Memo to IT administrators: Don't store data in cloud in an unsecure manner. Security researchers at Secureworks have found more than 1,200 cloud-based, unsecured Elasticsearch databases that attackers wiped, leaving only a ransom note demanding Bitcoin in return for their restoration.
The European Parliament has granted Europol permission to receive and process datasets from private parties and pursue research projects for better handling of security-related cases. Use of these powers will be overseen by the European Data Protection Supervisor and the Fundamental Rights Officer.
As President Joe Biden visits Europe this week, the U.S. and the European Commission announced they have agreed in principle to a new Trans-Atlantic Data Privacy Framework. Officials say it will foster cross-border data flows and address concerns raised by the EU Court of Justice in 2020.
In the U.S., three states now have disparate data privacy laws - and more are coming. Meanwhile, China has enacted a new law that has global enterprises scrambling. How will these and other actions shape privacy discussions in 2022? Noted attorney Lisa Sotto shares insights.
Lisa Sotto, partner and chair of the global privacy and cybersecurity practice at Hunton Andrews Kurth LLP, joins three ISMG editors to discuss important cybersecurity and privacy issues, including how U.S. enterprises are harmonizing three disparate privacy laws, and ransomware preparedness.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
Because a relatively small number of individuals provide the vast majority of services and infrastructure that power cybercrime, they remain top targets for arrest - or at least disruption - by law enforcement authorities, says cybercrime expert Alan Woodward. But of course, geopolitics sometimes gets in the way.
Some 3,813 breaches were reported in the first half of 2019 alone, amounting to the exposure of over 4.1 billion records, a year-on-year increase of 54% and 52% respectively.The rise in data breach volumes is undoubtedly due in part to escalating threat activity.
The challenge for organizations is in securing data...
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
This paper will lay out key steps to help organisations sensibly adopt a better data protection posture and with it, build a firm foundation towards onward compliance. The key principles of Classification by Design will be introduced as a logical, yet robust start point. We summarize with the overarching takeaway that...
The latest edition of the ISMG Security Report features an analysis of how President-elect Joe Biden is expected to renew international relationships needed in the fight against cyberattacks. Also featured: the pandemic's impact on cybercrime; analysis of Europol's annual cybercrime report.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?