As Cybersecurity Awareness Month kicks off this week, U.S. President Joe Biden has weighed in on his administration's efforts to curb cyberattacks and bolster the federal government's security posture.
Four federal agencies have been awarded $311 million to bolster the U.S. government's cyber defenses and address IT modernization challenges, according to the interagency board of the Technology Modernization Fund, a federal funding source, which made the announcement Thursday.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
Neiman Marcus Group says it is notifying 4.6 million of its online customers who are affected by a data breach that occurred in May 2020. The data includes personally identifiable data, payment and gift cards, online account credentials and security questions.
The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.
A bipartisan effort to implement cybersecurity incident reporting and the tracking of ransomware payments has been introduced by leaders of the Senate Homeland Security and Governmental Affairs Committee. While it differs from legislation introduced in July, lawmakers hope to reconcile the bills.
Cybersecurity vendor VMware has published a security advisory detailing 19 vulnerabilities affecting its vCenter server and Cloud Foundation products and has released fixes for all of them. One of the flaws has a high CVSS of 9.8, and CISA is warning of its "widespread exploitation."
Rant of the day: Are we getting hacked because we now work remotely in the new normal? No, we're being hacked because we're not managing our risks and being lazy - and because the CISO is not being heard.
In a bid to address security risks associated with the use of virtual private network solutions, the National Security Agency and the Cybersecurity and Infrastructure Security Agency on Tuesday offered government leaders guidance on selecting remote access VPNs and strengthening their security.
Weaknesses in the systems of ShapeShift, a U.K.-based cryptocurrency exchange, reveal how a North Korean-linked group laundered cryptocurrency that came from the WannaCry 2.0 attack. The issues undermined some protections in Monero, a cryptocurrency designed to provide a high degree of privacy.
The Russia-linked cyberespionage group Nobelium, which was responsible for the SolarWinds supply chain attack, has developed and deployed a new malware, dubbed FoggyWeb, according to a Microsoft Threat Intelligence Center security blog. Microsoft says FoggyWeb creates a backdoor to exfiltrate data.
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
For combating ransomware, doing the security basics is essential, including keeping systems updated and patched. Don't follow in the footsteps of one technology firm, which Sophos found got hit by Cring ransomware after attackers exploited ColdFusion software that hadn't been patched in 11 years.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
Four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.
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