In the latest "Proof of Concept," two CyberEd board members, Connecticut state CISO Jeff Brown and Maricopa County CISO Lester Godsey, join ISMG editors to discuss securing digital government services, improving user experiences and balancing user convenience with robust identity verification.
Malwarebytes laid off at least 100 workers this week and plans to split its consumer and corporate-facing business units into separate companies. The antivirus firm cut also recently axed its chief product officer, chief information officer and chief technology officer.
This week, Cypher rolled out a futuristic compensation plan for victims, hackers exploited crypto users via a WinRAR bug and separately stole $900,000 from Balancer, the DEA lost $500K to a crypto scammer and the EU Data Act's smart contract provision raised questions.
Cybersecurity doublespeak is never a good sign, especially when it comes in a letter this week addressed to half a million current and former employees of fast-fashion retailer Forever 21, warning them that their personal information was stolen in an eight-week breach discovered in March.
CrowdStrike CEO George Kurtz said point product companies "are quickly going the way of legacy antivirus" as rivals SentinelOne and BlackBerry reportedly hunt for buyers. The endpoint security market is quickly consolidating from being "littered with dozens of companies" to having several vendors.
In the evolving threat landscape, small-time threat actors are entering the ransomware space and targeting small and medium-sized businesses. These organizations must adopt a defense-in-depth approach to defend themselves, said Nick Biasini, head of outreach at Cisco Talos.
What's behind the profusion of reported attacks involving stolen or reused strains of ransomware? Blame a variety of factors, including law enforcement crackdowns, evolving ransomware business models and at least one case of a ransomware group leader with poor morale-building skills.
The number of major health data breaches is decreasing, but a recent disturbing trend reflects the vulnerability of critical vendors and the tenacity of cybercriminals, say John Delano, a vice president of Christus Health, and Mike Hamilton, CISO and co-founder of security firm Critical Insight.
In today's evolving digital landscape, application security is crucial. That’s why it is increasingly important to normalize the use of two-factor authentication in the developer community to the point that it is "effectively ubiquitous," said John Swanson, director of security strategy at GitHub.
Large language models have revolutionized various industries by automating language-related tasks, enhancing user experiences and enabling machines to communicate more naturally with human beings, according to Rodrigo Liang, CEO of SambaNova Systems.
Public-private cybersecurity councils urged the healthcare industry to be more expansive in sharing signs of hacking, warning that traditional indicators aren't enough. Fending off hackers requires additional shared data, such as SIEM rules and automated response playbooks.
The fear that ChatGPT could turn a low-sophisticated hacker into a sophisticated adversary is unfounded, said Howard Marshall, global intelligence lead, Accenture Security. He says most hackers lack the expertise and education to create sophisticated malware.
Kroll is warning claimants in three major cryptocurrency bankruptcy cases that hackers obtained their personal data after the attacker convinced a mobile carrier to redirect an employee's phone number to their own device. Hackers appear to have already begun a phishing campaign.
Venture-backed cloud security firm Wiz swallowing up publicly traded endpoint security firm SentinelOne would be one of the most unorthodox and surprising acquisitions the cybersecurity industry has ever seen. But despite the major financial hurdles, the potential technology synergies are obvious.
Ransomware and data exfiltration attacks continue to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one. Rackspace was hit by the Play ransomware group last year.
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