The SolarWinds supply chain attack that led to follow-on attacks on nine government agencies and 100 companies points to the need for a federal law requiring prompt breach notification, several senators said at a Wednesday hearing.
Criminals love to amass and sell vast quantities of user data, but not all data leaks necessarily pose a risk to users. Even so, the ease with which would-be attackers can amass user data is a reminder to organizations to lock down inappropriate access as much as possible.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Synthetic identity fraud is a pervasive yet ill-defined crime – hard to define as well as to detect. Greg Woolf of FiVerity discusses a recent initiative by the Federal Reserve in Boston to better define and therefore better manage SIF.
Ahead of presenting a long-term review of national security strategy in Parliament on Tuesday, U.K. Prime Minister Boris Johnson issued a statement calling for a boost to the country’s capacity to conduct cyberattacks on foreign adversaries.
U.S. Rep. Suzan DelBene, D-Wash, has reintroduced a bill that would create a national-wide data privacy standard that in its latest incarnation makes an attempt to placate Republicans. The bill, if passed, would replace a patchwork of current state laws.
U.S. authorities have extended the crackdown on the Sky ECC cryptophone service by charging the CEO of parent company Sky Global and its alleged main distributor - both Canadians - with running an "illicit secret communications network" for criminals and hiding profits via shell companies and cryptocurrency.
The U.S. National Security Agency has issued "zero trust" guidance aimed at securing critical networks and sensitive data within key federal agencies. The NSA adds it is also assisting Defense Department customers with the zero trust implementations.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The U.S. federal government is increasingly using IoT devices across its agencies, which has raised concerns about security. NIST has published draft guidance to help federal agencies navigate safe IoT deployment and use, says Kat Megas, program manager in NIST's Cybersecurity for IoT Program.
Trickbot appears to be making a comeback with a fresh campaign that is targeting insurance companies and legal firms in North America, according to an analysis by Menlo Security. Researchers had warned the malware might surface again after a coordinated takedown of the botnet's infrastructure in 2020.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
Terabytes' worth of posts, images and videos from conservative social media site Parler have been forcibly obtained by security researchers who have archived the material for investigators in the wake of the violent riot at the U.S. Capitol.