The economic downturn has laid bare just how much of a disaster special purpose acquisition companies have been for the cyber industry. Despite this, confidential computing security vendor Hub decided to try its luck with a SPAC. So far, Hub's time on the Nasdaq Stock Exchange hasn't gone well.
Hackers have been selling data stolen from an online health insurance marketplace used by members of Congress and residents of Washington, D.C. The cause, size and scope of the breach are still unknown. The data pertains to "numerous" lawmakers as well as their spouses, dependents and employees.
A cyberespionage campaign using Trojanized apps implanted with a backdoor to exfiltrate sensitive data is making the rounds in India and Pakistan. Researchers at cybersecurity firm Eset identify the threat actor as Transparent Tribe, a group aligned with the Pakistani government.
The British government is proposing modifications to the European privacy law adopted as British law before the U.K. left the EU. Civil society groups warn that changes to the U.K. GDPR could lead to more surveillance. Some tech firms say the government is poised to increase its regulatory burden.
The Department of Health and Human Services and the Health Sector Coordinating Council on Wednesday published an updated toolkit that aims to help healthcare entities align security programs with the National Institute of Standards and Technology's Cybersecurity Framework.
A French law requiring companies to report cyber incidents to authorities within 72 hours or lose their eligibility for cyber insurance reimbursement has practitioners scratching their heads. Global companies with headquarters in France will have the most uncertainty, experts say.
Records of more than half a million customers of a lending service owned by India's largest private sector bank are apparently downloadable for free on a criminal data breach forum. HDFC Bank says it detected a data breach at one of its service providers that processes customer information.
Key to the business success of top ransomware groups remains their ability to find innovative new ways to amass victims. For Hive, which received more than $100 million in ransom payments before being disrupted by law enforcement, the new business strategy that helped it thrive was co-working.
Identity verification and e-signature firm OneSpan is working with investment bank Evercore on a sale process that could attract interest from other businesses and private equity firms, Reuters reported. This follows five publicly traded cyber vendors agreeing to go private since the start of 2022.
CrowdStrike hopes to capture more small and midsized organizations through a new product bundle, revamped e-commerce portal and renewed partnership with Dell. CEO George Kurtz says becoming the exclusive endpoint security partner of PC giant Dell will help CrowdStrike reach small businesses.
Privacy concerns involving the tracking, collection and disclosure of sensitive health data of consumers - without their knowledge or consent - remain top enforcement priorities for federal regulators, as well as top legislative fodder for some members of Congress.
A dozen U.S. senators on Tuesday introduced legislation backed by the White House charging the federal government with initiating a process to systematically block foreign technology from reaching the domestic market when the tech poses a national security threat.
Arctic Wolf has expanded its security operations platform into threat intelligence, incident response and cyber insurance, says CEO Nick Schneider. The company has focused on putting businesses in the best possible position to answer questions from insurance carriers following a security incident.
Germany may belatedly ban Chinese-built telecommunications gear from its 5G networks on national security grounds as the country's Federal Office for Information Security, the BSI, conducts a review. The majority of 5G radio access network equipment in German networks comes from Chinese vendors.
A Russian threat actor headed by two prank callers whose targets for duplicity coincide with Kremlin state interests has for a year now leaned heavily into using email to schedule video calls with high-profile North American and European officials and executives.
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