Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million, according to the company's latest financial report. The company has said that the Maze ransomware gang was behind the attack.
Zoom has reached a settlement with the New York state attorney general's office to provide better security and privacy controls for its videoconferencing platform. Meanwhile, the company announced it's acquiring a start-up encryption company.
Even in the best of economic circumstances, enterprises face risks of insiders stealing data or selling access to systems. But Joseph Blankenship of Forrester says the possibility of layoffs due to the COVID-19 pandemic puts enterprises at more risk of insider threats.
Over the last five years, a hacking group that's apparently tied to China has been targeting government ministries in the Asia-Pacific region as part of a cyber-espionage campaign, according to Check Point Research.
Hackers are attempting to sell a fresh trove of approximately 26 million user records apparently obtained from three data breaches, according to researchers at the security firm ZeroFox.
As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.
The latest edition of the ISMG Security Report analyzes the many challenges involved in developing and implementing contact-tracing apps to help in the battle against COVID-19. Also featured: A discussion of emerging privacy issues and a report on why account takeover fraud losses are growing.
Microsegmentation is an essential element of a "zero trust" approach to security, says Ritesh Mishra, global head, IT infrastructure and security at Dr. Reddy's Laboratories, who explains why in this interview.
Ransomware attacks hit at least four large organizations around the world this week, including a hospital group in Europe that has been battling the COVID-19 pandemic.
Cybercriminals are hiding malicious JavaScript skimmers in the "favicon" icons of several ecommerce websites in an effort to steal payment card data from customers, researchers at Malwarebytes say.
Web hosting giant GoDaddy confirms that a data breach has affected about 28,000 of its customers' web hosting accounts, according to a news report. The company has reset passwords and usernames for some customers as a precaution, although it says no data appears to have been altered.
In honor of World Password Day, here's a task for every organization that uses remote desktop protocol: Ensure that all of your organization's internet-facing RDP ports have a password - and that it's complex and unique.
India is modifying its 2020 National Cybersecurity Policy to take into account the shift to teleworking as a result of the COVID-19 pandemic, says Lt. Gen. (Retd) Rajesh Pant, national cybersecurity coordinator.
Kaiji, a newly discovered botnet, is compromising Linux servers and IoT devices using brute-force methods that target the SSH protocol, according to the security firm Intezer. The botnet has the capability to launch DDoS attacks.
German prosecutors believe that an alleged Russian hacker who apparently is a member of an elite military unit is responsible for the 2015 cyberattack against Germany's parliament, according to a news report. Earlier, the suspect was charged in connection with U.S. 2016 election interference.
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