Blockchain company has offered a $1 million bounty to hackers who stole $100 million worth of Ethereum tokens. It says it won’t push for criminal charges if the funds are returned.
Ransomware group AvosLocker made use of unpatched VMWare Horizon applications to hack into an unidentified organization’s systems, says analysis from Cisco Talos. The race between systems administrators and hackers to patch the Log4j vulnerability is ongoing.
Rich Lindberg, CISO of JAMS, didn't set out to have a career in cybersecurity. Instead, he sought to make a living at what he enjoyed - programming. "I embraced fun," he says. Now he wants to help others do the same by growing the diversity of the industry workforce.
Aura has laid off 70 employees as a result of customer acquisition strategy changes just a year after raising $350 million. The layoffs came about as a result of an agreement inked with MetLife earlier this year that made it Aura's exclusive go-to-market partner for the employee benefits channel.
The Conti ransomware group officially pulled the plug on its operation in May. But experts say the group's activities have continued in the form of numerous already-launched subsidiaries or spinoffs, which appear to include Alphv/BlackCat, AvosLocker, Black Basta and HelloKitty, among others.
Watch out for APT and state-sponsored hackers using the Log4Shell vulnerability to gain unauthorized entry into unpatched VMware Horizon Systems and Unified Access Gateway servers, says a joint advisory from CISA and the U.S. Coast Guard Cyber Command.
To excel at cybersecurity incident response, start with planning, preparation and, ideally, regular tabletop exercises, say Kevin Li, CISO for MUFG Securities Americas, and Rocco Grillo, managing director of Alvarez & Marsal's Disputes and Investigations Global Cyber Risk Services practice.
Mark Read, head of data breach solutions for TransUnion in the UK, shares insights on the current data breach landscape, including how businesses should respond to a data breach in order to reduce its impact. "The most successful responses often include the offer of a remediation solution," he says.
A report from the company behind the world's most ubiquitous operating system depicts active cyber scrimmage between Russia and Ukraine and Russia and a slew of other countries. Fighting it is the work of private-public collaboration, Microsoft President Brad Smith writes.
Ping Identity is making a $50 million bet it can integrate cutting-edge technology into its own stack through a new in-house corporate venture fund to support identity and access management technology startups. "We want to have a nice overall corporate strategy portfolio," says Ping's Anton Papp.
Modern applications and architectures are permeating more deeply into organizations to transform back-office functions as well as those that directly affect the customer experience, according to Kara Sprague, F5's executive vice president and general manager of application delivery.
The need to secure cloud workloads and environments isn't new, but a surge of funding and attention has come to the sector over the past year. One of the most acclaimed cloud security startups has been Wiz, which in October raised $250 million on a $6 billion valuation.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
The latest edition of the ISMG Security Report investigates the reboot of ransomware group Conti, which supports Russia's invasion of Ukraine. It also discusses why paying ransomware actors is a "business decision" and how to respond to the talent shortage in the financial sector.
"Credential phishing is off the charts," says Tonia Dudley of Cofense. She discusses the challenge for organizations to strike a balance between having the right controls in place to block malicious emails and stopping the business from receiving legitimate emails.
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