German health insurers' IT services provider Bitmarck's early warning systems detected a cyber attack, forcing it to shut down internal and customer-facing applications, denying health insurers essential IT services.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
Investors can no longer ignore the cyber resilience of their target companies, in fact the new WEF report shows they should be actively play a role in incentivizing responsible and secure innovation.
We're storing too much sensitive information, and our budgets are way too small to protect it. As long as we continue to undervalue data, we will underspend on protecting it.
Mimecast’s forensic investigation found that SolarWinds hackers accessed limited source code repositories and account details after compromising customers' Microsoft 365 tenants.
Recent incidents involving internet-connected operational technology (OT), ransomware and unauthorized access to municipal water systems have demonstrated how fast a cyberattack can undermine public confidence, strain critical services and pressure organizations into making high-stakes decisions with incomplete information.
Robust cybersecurity measures are more important than ever due to the growing digitalization of enterprises and personal information. Identity security is one topic that has attracted a lot of interest and has become a profitable market for cybersecurity companies.
For the developers who take their time to painstakingly code, test, deploy and publish software for public use, any compromise to the process can ruin the entire project. To be effective at securing your software supply chain, you cannot afford to be myopic or take a shortcut in the process.
Already suffering from significant damage caused by a recent Conti ransomware attack, Costa Rica has taken another blow as Hive ransomware has infected a portion of its public health system.
An established cybercrime gang leaked sensitive data, including unredacted child abuse files, after a ransomware attack on San Francisco Bay Area Rapid Transit Police department.
New research from security firm Dragos finds that Volt Typhoon, one of the primary groups of state-sponsored Chinese hackers menacing the US as of late, was able to dwell in the Massachusetts electric grid for more than 300 days beginning in early 2023.










