Security practitioners must do a much better job of prioritizing their investments based on the most significant risks their organizations face, says Zulfikar Ramzan, chief technology officer at RSA, who offers insights on "fighting the right battle."
The former CEO of Yahoo, which has had 3 billion records exposed in a 2013 data breach, testified at a Senate hearing that it's tough for any corporation to defend against nation-state backed cyberattacks. That led senators to grill Marissa Mayer about the security steps Yahoo had taken.
Ransomware and other cyberattacks will be the biggest health technology hazard in 2018, according to the ECRI Institute. It's the first time the patient safety research organization has listed cyber issues as the top threat.
Former Yahoo CEO Marissa Mayer may have envisioned spending her post-Yahoo days seeking new work or experimenting with other search engines. Instead, she gets to sit in a Senate hot seat alongside former Equifax CEO Richard Smith, defending past data breach response decisions.
The acting director of the U.S. Office of Personnel Management cites "audit fatigue" as a factor that explains why the federal agency, which experienced a massive data breach in 2015, continues to come up short in securing its information systems.
Information Security Media Group's Healthcare Security Summit in New York on Nov. 14-15 will feature a top-notch lineup of more than 40 experts, including leading CISOs, who will explore such issues as battling ransomware, improving medical device security and beefing up breach prevention.
Want to stop the latest cybercrime bogeyman? For the umpteenth time, put in place well-known and proven strategies for repelling online attacks, such as the Australian Signals Directorate's top 4 mitigation strategies for repelling targeted cyber intrusions.
Fraudulent SWIFT money-moving attacks continue, as one of Nepal's largest private-sector commercial banks, NIC Asia Bank, says attackers tried to steal $4.4 million after hacking its SWIFT server. Most of the funds have since been recovered.
Equifax says four senior executives - including its CFO - did not know the company had suffered one of the worst breaches in history when they collectively sold about $1.8 million worth of shares. Equifax's board found that 12 days elapsed before the first of the four learned about the hack.
Many enterprises use remote desktop protocol to remotely administer their PCs and mobile devices. But security experts warn that weak RDP credentials are in wide circulation on darknet marketplaces and increasingly used by ransomware attackers.
Thom Langford, CISO of Publicis Groupe, says all companies should consider two essential elements when crafting an incident response plan: strong legal representation and a communications plan that considers both internal and external messaging.
The latest ISMG Security Report features highlights from the recent panel discussion at the ISMG Fraud and Breach Prevention Summit in London on preparation for the European Union's General Data Protection Regulation set to be enforced next May.
The U.S. Justice Department has identified at least six members of the Russian government that investigators believe orchestrated last year's hack of Democratic National Committee computers and dumping of stolen information and may file charges next year, the Wall Street Journal reports.
"Are we vulnerable to the attacks that are being reported in the media?" All CEOs and boards of directors should be asking that question of their information security team to ensure they don't suffer the same fate - especially when it comes to ransomware outbreaks, says David Stubley of 7 Elements.
Under bipartisan legislation introduced in the Senate, federal authorities would share classified cyber threat information with state election officials. The bill also would provide grants to states to support election security efforts.
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