The SEC voted 3-1 to advance new, mandatory cybersecurity rules for registered investment advisers, companies and funds. The proposal - open for a 30-day public comment period - would require entities to adopt and implement written cybersecurity policies and a 48-hour incident reporting mandate.
Michael Hamilton, CISO at security firm Critical Insight, discusses health data breach trends. The bad news: The number of major breaches reported to regulators in 2021 hit a record high. The good news: The rate of breaches reported last year compared to 2020 appears to be slowing down.
Four ISMG editors discuss important cybersecurity issues, including misconceptions around Zero Trust implementation, lessons learned from the crippling NotPetya malware attack of 2017 that nearly sank logistics giant Maersk and how a Russian cyberwar in Ukraine could move beyond its borders.
A New York federal court has recommended the dismissal of a class action lawsuit filed against medical practice management vendor Practicefirst in the aftermath of a 2020 ransomware attack that involved data exfiltration and affected the personal and health information of 1.2 million individuals.
A popular British supplier of crisps revealed in a letter to grocery wholesaler Nisa on Wednesday that it had been the victim of a cyberattack. KP Snacks has stopped its orders, causing stores to worry that its products will be in short supply. Ransomware group Conti is allegedly behind the attack.
The Wormhole network, a token bridge that allows users to trade multiple cryptocurrencies without a centralized exchange, has been exploited for 120,000 wETH tokens ($321 million). The company says it has issued a fix for the flaw and is working to "get the network back up as soon as possible."
As ransomware and other disruptive security incidents continue to surge, cyberattacks rank as the top health technology hazard in hospital environments this year, say security experts Chad Waters and Juuso Leinonen of patient safety organization ECRI.
A newly discovered ransomware, Deadbolt, affected Taiwanese network-attached storage provider QNAP Systems and encrypted user data. The threat group demands 0.03 bitcoin for the decryption code. And an automatic forced update rolled out by QNAP caused more harm than good, according to some users.
Taylor Regional Hospital, a 90-bed facility in Campbellville, Kentucky, is still struggling one week after a cyber incident brought down its phone systems, internet services, email and other systems. Patient care services have also been affected.
The U.K. government is considering new measures to boost cybersecurity standards in the country. The proposed laws recommend levying large fines on essential digital service providers for noncompliance with strict cybersecurity rules, and improving incident reporting.
In a span of just days, two prominent congressmen who have long advanced cybersecurity at the federal level announced that they will not be seeking reelection in 2022. Reps. Jim Langevin, D-R.I., and John Katko, R-N.Y., will, however, pursue a cyber agenda throughout the remainder of their terms.
In the midst of a global pandemic, the federal breach tally shows that a record number of major health data breaches were reported in the U.S. in 2021, and the overwhelming majority of them involved hacking/IT incidents. Will those trends continue in 2022?
A family medical practice is notifying nearly 200,000 individuals that their information was compromised in a 2020 ransomware attack on cloud hosting vendor Netgain Technology, an incident that also affected several of the vendor's other clients and hundreds of thousands of their patients.
QNAP, a Taiwan-based company that manufactures network-attached storage devices, urges users to take immediate actions to secure QNAP NAS device suite amid reports of wide targeting of all its networking devices by ransomware and brute-force attacks.
A proposed class action lawsuit has been filed against a practice management and electronic health records vendor in the wake of a 2021 cyberattack affecting nearly 320,000 individuals. Among other demands, the lawsuit seeks a long list of security improvements by the company.
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