There is a skills shortage in most tech roles, but cybersecurity for critical infrastructure is a newly identified problem requiring new approaches. Mex Martinot of Siemens Energy gives advice on steps to bridge the cybersecurity skills gaps for critical infrastructure in the Asian energy sector.
ExtraHop announced Tuesday it has entered into a definitive agreement to be acquired by the private equity firms Bain Capital Private Equity and Crosspoint Capital Partners for $900 million. The transaction is expected to close in the summer of 2021.
Colonial Pipeline Co. CEO Joseph Blount defended his actions during the opening hours of the May 7 DarkSide ransomware attack against his company as several lawmakers on the Senate Homeland Security and Governmental Affairs Committee grilled the executive for over two hours on Tuesday.
Amazon, Google, Spotify and Twitter were among the sites that were unreachable Tuesday morning due to a configuration error at widely used content delivery network Fastly, which said the problem was resolved after about an hour, after which the disruptions would begin to abate.
Ransomware attacks have evolved over the years as attackers have come out with new strategies for digital extortion, says Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group. He shares insight from the Verizon 2021 Data Breach Investigations Report.
The U.S. Justice Department reported it recouped $2.3 million of the $4.4 million ransom Colonial Pipeline Co. paid following a May 7 ransomware attack. The DOJ's Ransomware and Digital Extortion Task Force coordinated the effort, in which the FBI tracked payment to a bitcoin wallet it controls.
The Identity Theft Resource Center, a nationally recognized nonprofit organization established to support victims of identity crime, has published new research that shows nearly 30% of people who contact the ITRC are victims of more than one identity crime.
Symphony Technology Group's acquisition of FireEye Products Business in a $1.2 billion deal will set up the private equity group to better compete with security giants such as Microsoft and Cisco, while unlocking profit potential for FireEye and the now stand-alone Mandiant Solutions, analysts say.
It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.
Election security improvements, the push for all software to ship with a "bill of materials" and the results of a long-running investigation into a lucrative digital advertising scam are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
The latest edition of the ISMG Security Report details the ongoing wave of ransomware attacks, including the disruption of JBS, the world's largest supplier of meat. Also featured are police busting criminals who formerly used the EncroChat communications network and the strategies for filling the cyber skills gap.
Internet of things security professionals are expressing concern over Amazon's new Sidewalk - a low-bandwidth network program that will allow some of the company's connected and IoT devices to share Wi-Fi access even outside an owner's home.
FireEye announced on Wednesday the sale of its product line and name to Symphony Technology Group, a private equity group based in Palo Alto, California, for $1.2 billion. The deal means FireEye will be separated from Mandiant Solutions, its forensics unit that's often called upon after a data breach.
Organizations are connecting to industrial control networks at an increasing pace. The need to connect to the IT environment, cloud applications and remote workers has created a definitive gap by eroding the demilitarized zone. Because of this, organizations must deploy new ways to secure operational technology...
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