According to the 2023 Cisco Cybersecurity Readiness Index, only 15% of companies surveyed are ready to defend against cybersecurity threats. The findings in the report underscore organizations' need to be better equipped to defend against ongoing threats such as phishing, ransomware, and account compromise.
The European cyber agency continues to remain underfunded despite the surge in ransomware and other cyberthreats, the organization's chief said in a recent hearing. The ENISA chief called on the European Commission to hold regulatory consultations to address the existing policy gaps.
A finalist at this year's RSA Innovation Sandbox contest landed Series A funding to detect threats and secure access for nonhuman identities. The $25 million will enable Astrix Security to expand from managing access for nonhuman identities to understanding threats to services and applications.
A startup founded by longtime Israeli Military Intelligence leaders landed Series B funding to support the cloud and on-premises data protection needs of hybrid organizations. The $100 million will help Cyera expand and broaden its offering to cover more pain points enterprises are experiencing.
European police on Tuesday confirmed the arrests of more than 6,000 people who were formerly active in defunct encrypted messaging service EncroChat. Authorities charged more than 200 top-level operators and seized drugs, guns and more than 900 million euros.
Ukrainian cyber police raided and closed more than a dozen fraudulent call centers last week, saying the operations were running fake investment scams that involved stealing cryptocurrency and payment card details from European and Central Asian citizens.
The tally of organizations affected by the Clop ransomware group's supply chain attack against users of Progress Software's popular MOVEit file transfer software continues to grow. UCLA and New York City schools - including students and staff - are the most recently named victims.
While CISOs need to show the security road map to the businesses, they also cannot act as a showstopper for them. Rather than understanding only the technical nuances of a company, a CISO must invest time to understand the function of each stakeholder, said Silvia Lam Ihensekhein of Swire Coca-Cola.
Socure has purchased a document verification startup founded by former members of Airbnb's Trust and Safety Team for $70 million to better detect fake identities. The deal will help Socure optimize the digital capturing and back-end processing of driver's licenses and passports at faster speeds.
As generative AI applications become more common in healthcare, organizations will need to carefully consider critical third-party risk issues involving the use of these technologies, said Damian Chung, business information security officer at security firm Netskope.
Digital Nasional Berhad, which manages Malaysia's 5G network, follows five principles to ensure a cyber-resilient network. Baljit Dhillon shared how the organization focuses on secure design, zero trust, supply chains, detection and understanding the impact of a compromise.
A Chinese state hacker is using novel tradecraft to gain initial access to victim systems, according to CrowdStrike. Targeted organizations include those in the communications, manufacturing, utility, transportation, construction, maritime, government, IT and education sectors.
A Berlin, Maryland-based hospital recently told regulators that a ransomware breach discovered in January had compromised the sensitive information of nearly 137,000 patients, about five times the number of people originally estimated as having been affected by the incident.
Irish Parliament has proposed changes to a new bill that would make it a criminal offense to disclose privacy reprimands issued by the Data Protection Commission. Civil rights groups are accusing the government of shielding the country's privacy regulator from criticism.
The Securities and Exchange Commission accused SolarWinds CFO Bart Kalsu and CISO Tim Brown of violating securities laws in their response to the 2020 cyberattack. Kalsu and Brown are among "certain current and former executive officers and employees" targeted by the SEC for alleged violations.
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