Would you trust an accused hacker? Specifically, one Nickolas Sharp, a software developer charged with extorting former employer Ubiquiti, after allegedly engineering a data breach and posing as an anonymous whistleblower in media interviews.
Fintech company Block faces a putative class action demanding damages for customers affected by a 2021 data breach that affected 8.2 million individuals. The company, formerly known as Square and co-founded by former-Twitter CEO Jack Dorsey, disclosed the breach in April.
Insider threats can have disastrous consequences, such as data loss, legal liability, and financial or reputation damage. And even though insider threat incidents are on the rise, many organizations don’t understand the nature of these threats or how to defend against them. This ActualTech Media e-book gives you...
Over the last two years alone, insider security incidents have jumped 47%, with the average cost per incident up by 31%. That risk is only increasing in an era of remote working and distributed teams. Today, anyone with insider access—outside contractors, consultants and vendors—can pose an insider threat. Many...
External attackers aren’t the only threats modern organizations need to consider in their cybersecurity planning. Malicious, negligent and compromised users are a serious and growing risk. As the 2022 Cost of Insider Threats: Global Report reveals, insider threat incidents have risen 44% over the past two years,...
A U.S. federal jury convicted former Twitter employee Ahmad Abouammo for spying on Saudi Arabian dissidents on behalf of Saudi Arabia. The jury also found him guilty of conspiracy to commit wire fraud, falsification of records and money laundering.
Cybersecurity doesn’t have competitors, it has adversaries. They react to every defense we put in place and seek new ways to achieve their aims - whether they be cybercrime, espionage, or hacktivism. The attackers are innovative, and they share new ways to exploit any vulnerability, so defenders need to share...
Cybersecurity compliance is not the same as security. Recognizing this fact can lead many organizations to prioritize one over the other, thereby increasing critical risks. But by taking a planned approach to integrating the two, you can achieve a holistic solution that delivers both.
Joshua Schulte now faces a minimum of 80 years in prison after a Manhattan federal jury returned guilty verdicts in all nine counts brought against the former CIA programmer by U.S. prosecutors. Schulte leaked a trove of classified hacking secrets used in espionage.
Employees are leaving at an unprecedented rate. As a result, the Great Resignation has created more opportunities for data loss than ever before. According to the 2022 Voice of the CISO report, CISOs agree that protecting data has become an increased challenge. So, how do you protect your organization against data...
Threat actors are using deepfakes to apply for remote employment at U.S. tech companies in a bid to gain access to corporate financial and customer data, internal databases and proprietary information. Fraudsters used stolen PII to make deepfake videos for personal interviews, says the FBI.
Four ISMG editors discuss important cybersecurity issues, including how Canada's Desjardins Group settled a data breach lawsuit for $155 million, how Facebook is being sued after allegedly violating patient privacy, and highlights from ISMG's Northeast Summit held in New York this week.
When building an insider risk management program, don't start "too large or too quickly," says Randy Trzeciak of Carnegie Mellon University. He says the first step is to protect your organization's critical assets and services and then "build a risk program appropriate to those assets."
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
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