A Nigerian national has pleaded guilty to participating in a business email compromise scheme that stole $1.25 million from a Boston investment firm. Perpetrators used malware to intercept an employee's emails as well as spoofed email accounts to trick the employee's London financial services firm.
Spanish police estimate that a group that mainly targeted ATMs of Spanish national banks using cloned payment cards had fraudulently pocketed nearly 196,000 euros. Authorities arrested three suspected members of the group Sunday in the Spanish coastal city of Valencia.
Colorado's Department of Higher Education is warning that it suffered a ransomware attack in June, in which attackers stole personal data on current and past students and teachers, dating from 2004 to 2020. While the state has yet to wrap its probe, the victim count could be massive.
The Biden administration says it wants to get ahead of ransomware attacks against schools before K-12 education resumes in the fall. "We must take cyberattacks on our schools just as seriously as we take physical attacks on critical infrastructure," said Cindy Marten, education deputy secretary.
Authorities are sounding the alarm about double-extortion attacks against healthcare and public health sector organizations by a relatively new ransomware-as-a-service group, Rhysida, which until recently had mainly focused on entities in other industries.
The U.S. federal government acknowledged that it is lagging behind on border gateway protocol security practices. Officials from several government agencies, ISPs and cloud content providers organized a workshop to understand the latest security improvements underway.
WatchGuard's presence on both the endpoint and network allows the company to accelerate response and remediation times on behalf of MSPs, CEO Prakash Panjwani said. MSPs can determine how much of the response they want WatchGuard to automate based on their level of sophistication.
A targeted cyberattack against Britain's national healthcare system could lead to "second-order impacts" such as delays and cancellations, the U.K. government warns. The probably of such an attack occurring during the next two years could be as high as 1 in 4.
In the latest weekly update, Troy Leach, chief strategy officer at Cloud Security Alliance, joins ISMG editors to discuss preparing for new regulations, new requirements for third-party cloud penetration testing, and the opportunities and risks of AI in the financial sector.
A ransomware attack has forced a California-based hospital chain to divert ambulances from its emergency rooms and cancel appointments for services. The group of 17 hospitals, 166 outpatient clinics and various doctor practices is still recovering after an IT systems shutdown.
Fortra has pursued acquisitions in the infrastructure protection, data protection, and digital risk and email protection markets to help customers improve security posture. CEO Kate Bolseth said clients told Fortra they had challenges within segments such as security awareness and managed services.
The U.S. government is urging computer manufacturers to improve the security of firmware architecture that boots up devices after a powerful bootkit sparked concerns over permanent malware infections. Among its recommendations are that all UEFI developers implement dedicated PKI for updates.
ServiceNow wants to apply generative AI to its knowledge around how customer environments are configured to help organizations harden their digital attack surface. Security product leader Lou Fiorello said ServiceNow will use generative AI to leverage its presence across the entire enterprise.
A five-year-old flaw in Fortinet SSL VPNs remains one of the world's most widely exploited vulnerabilities. So warn cybersecurity officials across the U.S. and its Five Eyes partners in a joint security advisory highlighting the 12 most exploited flaws that require immediate patching.
A delay in finalizing enterprise deals and a shorter average contract duration have forced Fortinet to lower its sales forecast going forward. The Silicon Valley-based platform security vendor said average contract length shortened from 29.5 months to 28 months in the fiscal quarter ended June 30.
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