Four ISMG editors discuss: how too many organizations fail to implement basic cybersecurity defenses - such as MFA; a proposed lawsuit against health insurer Excellus that calls for an improvement to its data security program; and strategies for securing open-source and other software components.
All organizations in Britain are being urged by the government to immediately bolster their business resilience capabilities due to an increased risk of fallout from cyberattacks targeting Ukraine. In the past, such attacks have amassed victims outside Ukraine, causing billions in commercial damages.
The latest edition of the ISMG Security Report features an analysis of whether a new ransomware operation is a spinoff of the notorious REvil or simply copying the group's moves; how Maersk responded to the NotPetya wiper malware attack; and essential incident response skills.
U.S. Security and Exchange Commission Chair Gary Gensler wants to broaden cybersecurity regulations. Among his concerns are the rising threat of cyberattacks due to the tensions between Russia and Ukraine, and a need to harmonize communications between financial firms and third-party vendors.
The risks posed by Apache Log4j continue, as a previously seen initial access broker group with the codename Prophet Spider IAB appears to be targeting vulnerabilities in Apache's logging utility to infiltrate the virtualization solution VMware Horizon, researchers at BlackBerry warn.
Despite Western governments' increased focus on disrupting ransomware, the quantity of new victims doesn't appear to have declined, at least so far. But multiple experts say that nation-state efforts to combat cybercrime syndicates are still picking up speed and may well yet have an impact.
How do you identify a BIN - Bank Identity Number - attack, let alone stop it? Ernie Moran, senior vice president of risk at Brightwell Payments, shares his experience of how he managed a BIN attack on his firm.
Kyle Flaherty has worked with a range of companies, changing the worlds of big data, IoT, BYOD, SaaS, open-source software, network security, fraud detection, data analytics, marketing automation and network management. He weighs in on brands and how metrics feed different audiences.
The U.S. Department of Homeland Security is reportedly warning that the U.S. could witness a retaliatory cyberattack at the hands of Russia if it decides to respond to the latter's potential invasion of Ukraine, where 100,000 or more troops have been amassed for weeks.
The U.S. Federal Bureau of Investigation has issued a warning to consumers about cybercriminals targeting people through maliciously crafted quick response - or QR - codes that direct them to links where their credentials and financial information are siphoned off.
Microsoft researchers tracking Apache Log4j exploits last week discovered a previously undisclosed vulnerability in SolarWinds' Serv-U software. SolarWinds subsequently responded, investigated and fixed the flaw. Some observers described the new vulnerability as "surprising" and "disturbing."
Although flaws in Apache Log4j software that need remediating remain widespread in organizations, "some of them are aware of the issue, some of them aren't aware of the issue, and likely this issue is going to be persisting with us for many, many years," says Jeff Macko, an offensive security expert at Kroll.
The latest edition of the ISMG Security Report features an analysis of whether the cyberattacks that hit Ukraine's government agencies last week are attributable to any group or nation-state along with updates to the cybersecurity executive order and illicit cryptocurrency trends.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
More information continues to emerge about the destructive malware attack that targeted Ukrainian government systems last week. As a probe continues, numerous questions about the incident remain unanswered. But the three-stage wiper attack, disguised as ransomware, apparently hit few systems.
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