This edition of the ISMG Security Report features an analysis of key takeaways from the breaches tied to flaws in the Accellion File Transfer appliance. Also featured: Equifax CISO Jamil Farshchi on transforming supply chain security, plus an analysis of how "work from anywhere" is affecting cybersecurity.
Researchers with Microsoft and FireEye are disclosing additional malware used by the hacking group that targeted SolarWinds last December. These second-stage malware variants appear to have been deployed after organizations downloaded the "Sunburst" backdoor hidden in a software update.
The SolarWinds supply chain attack should prompt federal agencies and others to rethink how they approach security issues - especially identity and access management, according to a breakdown of the attack presented this week by NIST and CISA.
Qualys has confirmed that its Accellion File Transfer Appliance software was breached by zero-day-wielding attackers after stolen customer data appeared on the Clop ransomware gang's data leaks site. The security firm's public breach notification comes more than two months after the firm first learned it had been...
In this era of "work from anywhere," identity and access management solutions are challenged more than ever. What are the strategies and solutions recommended by top CEOs and CISOs in the cybersecurity sector? An expert panel weighs in.
Using a nearly 20-year-old file transfer product - what could go wrong? Among the many lessons to be learned from the Accellion File Transfer Appliance mess is this: Attackers will devote substantial resources to reverse-engineer hardware, software or a service if there's a financial upside.
In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
The mobile channel saw great user adoption in 2020 – and it saw a corresponding increase in fraud incidents. Tim Dalgleish of BioCatch discusses mobile fraud trends and the role of behavioral biometrics in enhancing user authentication.
In this interview with ISMG, Dalgleish discusses:
Mobile adoption and fraud...
Disruption is happening on an unprecedented scale in financial services—from the competitive landscape to natural disasters to cyber threats to new technologies. No matter what happens, customers and regulators expect your operations to remain steady and reliable. Find out how to move quickly and seamlessly to...
Today’s financial institutions struggle to adequately manage risk and ensure. compliance with applicable regulatory requirements. Learn how to establish effective, efficient, and resilient organizations by connecting systems and managing risks across the enterprise.
Jamil Farshchi has been there. As CISO of Equifax, he knows what it’s like to be a victim of a high-profile cyberattack. And he knows breached companies have a choice: "Are they going to be a force for good by helping the rest of the industry learn from their experience?"
Prolific Ryuk ransomware has a new trick up its sleeve. "A Ryuk sample with worm-like capabilities - allowing it to spread automatically within networks it infects" was recently discovered during an incident response effort, warns CERT-FR, the French government's computer emergency response team.
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.
A pair of U.S. House committees held their first public hearings into the SolarWinds attack, with lawmakers and witnesses offering support for expanding federal cybersecurity laws to address the security failures. This includes a larger role for CISA to conduct threat hunting.
Ransomware continues to sting numerous organizations, and the problem only seems to be getting worse. More than ever, the onus is on potential victims to ensure they have essential defenses in place - and if possible, to proactively hunt for attackers who may already be inside their network.