Three suspected Chinese espionage actors aimed a series of cyberattacks against an unnamed Southeast Asian country's critical infrastructure, healthcare and government organizations. Researchers attributed the hacks to APT group Mustang Panda, known for espionage attacks on foreign governments.
Chicago-based CommonSpirit is still waiting to hear back on its insurance claim for an October 2022 ransomware attack, but the hospital chain said disruption of some facilities and "significantly" hampered billing and collection activities contributed to a $1.4 billion operating loss for the year.
Under new U.S. Securities and Exchange Commission rules, companies must disclose material cybersecurity incidents and annually report on cybersecurity risk management, strategy and governance. Alex Hamerstone, advisory solutions director at TrustedSec, discussed the challenges ahead.
Chinese and North Korean nation-state groups continue to pose significant "unique threats" to the U.S. healthcare and public health sector, including data exfiltration attacks involving espionage and intellectual property theft, federal authorities warned Thursday in a brief naming the top groups.
The Hong Kong Consumer Council said it had detected a severe ransomware attack on Wednesday that compromised 65 gigabytes of data, including employee and client information, internal records and possibly the data of current and former staff and their family members.
An Ohio community college is notifying 290,000 people of a data theft breach this spring that may have compromised their personal and health information. Security researchers say small schools such as this are now favored targets. Some 80% of schools have reported hacking incidents in the past year.
Indian government officials say they may delay enforcement of the new Digital Personal Data Protection Act to give small businesses and healthcare organizations more time to comply. A decision on the deadline will come sometime after the appointment of a Data Protection Board in the next 30 days.
Federal authorities are warning of "significant risk" for potential attacks on healthcare and public health sector entities by the North Korean state-sponsored Lazarus Group involving exploitation of a critical vulnerability in 24 Zoho ManageEngine products.
Microsoft said Chinese state-affiliated groups have stepped up cyberattacks in 2023 against countries in the South China Sea region - even hacking telecom firms to steal call records for cyberespionage. The most active group, Raspberry Typhoon, targets governments, militaries and infrastructure.
The Ukraine war underscores the threats posed by cyberwarfare. India faces its own threats, which means public and private sectors need to work together to defend against nation-state attacks, according to retired Lt. Cdr. Antony KM, vice president of internal audit and cybersecurity at NAB India.
Vice President at Appgate, Mike Lopez, offers his expert analysis on the survey findings and how this year's results were unique to the most current cyber threats.
Welcome to our report summarizing the 2023 Faces of Fraud survey. We are most grateful to our 150+ industry contributors who answered our questions frankly to enable us to provide a snapshot of the frauds causing most concern for financial services in 2023.
The data shared in this report, as well as expert...
Cybersecurity experts urged Congress to avoid a government shutdown on Oct. 1 - the start of the new federal fiscal year - telling a House panel that a lapse would damage efforts to keep the nation secure. Congress has yet to approve funding bills necessary to keep most federal agencies operational.
Any healthcare organization that embeds tracking technologies in its website should carefully review whether it is inadvertently violating HIPAA or other federal regulations, said Nick Heesters, senior adviser for cybersecurity at the Department of Health and Human Services' Office for Civil Rights.
Established provider LexisNexis Risk Solutions remains atop Forrester's digital fraud management rankings, while upstart Sift broke into the leaders category for the first time. Many providers in the space have expanded from payment transactions to account takeover fraud as well as handling scams.
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