Is a four-month delay between learning your systems were breached and notifying affected customers acceptable? After spotting an attack in August, private utility South Staffordshire Water in England is only beginning to alert customers that they're at risk of identity theft.
Security, observability and search vendor Elastic will shrink its workforce by 13% due to small and medium businesses reducing their purchases amid the economic downturn. Elastic will lay off nearly 400 of its 3,056 employees as it adopts an automated, low-touch motion for SMB customers.
Ransomware-wielding attackers have myriad tactics for extorting victims, including demanding a stand-alone ransom for a promise to delete stolen data. But Coveware's Bill Siegel urges victims to never pay for such promises, in part because they rarely - if ever - get honored.
At first glance, it may appear that data classification and Zero Trust, a cybersecurity framework, have nothing to do with one another. After all, each has their own separate specialized function. However, much like our environmental ecosystem where something seemingly small affects something much bigger, such is also...
The latest edition of the ISMG Security Report discusses why too few organizations admit to being victims of ransomware attacks, how delayed enterprise subscription start dates forced CrowdStrike to cut sales forecasts, and leveraging threat intelligence to protect critical infrastructure.
Open Systems has purchased an early-stage Microsoft-centric MSSP to help automate investigating, triaging and responding to basic security alerts. The Silicon Valley-based MDR provider says its acquisition of U.K.-based Tiberium will free up security analysts to focus on preventative defenses.
A British judge ordered cryptocurrency trading platforms to divulge the identities of account holders accused of holding funds stolen from an English digital assets exchange. A change in civil procedure makes it easier for English judges to subpoena foreign entities in cases of financial fraud.
The push to migrate applications to cloud-native architectures has driven increased use of containers and created the need for more security, says Veracode CEO Sam King. Veracode's expertise in application security helps the company identify open-source code and known vulnerabilities in containers.
While the cybercrime story for 2022 has yet to be fully written, cryptocurrency theft will no doubt have a starring role. Buoyed by the collective pilfering of billions of dollars' worth of cryptocurrency this year, what's to stop attackers from doubling down in 2023?
The latest edition of the ISMG Security Report discusses how the profits of ransomware group Zeppelin have been smashed by security researchers, FTX again highlighting the risks of trading cryptocurrencies, and vendor Extrahop's newly appointed, high-profile president.
As the U.S. celebrates Thanksgiving, let's give thanks for this cybercrime karma: For more than two years, law enforcement and security experts have been exploiting flaws in the crypto-locking malware to help victims decrypt their systems without paying a ransom.
ReliaQuest customers have tailored Digital Shadows' threat intelligence to their organizations to ensure conversations about their brands or products are being captured, says CEO Brian Murphy. The security operations firm says the Digital Shadows deal has fortified its detection and response muscle.
Creativity and innovation give businesses a competitive edge. Some companies keep innovations as secrets, and because the secrets are of great value to those companies, they take steps to ensure the information is protected. A trade secret is a type of intellectual property, and it's often the key to competitive...
Data breaches are tricky to cover, and we want to report on them in an ethical way. That requires picking what should be reported for informed public discourse but avoiding topics that may encourage attackers' efforts to shame victims into paying a ransom and anything resembling data dump voyeurism.
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