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.
A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.
Increased engagement from boards on digital transformation initiatives around cloud and AI adoption has spurred greater investment in cybersecurity, said Google Cloud CISO Phil Venables. Systems built and designed decades ago have become increasingly difficult to secure, he said.
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.
Cisco's proposed $28 billion buy of Splunk allows businesses to move from threat detection and response to threat prediction and prevention by combining XDR and SIEM. The deal brings together Cisco's newly released XDR platform with Splunk's long-standing SIEM technology.
A recent, brief disruption at Canadian airports is a reminder that Russia-aligned hacking groups' bark remains worse than their bite. Experts say these groups' impact largely remains minimal, which begs the question of how they disrupted arrival kiosks across Canadian airports.
In Part 3 of this three-part blog post, Nikko Asset Management's Marcus Rameke discusses why opting for SaaS or PaaS over IaaS is a sensible decision for most businesses, why cloud solutions are preferable to on-premises HCI, and how to achieve environmental sustainability.
It turns out SIEM isn't on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren't scrapping the security operations center staple anytime soon, even though rivals with other types of security technology have attempted to write SIEM's obituary for years.
WatchGuard purchased a Massachusetts company to extend network detection and response capabilities traditionally reserved for high-end enterprises to the midmarket through MSPs. The deal gives WatchGuard clients more visibility into east-west network traffic and activity taking place on the cloud.
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.
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