The U.S. Department of the Treasury unveiled additional steps to curb the illicit use of cryptocurrencies on Friday, warning enterprises not to engage with sanctioned entities exploiting the financial system - particularly to launder ransomware proceeds.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
Democratic lawmakers on the House Committee on Energy and Commerce announced legislation that would rein in tech algorithms on platforms exceeding 5 million monthly viewers. This follows a high-profile whistleblower case heard before Congress on Facebook's allegedly questionable data policies.
MITRE, the not-for-profit organization that works across governmental and federal agencies, as well as various industrial verticals and academia, has set up The Cyber Infrastructure Protection Innovation Center and The Clinical Insights Innovation Cell to protect healthcare.
The American Osteopathic Association has just begun notifying nearly 28,000 individuals about a June 2020 data exfiltration incident involving their personal information. The medical professional organization says workforce challenges during the pandemic led to the notification delay.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
A flurry of hacking incidents and other recent breach developments highlight the cyberthreats and risks facing fertility healthcare and other related specialty providers that handle sensitive patient information.
Dutch cybercrime police have a message for almost 30 users of an on-demand distributed denial-of-service site: We see what you're doing; now cut it out or we're going to arrest you. And not for the first time, the move shows police in Europe emphasizing ethical hacking pursuits instead for young adults.
The U.S. Attorney's Office for the Eastern District of Virginia last week indicted three men - including an ex-employee of Bank of America and TD Bank - with money laundering and aggravated identity theft after the men allegedly conducted an extensive business email compromise scheme.
In an effort to bolster endpoint protection within the U.S. government, the White House is ordering federal agencies to allow CISA to access existing deployments. It is also setting timelines for improving the protection of workstations, mobile phones and servers.
The UK's NCSC has published an updated guidance for employees using their personal devices for work. The agency offers technical controls for different types of bring-your-own-device, or BYOD, deployments. And a Bitdefender report stresses the need for good cyber hygiene when using BYOD.
The Central Electricity Authority has released a new set of cybersecurity guidelines for the power sector, aimed at securing OT systems and building a resilient security framework. It mandates, among other things, that all power sector companies appoint a dedicated CISO to secure systems.
A congressional letter sent to the heads of four federal agencies expressed an urgent need for the Biden administration to continue combating ransomware. This includes a particular focus on the cryptocurrency infrastructure that is enabling these cyberattacks, four Democratic lawmakers say.
A federal law signed earlier this year amending the HITECH Act could help incentivize many healthcare sector entities to bolster their cybersecurity programs, says federal adviser Erik Decker, CISO of Intermountain Health, who suggest other incentives, as well.
The U.S. Department of Justice said this week it will pursue government contractors that fail to report cybersecurity incidents. The department also announced the formation of a Cryptocurrency Enforcement Team to prosecute the misuse of virtual currencies.
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