As President Joe Biden visits Europe this week, the U.S. and the European Commission announced they have agreed in principle to a new Trans-Atlantic Data Privacy Framework. Officials say it will foster cross-border data flows and address concerns raised by the EU Court of Justice in 2020.
In the latest weekly update, editors at Information Security Media Group discuss important cybersecurity issues, including the White House warning about escalated cyberthreats from Russia, the impact of the Russia-Ukraine war on the healthcare sector and why combating SIM swap fraud remains challenging.
Online attackers are increasingly targeting the financial services sector. John Fokker, head of cyber investigations at Trellix, says his firm has charted a 22% quarterly increase in ransomware attacks on financial services, and APT detections have risen by 37%. Here's how the industry must respond.
The Health Information Sharing and Analysis Center is closely assessing the Russia-Ukraine war to assist its members, as well as other healthcare sector entities, to prepare for the potential known and yet-unknown cybersecurity threats that could affect them, says H-ISAC President Denise Anderson.
In this interview with Information Security Media Group, Tony Richards, Office of the CISO, Google Cloud, and Tim Erridge, Vice President of Services, Unit 42 Palo Alto Networks, discuss how security leaders can strengthen their threat intelligence programs to successfully preempt future attacks.
The number of major health data breaches posted to the federal tally so far in 2022 - and the total number of individuals affected by those breaches - has surged in recent weeks as reports of large hacking incidents continue to flow in to regulators.
IT officials from Ukraine continue to call out alleged Russian cyberattacks. This comes as hacktivists have taken matters into their own hands in the digital underground. Also: NATO pledges additional cyber support, while President Joe Biden urges U.S. governors to bolster defenses.
The latest edition of the ISMG Security Report reviews the latest cyber resilience "call to action" from the White House and also explores authentication provider Okta's failure to inform hundreds of customers in a timely manner that their data could have been stolen by the Lapsus$ group.
A public health department and a medical specialty practice are among the latest entities reporting major hacking incidents affecting tens of thousands of individuals' sensitive health information. Some experts say the breaches follow disturbing, evolving cyber trends.
Just days before U.S. President Joe Biden warned that intelligence is pointing toward potential Russian cyberattacks against the U.S., the FBI reportedly issued an urgent bulletin contending that Russian IP addresses have conducted network scanning activity on at least five U.S. energy firms.
Greek postal service Hellenic Post says a ransomware incident has forced it to pull a majority of its operations offline. It is working with IT security experts to probe the attack and restore services. Its subsidiary ELTA Courier has taken over nearly all operations to maintain business continuity.
Just one day after the White House warned that intelligence is pointing to potential offensive cyberattacks out of Moscow, European Union officials are calling for more stringent cybersecurity rules.
Yet another ransomware-wielding group of criminals has hit an organization in the health sector. This time, it's cybercrime group RansomEXX, which has been trumpeting an attack against the Scottish Association for Mental Health. The crime gang says it has stolen more than 12GB of data from SAMH.
Identity management company Okta and Microsoft have confirmed breaches by the Lapsus$ group, which has been on a high-profile hacking spree. Okta is facing increasing pressure to more fully describe the impact of its incident, as Okta's identity systems are widely used across enterprises.
Prospects of Russia reviving its economy via cryptocurrency remain limited, officials have said, but the U.S. Treasury Department is reportedly warning that it has detected a rise in the use of digital assets for illicit transactions, including after Feb. 24, when the war began.
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