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.
A Swiss national who recently highlighted flaws in Verkada surveillance cameras has been charged with criminal hacking by a U.S. federal grand jury and accused of illegally accessing and leaking data from numerous organizations, apparently including Intel, Nissan and the U.S. National Reconnaissance Office.
As part of First National Bank's (FNB) ongoing compliance efforts, the information security team had been performing regular user access reviews on key SOX and other in scope applications. With approximately 4,500 employees, the volume of user accounts across multiple in-scope applications was daunting. The entire...
As an FDIC regulated corporation, The Bancorp is required to perform user access reviews to ensure that staff have the appropriate access rights to key applications. The security team previously conducted the reviews semiannually through the use of very large and cumbersome Excel spreadsheets. This spreadsheet rodeo...
Although CISA has made significant strides since it was established in 2018, the agency still has important work to do to fulfill its cybersecurity and national security obligations, the GAO finds. This includes better communications with industry partners that share responsibility for critical infrastructure.
Software is at the center of it all, placing increased pressure on developers, security managers, and DevOps leaders to develop applications faster. However, this need for speed comes at a price, and security can be seen as a blocker and not an enabler. Watch this webinar to understand why it's time to prioritize your...
The Cybersecurity and Infrastructure Security Agency will take over the day-to-day management of the official .gov top-level domain in April, adding a greater emphasis on security for the domains used for government websites.
Public sector organisations worldwide face a
daunting set of challenges as society adjusts to
the current COVID-19 environment. Whether it is
local government, healthcare, law enforcement,
or blue light responders, organisations across all
disciplines that previously depended on in-person
processes have been...
A lack of centralized leadership, especially at the White House level, is hindering the federal government's ability to address numerous cybersecurity issues, including the SolarWinds supply chain attack that affected federal agencies and others, according to a new GAO report.
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.
Operational Resilience is the ability of an organization to continue to serve its customers, deliver products and services, and protect its workforce in the face of adverse operational events by anticipating, preventing, recovering from, and adapting to such events. Learn the key steps you can take today.
The Financial Services industry operates in a unique business environment with very particular requirements. Providing critical services that handle large volumes of sensitive and valuable data while meeting strict regulations for security and privacy can present significant challenges.
During a recent webinar sponsored by ServiceNow and hosted by American Banker, Keith Pearson and Darren Murby shared their insights about why operational resiliency is imperative for financial services organizations and how organizations can embed operational resiliency into their culture, technology, and processes...
The Federal Reserve's online money transfer system, including Fedwire Funds and FedCash, suffered an outage for more than three hours Wednesday afternoon, with the Fed citing technical issues as the cause and not a cyber incident. Systems were restored by late afternoon.