Russia's invasion of Ukraine in 2022 threw Russia's cybercrime ecosystem into a state of upheaval that still exists to this day. "We identified disruptions to literally every single form of commodified cybercrime," said Alexander Leslie, associate threat intelligence analyst at Recorded Future.
An Alabama cardiovascular clinic is facing a proposed class action lawsuit filed by one of the nearly 442,000 individuals affected by a data exfiltration breach reported last month. The lawsuit seeks a detailed list of security improvements by the clinic and 10 years of court compliance monitoring.
TikTok says the Biden administration has demanded that the company's Chinese owners divest their stake in the company or risk seeing the app get banned in America. The U.S., Canada, EU, U.K. and New Zealand have all banned the use of TikTok on government devices, citing national security concerns.
In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' insurance site hack.
The former parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection Friday in an effort to streamline the sale of its assets. Silicon Valley Bank itself isn't included in the reorganization filing since the FDIC took over the commercial banking business on March 10.
Healthcare executives called on Congress to ensure minimum cybersecurity standards, saying a wholly voluntary approach is failing clinics and hospitals. Gaps are widest at small rural hospitals, testified a former hospital CISO before the Senate Homeland Security and Governmental Affairs Committee.
The U.K. government recently embarked on a plan to create its own version of the EU's General Data Protection Regulation, but attorney Jonathan Armstrong says he is "pretty skeptical" that this second attempt at privacy reform will successfully make it through the country's Parliament.
A vendor of clinical and third-party administrative services to managed care organizations and healthcare providers serving elderly and disabled patients said a cybersecurity incident last summer has affected more than 4.2 million individuals.
The Securities and Exchange Commission proposed a slew of new cybersecurity rules for the companies underpinning the U.S. stock market, the latest sign of increasing unhappiness among Biden administration officials about the private sector's management of digital risk.
In the latest "Proof of Concept" panel discussion, two Capitol Hill observers at Venable, Grant Schneider and Jeremy Grant, join Information Security Media Group editors to break down the Biden administration's new U.S. national cybersecurity strategy and answer the question, "Is it really viable?"
A cancer patient whose partially naked exam photos and personal data were stolen and subsequently posted on a ransomware leak site last month filed a proposed class action lawsuit, alleging that Lehigh Valley Health Network's refusal to pay the ransom "prioritized money over patient privacy."
Emergency medical device provider Zoll Medical Corp. is notifying more than 1 million individuals, including employees, as well as patients and former patients who used its LifeVest wearable cardioverter defibrillator, of a hacking incident that compromised their personal information.
Europe's largest bank, HSBC, agreed on Monday to buy the United Kingdom subsidiary of Silicon Valley Bank, and Canada's government took control of SVB's Canadian branch late Sunday. Regulators have stepped in to reassure depositors, and at least two other regional banks are facing liquidity issues.
Silicon Valley Bank's sudden and unexpected demise left numerous cybersecurity startups facing insolvency. But their crisis has been averted: U.S. government officials announced that beginning Monday, insured and uninsured Silicon Valley Bank depositors will have access to all of their money.
One top venture capitalist says the second-largest bank failure in U.S. history will make it harder for security startups to get loans and credit lines. For decades, SVB was one of the few institutions willing to extend money to early-stage firms that got the cold shoulder from traditional banks.
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