A nursing home operator is seeking bankruptcy protection, citing the effects of a ransomware attack last fall and fallout from the recent Change Healthcare outage as factors that contributed to its financial woes. Also, a Senate bill aims to address cash flows for some health firms hit by an attack.
In the latest weekly update, four editors discussed ISMG's plans for in-depth and diverse coverage at the 2024 RSA conference, the latest guidance on web trackers from federal regulators and the latest forecasts on quantum computing - and why security teams should care.
A likely Chinese hacker-for-hire used high-profile vulnerabilities in a campaign targeting a slew of Southeast Asian and U.S. governmental and research organizations, says threat intel firm Mandiant. Rapid exploitation of newly patched flaws has become a hallmark of Chinese threat actors.
Artificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.
This week, FTX emergency CEO John Ray filleted previous CEO Sam Bankman-Fried, the SEC charged 17 members in a $300 million Ponzi scheme, Hong Kong warned against Bybit, reports said North Korea made half of its revenue from cyberattacks, and police rescued hundreds from a pig-butchering scam center.
This week, Flipper Devices petitioned Canada, UnitedHealth Group dealt with its attack, Nemesis Market was seized, phishers fooled ML, AceCryptor returned to Europe, Brazil and Ukraine made arrests, another Ivanti flaw, London rebuked for possible data exposure, and Fujitsu reported malware attack.
The U.S. Department of the Treasury sanctioned the heads of Russian-based companies for spearheading disinformation campaigns that impersonated legitimate media outlets and government organizations across the globe. The firms coordinated an information manipulation campaign targeting Latin America.
Federal authorities are warning healthcare and public health sector entities of email bomb attacks, a type of denial-of-service attack that can overwhelm email systems and networks and distract victims from other nefarious activities. The incidents can also disrupt clinical and business workflow.
U.S. and allied cybersecurity agencies again warned the private sector to guard against Chinese state hackers who eschew malware to maintain access in favor of exploiting built-in system functions. Key preventative measures include maintaining a central logging database.
Major technology vendors keep being hacked by the nation-state hacking group Midnight Blizzard. Essential defenses to combat such attacks begin with implementing log monitoring across multiple platforms to find red flags, said John Fokker, head of threat intelligence at Trellix.
Fraudsters increasingly focus on synthetic entity fraud because forming a corporation requires few verification checks. This lack of rigorous verification by business registrars has led to an explosion in fake companies, said Andrew La Marca at Dun & Bradstreet.
The conventional trajectory for tech graduates is diversifying. Industries previously considered peripheral to technology are now actively recruiting tech talent. Employers who bypass the fresh wave of graduates are sidelining strategic advantages that could propel their organizations forward.
Cybereason is carrying out its third round of layoffs in 21 months, and dozens of senior employees are expected to be let go. Among the exiting employees is Zohar Alon, the longtime Dome9 Security leader who joined Cybereason just 11 months ago as president of product and research and development.
Cybersecurity startups are wary of the public markets following a hard economic reset that made profitability more important than growth and performance more important than potential. Due to this dramatic shift, lots of cybersecurity startups want to file for an IPO, but nobody wants to go first.
As quantum computing looms, experts emphasize the urgency of embracing quantum-safe strategies. They highlight the need for proactive measures to protect digital assets from future breaches, deliver long-term data security and ensure the integrity of encryption.
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