Executives underestimated the security risk associated with operational technology based on the erroneous belief that OT networks are highly segmented or air gapped. But COVID-19 made executives realize their OT networks are more connected than they previously thought, says Dragos CEO Robert M. Lee.
Chinese technology firms could be completely banned from buying U.S.-built technology under export control restrictions being mulled by the White House, which has already restricted access to the advanced semiconductors Beijing needs to realize its large-scale artificial intelligence ambitions.
Security researchers say they found the Russian intelligence-linked Sandworm threat actor deploying a novel disk wiper against an energy sector company located in Ukraine. Data wipers have played a key role in Russia's hacking campaign against Ukraine.
The increased physical connectivity of digital assets has expanded the attack surface and added complexity for engineers in industrial environments, says Dragos CEO Robert Lee. More industrial automation and new systems have made it tougher for plant operators to conduct root cause analysis.
Valuations are down, some companies have left the market altogether, and some even have announced deep rounds of layoffs. Yet, Alberto Yépez of Forgepoint Capital retains optimism for the cybersecurity marketplace in 2023 and says now is the ideal time to be ramping up investments in innovation.
Microsoft blamed an internal network configuration change for outages that disrupted access to Microsoft 365 services, including Microsoft Teams and Outlook, for users around the world. The change has been rolled back and additional infrastructure added to speed restoration, it says.
Anytime critical infrastructure gets disrupted, the first question inevitably seems to be: Was a cyberattack to blame? So it went Wednesday when the Federal Aviation Administration announced a "ground stop," prohibiting all U.S. flights from taking off, due to an overnight system failure.
Malaysian Communications and Digital Minister Fahmi Fadzil has ordered an inquiry into an alleged massive data breach that reportedly involves data of Maybank, Astro and the Election Commission. The alleged breach reportedly affects 13 million citizens.
California hospital operator Scripps Health has agreed to pay $3.57 million in "minimum cash settlements" of $100 per victim, plus some additional types of expenses, to settle a class-action lawsuit filed by victims of a 2021 data breach perpetrated by ransomware-wielding attackers.
State-backed Russian hacking groups are continuing to focus less on Ukrainian military targets and much more on civilian infrastructure, Ukrainian cybersecurity officials report. Since the start of the year, Ukraine's Computer Emergency Response Team has tracked more than 2,100 major hack attacks.
In the latest update, four ISMG editors discuss important issues of 2022, including: CISO Marene Allison's unique career path; Ukrainian government cybersecurity official Victor Zhora on lessons learned from countering cyberattacks; and insights from CEO Nikesh Arora of Palo Alto Networks.
A cybercrime forum this week listed for sale what a seller purports to be 30 million passenger records for users of India's railways. The Indian Ministry of Railways denies that the Indian Railway Catering and Tourism Corp, is the source of any data breach, but says it's investigating.
Global Cyber Alliance CEO Philip Reitinger shares updates on the alliance's Internet Integrity and Capacity & Resilience programs, which tackle key challenges of internet infrastructure, privacy and safety. Success is measured by the number of partners and "who is using the platform," he says.
Construction and engineering firm Sargent & Lundy is informing more than 6,900 individuals that attackers stole their Social Security numbers through an Oct. 15 cyber incident. The firm has engineered 958 power plant units and more than 6,200 circuit miles of power delivery systems.
Information Security Media Group asked some of the industry's leading cybersecurity experts about the trends to watch in 2023. Responses covered a variety of emerging threats and evolving trends affecting security technologies, leadership and regulation. Here is a look at the year ahead.