As cyberthreats to medical research on COVID-19 - and other intellectual property - grow, organzations must take critical steps to prevent the theft of their "innovation capital," says Russell Koste, chief security officer of Alexion Pharmaceuticals.
As a result of the COVID-19 pandemic, work-from-home employees have rushed to adopt videoconferencing tools. But Kroll's Alan Brill warns that sound security and privacy practices - backed by legal, risk management and HR teams - too often lag. Here are his top concerns and tips on how to address them.
The FBI has arrested another alleged member of the FIN7 cybercrime gang, which has been stealing millions of payment cards and other financial data since at least September 2015. It's the fourth arrest of those tied to the group.
Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
Turla, a sophisticated hacking group with suspected ties to the Russian government, recently used a revamped version of its malware to target government entities in Eastern Europe, according to new research from the security firm ESET.
Britain is reconsidering whether Huawei's technology will be used its national 5G rollout as a result of increased White House sanctions against the Chinese telecommunications giant, which could result in Huawei having to source semiconductors from less reliable sources.
Security practitioners need to know what data their organization has and where it is kept so they can ensure it's protected. That inventory process that can be simplified by creating an information asset register, says Bilal Ghafoor, a data protection consultant.
As more organizations rely more heavily on cloud-based applications as a result of a remote workforce, they must avoid taking identity and access management shortcuts, says James Gosnold of the cloud consultancy CloudKubed, who calls for the addition of another layer of authentication.
Healthcare organizations need to diligently assess whether a security incident involving patient information truly qualifies as a reportable breach under HIPAA to avoid needlessly reporting it to federal regulators, says regulatory attorney Helen Oscislawski.
Two years after it was last seen in February 2018, ZLoader banking malware has resurfaced, with cybercriminals wielding a new version that gets distributed via email campaigns, security firm Proofpoint warns.
Britain's privacy watchdog reports it received 19% fewer data breach notifications in the first quarter than in the same period last year. While the decline may be attributed to more organizations better understanding when to report breaches, other countries have seen an increase in breach reports.
Don't forget to lock down online shared code repositories, as Mercedes-Benz parent company Daimler AG learned the hard way after a researcher was able to access nearly 9 GB of software development documentation from a misconfigured GitLab repository.
The Maze ransomware gang has started releasing payment card data from an attack that happened earlier this year at Banco BCR, the state-owned Bank of Costa Rica. The cybercriminal gang is now threatening to release more of customers' financial data each week.
As ransomware gangs attempt to boost their illicit profits, the RagnarLocker ransomware gang has brought a new tactic to bear: installing a full virtual machine on victims' systems to hide their crypto-locking malware while it forcibly encrypts files, security firm Sophos warns.
Microsoft is warning Windows users about an ongoing "massive" COVID-19-themed phishing campaign that is attempting to install the NetSupport Manager on devices. Attackers can turn NetSupport into a remote access Trojan, or RAT.
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