs. The company has announced its liquidation.
Microsoft's statement that a faulty CrowdStrike update affected less than 1% of active Windows systems doesn't tell the full story, since large organizations in critical sectors make up a disproportionate part of the user base, as the outages in healthcare, transportation and banking demonstrate.
Expect the global IT disruptions caused by a bug in CrowdStrike's software to prompt quality assurance questions for the cybersecurity vendor. Experts say the incident also highlights shortcomings in the Windows operating system, as well as many organizations' business resiliency plans.
Banks, airlines, media giants and others are being disrupted by a mass, global IT outage tied to Windows PCs. While CrowdStrike has issued a workaround tied to a Falcon software update that appears to be the culprit, many IT administrators say it so far remains difficult to implement at scale.
Ransomware remains a major threat to energy, oil/gas and utilities organizations of all sizes around the globe. Our 2024 state of ransomware report reveals that the median recovery costs for two critical infrastructure sectors - energy and water - quadrupled to $3 million over the past year.
This week, North Korean hackers targeted macOS users, Bassett Furniture suffered a ransomware attack, Interpol arrested 300 and seized $3 million, new details emerged about Designed Receivable Solutions, Repligen reported a cyber incident, and MarineMax reported a data breach.
We can't overlook the human factor. The adoption of Zero Trust is a response to the vulnerabilities that human actions can introduce, and AI is expected to bring greater automation to help organizations achieve their cybersecurity objectives faster.
CEO Nick Schneider explains Arctic Wolf's success with MDR and ITDR services, highlighting the company's unique security operations cloud and concierge delivery model. He also discusses Arctic Wolf's rapid expansion across Europe, Asia and Australia/New Zealand.
Orca Security CEO Gil Geron outlines the integration of AI for advanced security posture management. He emphasizes the importance of deep visibility into cloud environments, customer adoption and preventing security issues early in the development life cycle.
Aqua Security carried out its second round of layoffs since 2022 as the future prospects for stand-alone cloud security vendors look increasingly uncertain. Aqua said axing 10% of its workforce will ensure Aqua continues on a path to profitability that's aligned with current economic conditions.
In its initial legislative agenda, the United Kingdom's newly elected Labour government has introduced a new cybersecurity bill in a bid to address rising cyberthreats to the country. The bill seeks to reduce the severity of cyberattacks on essential services and improve cybersecurity preparedness.
Fallout from the February ransomware hit on Change Healthcare, including the theft of data pertaining to up to one-third of Americans, has so far led to $2 billion in costs and may yet reach $2.5 billion, says parent company UnitedHealth Group.
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