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 security researcher found more than 500 million Facebook records being offered for free on the darknet, exposing basic user information, including any phone numbers associated with the accounts. Facebook says this is “old data” previously reported as exposed.
The 475,000 euro fine levied against Booking.com by Dutch privacy authorities should serve as a "wake-up call" for other companies when it comes to GDPR, some experts say. The company waited more than 20 days to report the breach to officials instead of the 72-hour window required under Europe's privacy law.
As times change, many companies and organizations have worked on ramping up their multi-faceted security defenses. However, threat actors and cyber criminals also adapt and hunt for new vulnerabilities, compromising data by embracing new exploits to ensure substantial financial payoff.
In this report, we...
The mainframe is a prime target for cybercriminals, while also playing a central role in the daily operations of most of the world’s largest corporations, including banking, finance, healthcare, insurance, and many other types of enterprises.
The mainframe is often underprotected due in part to the longstanding...
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Russian-Dutch multinational e-commerce company Yandex sustained a data breach in which 4,887 customer accounts were compromised after an employee with systems admin privileges gave unauthorized access to attackers.
Large financial services organisations continually face a broad variety of threat actors, including the most persistent of all -- nation-state sponsored outfits. We spoke with some leading consumer banks about how they are leveraging their analyst teams in more strategic ways and vastly improving their security...
European lawmakers are once again considering encryption policies and attempting to strike a balance between the privacy and security afforded by strong encryption and law enforcement's needs. But with encryption being a cornerstone of the internet, is there any new balance to be struck?
The latest edition of the ISMG Security Report features an analysis of how President-elect Joe Biden is expected to renew international relationships needed in the fight against cyberattacks. Also featured: the pandemic's impact on cybercrime; analysis of Europol's annual cybercrime report.
Inadequate database and privileged account monitoring, incomplete multifactor authentication and insufficient use of encryption: Britain's privacy regulator has cited a raft of failures that contributed to the four-year breach of the Starwood guest reservation system discovered by Marriott in 2018.
The latest edition of the ISMG Security Report features an analysis of the EU General Data Protection Regulation fines that have finally been imposed on Marriott and BA over serious data breaches each suffered. Also featured: Regional digital fraud trends, and a look at the CISO role and its responsibilities.
Takeaway from the U.K.'s GDPR privacy fine against hotel giant Marriott: During M&A, review an organization's cybersecurity posture before finalizing any acquisition. Because once a deal closes, you're fully responsible for data security - IT network warts and all.