A fertility testing laboratory has agreed to improve its data security practices and pay up to $1.25 million to settle a consolidated class action lawsuit filed in the wake of a 2021 ransomware attack that compromised sensitive health information of about 350,000 patients.
A U.S. federal watchdog said government agencies could better synchronize efforts to improve water and wastewater sector cybersecurity efforts and faulted the Cybersecurity and Infrastructure Security Agency for not coordinating well with the Environmental Protection Agency.
In the latest weekly update, ISMG editors discussed how the surge in API usage poses challenges for organizations, why good governance is so crucial to solving API issues and how The New York Times' legal action against OpenAI and Microsoft highlights copyright concerns.
In a year in which the financial impact of cyberattacks has more than doubled to $1.4 million, organizations are exploring generative artificial intelligence but so far mostly sticking to machine learning, Dell reported on Tuesday after surveying 1,500 IT and security decision-makers.
Ransomware-wielding attackers show no signs of stopping, and experts report December 2023 was the second-worst month on record for known victims. Lately, Akira-wielding attackers have been hitting Finland hard, and Medusa has been behind a rising number of attacks.
Financially motivated Turkish hackers are targeting Microsoft SQL servers in the United States, Europe and Latin America in hacking that ultimately ends with deployment of Mimic ransomware or the sale of access to infected hosts on criminal online markets.
Australian fashion and sports retailer The Iconic has blamed careless customers for a spree of incidents that allowed hackers to access customer accounts and place orders worth thousands of dollars. The firm said customers made themselves easy targets by reusing passwords across multiple websites.
Fraudsters have long relied on mule accounts to deposit proceeds from a variety of scams, but financial crimes investigators are seeing a shift to dropped accounts, which can be opened and quickly discarded to evade detection by law enforcement, said M&T Bank's Karen Boyer.
This week: Microsoft addressed 48 security flaws, AsyncRAT targeted critical infrastructure operators, the Supreme Court rejected X Corp.'s bid to disclose national security requests, hackers hit Beirut airport flight displays, the FTC banned Outlogic from sharing sensitive location data, and more.
While cybercriminals and advanced persistent threat groups have long abused legitimate internet services both to scale and disguise various types of attacks, a new report warns of a growing challenge posed by the illegitimate use of GitHub and offers essential defenses for users.
Hackers possibly connected to the Chinese government since December have exploited two zero-days in a VPN from software developer Ivanti that is widely used by governments and corporations, and a patch won't be available until later this month.
This week, hackers ran crypto phishing scams on X accounts, the SEC approved bitcoin ETP, hackers stole $3.4 million from Gamma, dYdX detailed post-hack steps, CertiK published 2023 hack stats, TRM Labs discussed North Korean hacking and Apple India blocked users from offshore crypto exchanges.
To get the right security tools for your hybrid environment, it is important to have clarity about your cloud strategy, experts from NetWitness said. While the pandemic forced businesses to be on the cloud, they are now in a stage where they are rethinking their cloud strategies.
Merck & Co.'s proposed settlement with insurers over a $1.4 billion claim related to the NotPetya attack will change the language the insurance industry uses to exclude acts of war in its policies, and organizations need to consider how those changes affect risk, said attorney Peter Halprin.
Google Cloud's Mandiant says its account at X, formerly Twitter, was hijacked and used to link to cryptocurrency phishing pages after an attacker guessed the account password, apparently after Twitter last year deactivated the account's SMS-based two-factor authentication, leaving it unprotected.
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