MKS Instruments expects a $200 million revenue hit from February's ransomware attack after the hack removed the company's ability to process orders or ship products. The Feb. 3 ransomware attack required the company to temporarily suspend operations at some MKS Instruments facilities.
Fundraising and customer relationship management software provider Blackbaud has reached a $3 million settlement agreement with the Securities and Exchange Commission over allegations it made "misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers."
An overview of the White House's spending blueprint for the coming federal fiscal year shows big proposed increases for cybersecurity. CISA would receive $145 million more that current amounts. Ukraine would receive hundreds of millions to counter "Russian malign influence" including in cyberspace.
A healthcare revenue cycle management software vendor is facing a proposed class action lawsuit in the aftermath of a December data exfiltration attack affecting nearly 251,000 patients. Ransomware group Royal took credit for the attack, allegedly leaking samples of the stolen data on its leak site.
A dozen U.S. senators on Tuesday introduced legislation backed by the White House charging the federal government with initiating a process to systematically block foreign technology from reaching the domestic market when the tech poses a national security threat.
The Biden administration has unveiled its new national cybersecurity strategy, detailing top challenges facing the U.S. and plans for addressing them. Goals include minimum security requirements for critical infrastructure sector organizations and liability for poor software development practices.
The British government has proposed revisions to the country's main computer crime law - the 32-year-old Computer Misuse Act - to allow police to seize domains and compel data retention. While the government has promised to protect white hat hackers, it has yet to issue concrete proposals.
Cedars-Sinai Medical Center in Los Angeles has joined a growing list of organizations being sued for allegations that its use of website tracking codes is unlawfully sharing individuals' personal and health information to third-party social media and marketing companies.
On the heels of an enforcement action last week by the Federal Trade Commission, telehealth and discount prescription drug provider GoodRx now also faces a proposed class action lawsuit over its data-sharing practices with third parties and the use of website tracking code.
A Scottish school system decided not to use facial recognition in its secondary school cafeterias after international outcry. The U.K. Information Commissioner's Office said Tuesday that the North Ayrshire Council failed to obtain freely given consent for the system.
Virginia Democratic Sen. Mark Warner, who chairs the Senate Select Committee on Intelligence, says he hopes to gather support for new bipartisan legislation this year to incentivize healthcare sector entities to meet certain minimum cybersecurity standards and tackle other top security concerns.
A Montana healthcare entity has agreed to pay $4.3 million to settle a proposed class action lawsuit filed in the wake of a 2021 hacking incident affecting 214,000 individuals. The deal is the entity's second multimillion-dollar lawsuit settlement in the last four years involving a major breach.
CommonSpirit was negligent in failing to protect sensitive health data, resulting in a compromise affecting at least 623,000 patients and perhaps many more, allege plaintiffs in two proposed class action lawsuits filed against the Chicago-based hospital chain after a 2022 ransomware attack.
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
The Bahamas Securities Commission seized digital assets worth $3.5 billion from local firm FTX Digital Markets. The regulator says the funds were at risk of "imminent dissipation" due to hack attacks and will temporarily remain under its exclusive control, stored in secure digital wallets.