With 16% of U.S. citizens using a cryptocurrency trading platform, OCC acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.
More than a year after the December 2020 cyberattack on Accellion's File Transfer Appliance, the company has agreed to an $ 8.1 million settlement to resolve a class action against it following the data exposure that resulted in the theft of both consumer and patient data.
The FCC is considering changes to its breach notification requirements for telecommunication companies. FCC Chairwoman Jessica Rosenworcel confirmed in a statement this week that the agency is strengthening its rules for both customer and federal law enforcement notification of breaches involving customer proprietary...
A family medical practice is notifying nearly 200,000 individuals that their information was compromised in a 2020 ransomware attack on cloud hosting vendor Netgain Technology, an incident that also affected several of the vendor's other clients and hundreds of thousands of their patients.
Maryland officials confirm that a December cyberattack on the state's health department, which is still disrupting some services, involved ransomware - but that no ransom was paid. Also, lawsuits have been filed against a Florida specialty pharmacy in the wake of a November cyber incident.
Police in Ukraine have arrested five individuals on suspicion of using ransomware to extort more than 50 companies across the United States and Europe, as well as to provide an IP-changing service to international hackers to help them distribute malware, steal sensitive data and disrupt sites.
Proofpoint, which was acquired by private equity firm Thoma Bravo in 2021, has merged with Dathena, a New York-based AI data protection platform. Dathena's platform will address the need in Proofpoint's cloud management platform for safeguards against breaches and data exposure.
Amid a surge in cryptocurrency investment - particularly across DeFi - blockchain experts warn that lax security was a main factor in $1.3 billion in cryptoassets being lost to hacks, exploits and scams in 2021. The losses, according to CertiK, rose from $500 million in 2020.
Healthcare and public health sector entities must heed the warnings this week by federal authorities of Russian state-sponsored cyberthreats to critical infrastructure organizations, some experts say. Why are the stakes so high?
The Cyberspace Administration of China's new regulation for companies that offer algorithm-based recommendation services has been met with caution. Some statements in the regulation, which is to go into effect on March 1, are vague enough to be abused, and confidentiality is also a concern.
Top U.S. cybersecurity leaders continue to warn against the peril of Apache Log4j vulnerabilities, confirming on Monday that hundreds of millions of devices worldwide are likely affected by the logging utility flaw, although the response, in terms of scope and speed, has been "exceptional."
U.S. authorities are warning healthcare sector entities of rising threats involving Pysa ransomware and the cybercriminal gang Mespinoza, which operates the malware variant. Meanwhile, healthcare entities in the U.S. and globally continue to battle an assortment of cyberattacks and their fallout.
The EU's law enforcement agency, Europol, has been ordered by a watchdog to not retain for longer than six months any personal data it stores pertaining to individuals who reside in the EU, unless it has ascertained that the individuals are tied to an investigation or criminal activities.
French data protection agency CNIL has imposed fines of $170 million on Google and $66 million on Facebook for not complying with cookie regulations. The watchdog has ruled that the firms should make opting out of cookies as simple as opting in, or pay a $113,000 fine for each day of delay.
A Chicago-based fertility center has reported that a hacking incident detected in February 2021 has affected the protected health information of nearly 80,000 individuals. The breach is among the latest major security incidents involving fertility healthcare providers.
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