Cybersecurity insurance is missing the risk 25/08/2023 at 08:04 By Help Net Security Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance. The traditional actuary models do not […]
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University of Minnesota Confirms Data Breach, Says Ransomware Not Involved 24/08/2023 at 21:18 By Ionut Arghire University of Minnesota confirms data was stolen from its systems, says no malware infection or file encryption has been identified. The post University of Minnesota Confirms Data Breach, Says Ransomware Not Involved appeared first on SecurityWeek. This article is
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Large-scale breaches overshadow decline in number of healthcare data incidents 23/08/2023 at 06:04 By Help Net Security While H1 2023 saw an encouraging decrease in the overall number of data breaches impacting healthcare organizations, it was overshadowed by large-scale breaches resulting in a significant increase in the number of individuals affected, which reached record levels,
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Seiko joins growing list of ALPHV/BlackCat ransomware victims 22/08/2023 at 12:03 By Helga Labus Japanese watchmaker Seiko has been added to ALPHV (BlackCat) ransomware group’s victim list, following a data breach occurring in early August. The Seiko data breach The company published a data breach and response notice on August 10, 2023, stating that an
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Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs 21/08/2023 at 16:30 By Eduard Kovacs Australian lender Latitude Financial said the recent ransomware attack has cost it AU$76 million (roughly US$50 million). The post Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS
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Federally Insured Credit Unions Required to Report Cyber Incidents Within 3 Days 18/08/2023 at 14:16 By Ionut Arghire The National Credit Union Administration is requiring all federally insured credit unions to report cyber incidents within 72 hours of discovery. The post Federally Insured Credit Unions Required to Report Cyber Incidents Within 3 Days appeared first
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Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack 16/08/2023 at 16:45 By Ionut Arghire Cleaning products manufacturer and marketer Clorox Company has taken certain systems offline after falling victim to a cyberattack. The post Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack appeared first on SecurityWeek. This article is an excerpt from SecurityWeek
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Colorado Health Agency Says 4 Million Impacted by MOVEit Hack 14/08/2023 at 23:34 By Ionut Arghire Colorado’s health programs administrator says the personal information of 4 million individuals was compromised in the recent MOVEit hack. The post Colorado Health Agency Says 4 Million Impacted by MOVEit Hack appeared first on SecurityWeek. This article is an
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Northern Ireland’s Top Police Officer Apologizes for ‘Industrial Scale’ Data Breach 11/08/2023 at 15:16 By Associated Press Northern Ireland’s top police officer apologized for what he described as an “industrial scale” data breach in which the personal information of more than 10,000 officers and staff was released to the public. The post Northern Ireland’s Top
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How executives’ personal devices threaten business security 11/08/2023 at 06:02 By Help Net Security Today, individual people – not businesses or government entities as a whole – are the primary targets, or entry points, for all major cyberattacks, according to Agency. Yet, while the cyber threat landscape has seen this major shift, security software to
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Learning from past healthcare breaches to fortify future cybersecurity strategies 10/08/2023 at 07:02 By Help Net Security In the face of rising cyber threats, the healthcare sector has become a hotbed for cyberattacks. Given the gravity of this situation, we sat down with Shenny Sheth, Deputy CISO at Centura Health, who sheds light on the
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The gap in users’ identity security knowledge gives cybercriminals an opening 01/08/2023 at 06:34 By Help Net Security With exponential growth in the number of human and machine actors on the network and more sophisticated technology in more places, identity in this new era is rapidly becoming a super-human problem, according to RSA. Paradoxically, even
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Up to 11 Million People Hit by MOVEit Hack at Government Services Firm Maximus 27/07/2023 at 14:50 By Ionut Arghire Maximus Inc says that the personal information of 8 to 11 million individuals was stolen in the MOVEit cyberattack. The post Up to 11 Million People Hit by MOVEit Hack at Government Services Firm Maximus
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Companies Required by SEC to Disclose Cybersecurity Incidents in 4 Days 27/07/2023 at 12:47 By Eduard Kovacs The SEC has adopted new rules requiring public companies to disclose cybersecurity breaches that have a material impact within four days. The post Companies Required by SEC to Disclose Cybersecurity Incidents in 4 Days appeared first on SecurityWeek.
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Enterprises should layer-up security to avoid legal repercussions 26/07/2023 at 08:03 By Help Net Security The role of CISO these days requires a strong moral compass: You have to be the one speaking up for the protection of customer data and be ready to handle uncomfortable situations such as pressure to downplay an actual breach.
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Companies encounter months-long delays in filling critical security positions 26/07/2023 at 06:02 By Help Net Security A lack of executive understanding and an ever-widening talent gap that is placing an unsustainable burden on security teams to prevent business-ending breaches, according to Swimlane. The research investigated the perceptions of cybersecurity among on-the-ground security professionals and executives,
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Average cost of a data breach reaches $4.45 million in 2023 24/07/2023 at 11:18 By Help Net Security IBM released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report and a 15% increase over the
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Tampa General Hospital Says Patient Information Stolen in Ransomware Attack 21/07/2023 at 14:32 By Ionut Arghire Tampa General Hospital has started informing patients that their personal information was stolen in a ransomware attack. The post Tampa General Hospital Says Patient Information Stolen in Ransomware Attack appeared first on SecurityWeek. This article is an excerpt from
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CISOs are making cybersecurity a business problem 21/07/2023 at 06:02 By Help Net Security U.S. enterprises are responding to growing cybersecurity threats by working to make the best use of tools and services to ensure business resilience, according to ISG. Enterprises face growing cybersecurity threats The report for the U.S. finds that the U.S. security
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Cosmetics Giant Estée Lauder Targeted by Two Ransomware Groups 20/07/2023 at 21:18 By Eduard Kovacs Estée Lauder has confirmed suffering a data breach just as two ransomware groups claimed to have targeted the company, both allegedly stealing vast amounts of information. The post Cosmetics Giant Estée Lauder Targeted by Two Ransomware Groups appeared first on
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