This edition of the ISMG Security Report takes a look at how ready healthcare organizations are for GDPR compliance. Also featured: comments from Alberto Yepez of Trident Capital on the 2018 outlook for information security companies and a summary of the latest financial fraud trends.
The cyber espionage group that executed a campaign against the Democratic Party has been gearing up to attack the U.S. Senate, cybersecurity firm Trend Micro warns. Separately, a Senate report demands that the White House do more to prevent the 2018 and 2020 U.S. elections from being disrupted.
There are roughly 3,000 cybersecurity vendors in the market today, and former FireEye CEO Dave DeWalt says conditions are right for even greater market growth. How does he see the marketplace evolving in 2018?
In a reversal, chipmaker AMD is now warning that its chips are susceptible to the speculative execution flaws in microprocessors known as Spectre, but not to the Meltdown. Separately, Intel has confirmed that its firmware updates have led to stability problems for older Broadwell and Haswell processors.
Following the alert over Meltdown and Spectre vulnerabilities, the U.K. Information Commissioner's Office is warning that failures to patch today could be punished with fines under GDPR once enforcement of the data protection law begins later this year.
Mobile phone retailer Carphone Warehouse has been hit with one of the largest fines ever imposed by Britain's data privacy watchdog after an attacker breached its outdated WordPress installation, exposing 3 million customers' and 1,000 employees' personal details.
Patch or perish to protect against Meltdown and Spectre attacks, and prepare to keep patching as Intel, AMD and ARM, as well as makers of devices running Apple, Google and Windows operating systems, including Apple iOS and Android smartphones and tablets, continue to refine their fixes.
One of the most alarming breaches of 2015, involving Hong Kong toymaker VTech, has resulted in a $650,000 settlement with the U.S. Federal Trade Commission. It's a warning that internet of things security shortcomings - especially involving children's personal data - will have business consequences.
Personal details for 30,000 Medicaid recipients in Florida may have been exposed after a government employee fell victim to a phishing attack, state officials warn. The information could potentially be used to file false Medicaid claims.
Security teams are scrambling to put in place fixes for the Meltdown and Spectre flaws. But Windows users report that Microsoft's security fix for the flaws has been freezing some PCs built with CPUs from chipmaker AMD. Here are workarounds.
The U.S. Department of Homeland Security says nearly 250,000 federal employees' personal details were exposed in a 2014 breach of its Office of Inspector General's case management system. Witness testimony and an unknown number of nonemployees' personal details also were exposed.
Microprocessor makers Intel, ARM and AMD, as well as operating system and software developers and makers of smartphones and other devices, are rushing to prep, test and ship fixes for the serious CPU flaws exploitable via Meltdown and Spectre attacks.
"Replace CPU hardware" might be the only full solution listed by CERT/CC for serious flaws in microprocessors that run millions of PCs, cloud services, servers, smartphones and other devices. Thankfully, many security experts believe patches and workarounds will mostly suffice.
Ransomware has ascended, by some estimates, to a $1 billion industry. Although the FBI advises against paying ransoms, some organizations see it as the quickest way to recovery. Michael Viscuso of Carbon Black says that the larger problem is a failure to defend networks.
Information security truisms: 2017 was the year of more cybersecurity - more attacks, more spending, more defenses, more breaches - and 2018 will see more of everything "cyber," plus GDPR enforcement, proxy wars online and more.