Cisco says it fell victim to a successful hack attack and data breach in May. While an attacker wielding Yanluowang ransomware claimed to have exfiltrated data and crypto-locked systems, Cisco says nothing sensitive was stolen and no systems were infected by ransomware.
Twilio, which runs a customer engagement platform used by thousands of businesses, says that its employees were tricked via SMS phishing messages into giving attackers their login credentials, resulting in the theft of information on customers, as well as their customers and end users.
With attack surface sprawl and growing numbers of vulnerabilities to address, security and IT teams are increasingly challenged to meet remediation targets. To overcome this problem, teams need an automated way of identifying and correlating the highest risk vulnerabilities with the right remediation steps.
For...
With attack surface sprawl and growing numbers of vulnerabilities to address, security and IT teams are increasingly challenged to meet remediation targets. To overcome this problem, teams need an automated way of identifying and correlating the highest risk vulnerabilities with the right remediation steps.
For...
The ISMG Security Report analyzes a settlement with the U.S. Justice Department, in which Uber accepts responsibility for a data breach cover-up to avoid criminal charges. It also discusses why early-stage startups are conserving cash and recent initiatives from the U.S. Federal Trade Commission.
Data breaches in the healthcare sector cost about $10.1 million - more than double the average cost of breaches across other industries - once again ranking the sector as having the most expensive data breaches, says Limor Kessem, principal consultant of cyber crisis management at IBM Security.
Ride-sharing service Uber has reached an agreement with the U.S. Department of Justice to resolve a criminal investigation into its massive 2016 data breach. After Uber admitting to covering up the data breach, as well as several other factors, the government has ended its prosecution.
A proposed $350 million settlement of a consolidated class action lawsuit against T-Mobile, after a 2021 data breach that affected nearly 77 million people, includes breach victims and related legal costs. The settlement requires T-Mobile to invest $150 million to bolster data security.
A misconfigured Alibaba private cloud server has led to the leak of around 1 billion Chinese nationals' personal details. An unknown hacker, identified as "ChinaDan," posted an advertisement on a hacker forum selling 23 terabytes of data for 10 bitcoins, equivalent to about $200,000.
India's stock brokers and depository participants must now report all cyberattacks and breaches to the Securities and Exchange Board of India within six hours of detection under a mandate implementing what is likely the world's tightest breach reporting timeline requirement.
Publicly traded companies will need to beef up their cybersecurity knowledge since the the U.S. Securities and Exchange Commission is proposing rules and guidelines that would mandate more stringent oversight of cyber risk, says Roger Sels, former vice president of cyber solutions for BlackBerry.
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
A bipartisan U.S. proposal for a national privacy law also imposes new cybersecurity regulatory mandates onto the private sector. The inclusion of a data security section in draft privacy legislation shows the Washington consensus for voluntary industry measures is wearing thin.
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The interconnectedness and interdependence of today’s world has led to incredible growth, innovation and benefits across the technology sector. But when considering cybercrime and cyberattacks, that interconnectedness and interdependence could lead to more disruption, destruction and broad-reaching collateral...
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