Europe faces an annual investment gap of 1.75 billion euros in the cybersecurity industry compared to the United States, warn the European Commission and the European Investment Bank. They propose a new fund dubbed the European Cybersecurity Investment Platform to foster domestic industry growth.
Many entities fight an uphill battle against increasingly clever phishing and related scams that lead to serious data compromises, say former CIA analyst Eric Cole and former Department of Justice Assistant Attorney General David Kris, who are both advisers at security firm Theon Technology.
Palo Alto Networks has scaled back its M&A ambitions, walking away from a $600 million deal for Apiiro in favor of buying Cider Security for $200 million. Palo Alto says it abandoned the negotiations over irreconcilable differences in the valuation of Apiiro's code risk platform business.
If remote access to corporate networks is only as secure as the weakest link, only some dreadfully weak passwords now stand between hackers and many organizations' most sensitive data, according to new research from Rapid7 into the two most widely used remote access protocols - SSH and RDP.
The Federal Police of Brazil arrested a lead suspect behind a December 2021 incident that temporarily disrupted access to novel coronavirus vaccination data. The suspect, arrested in the city of Feira de Santana, is an alleged member of the multinational and teenager-dominated Lapsus$ hacking group.
Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Australia's largest private health insurer has transformed over a week from being confident that it repelled a cyber incident to being apologetic after disclosing that hackers got away with up to 200 gigabytes of customer data. Australian Federal Police are investigating the incident at Medibank.
Researchers from cybersecurity firm Eset found a variant of Android stalkerware dubbed FurBall slightly modified in a semi-successful bid to evade detection. The malware, dubbed FurBall, is a tool used by a hacking group linked to the Iranian government.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
More Russian-speaking, ransomware-wielding attackers are gunning for Russian businesses and government agencies, researchers report. The unwritten rule of Russian cybercrime has historically been to never attack inside Russia or neighboring allies.
Too many medical device makers don't pay close attention to the fine details and features of their product designs to ensure they are safe and secure, says Naomi Schwartz, a former product reviewer at the Food and Drug Administration and current cybersecurity adviser at security firm MedCrypt.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
Security researchers spotted a previously undetected PowerShell backdoor disguising itself as part of the Windows update process that appears to have infected at least 69 victims. When SafeBreach Labs ran obfuscated scripts downloaded by the backdoor through VirusTotal, they came back as clean.
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