In the latest weekly update, four editors at ISMG discuss how Russia's invasion of Ukraine complicates cybercrime ransomware payments, a former U.S. Treasury senior adviser's take on Biden's cryptocurrency executive order, and important points regarding the upcoming identity theft executive order.
U.S. lawmakers on Thursday again discussed illicit finance with regard to cryptocurrencies - in light of recent warnings that the Russian government may increasingly rely on digital currencies to stabilize its sanctioned economy. And Sen. Elizabeth Warren introduced a sanctions-related bill.
The pandemic has raised the ante significantly for the attack surface and the level of insider threats facing healthcare sector entities, according to Dave Bailey, vice president of security services, and attorney Andrew Mahler, vice president of privacy and compliance, of consultancy CynergisTek.
Expel is out with its new forward-looking report, “Great eXpeltations,”
and ransomware and cryptojacking are among the topics covered. Jon
Hencinski of Expel and Michael Darling of Venable share insights on attack
trends and how to defend against them.
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Highlights...
War in Ukraine continues into its third week, and Russia is closing in on major Ukrainian cities, upping its targeting of civilian infrastructure. In the U.S., cybersecurity officials continue to urge a "Shields Up" approach - while the digital conflict has devolved deeply into the underground.
It is critical for medical device manufacturers to take a threat modeling approach early in a product's design stage, say MITRE medical device cybersecurity experts Margie Zuk and Penny Chase, co-authors of the recently released Playbook for Threat Modeling Medical Devices commissioned by the FDA.
As the Russia-Ukraine war continues, healthcare sector entities need to be prepared to deal with potential spillover cyber incidents, says Anahi Santiago, CISO of ChristianaCare, the largest healthcare delivery organization in the state of Delaware. She discusses current cyber challenges.
International hacking collective Anonymous reportedly hacked the German subsidiary of Russian energy company Rosneft on Monday, die Welt newspaper says, citing the country's cybersecurity watchdog, the Federal Office for Information Security.
The scary fact is that the majority of data breaches are caused by human error. With so many technical controls in place hackers are still getting through to your end users. How are they so easily manipulated into giving the cybercriminals what they want? Well, hackers are crafty. And the best way to beat them is to...
Healthcare sector entities increasingly need to implement a zero trust approach with their security, says federal adviser Erik Decker, CISO of Intermountain Healthcare. Zero trust, he says, integrates "a lot of different architecture and systems … that have to work in concert with each other."
What are the ethics of paying ransom to cybercriminals who might be working as a proxy cyber force in support of Russia's invasion of Ukraine? Realistically, whether or not to pay often comes down to a business decision. But Russia's invasion further complicates the optics for ransomware victims.
Learn how advanced analytics and machine learning help financial organizations proactively detect and prevent fraudulent payments.
As new payment types proliferate globally, payment and identity fraud is also skyrocketing. In 2021, global card fraud losses hit a staggering $28.58 billion.
To survive and stay...
Ukraine's cybersecurity authority says the country is fighting its first-ever hybrid war - combining conventional and digital warfare strategies and tactics. In this time of high alert, Rob Dartnall of Security Alliance calls for organizations to develop their threat intelligence capabilities.
Hacking group MuddyWater, linked to the Iranian Ministry of Intelligence and Security, is targeting Turkey and the Arabian Peninsula to conduct espionage and intellectual property theft and to deploy ransomware and destructive malware. The campaign uses malicious documents to deploy RATs on systems.
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