Organizations can effectively rely on managed security services providers to take care of many tasks, but certain strategic security functions must be handled in-house, says Sid Deshpande, research director at Gartner.
The U.K.'s National Cyber Security Center incident response teams have investigated more than 1,000 significant incidents in the past two years, the majority of which trace to nation-state attackers, officials say.
The Pentagon is warning that a data breach at a third-party travel management service provider exposed records for an estimated 30,000 civilian and military personnel. The breach alert follows a recent GAO report warning of serious cybersecurity shortcomings in U.S. weapon systems.
The notorious GandCrab ransomware-as-a-service gang has released the latest version of its crypto-locking malware, backed by crypter service and exploit toolkit partnerships. But the gang's marketing savvy belies shoddy code-development practices, security firm McAfee finds.
Google blames a bug in an API for its Google+ social networking service for exposing personal details of about 500,000 users' accounts, but says it doesn't believe the information was misused. The company was forced to acknowledge the March incident after it was reported by The Wall Street Journal.
To comply with GDPR, Facebook has notified Ireland's data privacy watchdog about the massive breach it has suffered, resulting in 50 million accounts being exposed. But Irish authorities have signaled that Facebook has failed to share all of the information they would have expected to see.
Several days after the Port of San Diego was hit by a crypto-locking ransomware attack, incident response efforts remain underway and many port systems remain offline. Port officials say the attacker has demanded a ransom, payable in bitcoin, for the promise of a decryption key.
One mystery with the recently discovered payment card sniffing attacks against such organizations as British Airways and Newegg has been how attackers might have first gained access to the victims' networks. But a number of cybercrime markets sell such access, in some cases for as little as 50 cents.
Scotland's Arran Brewery fell victim to a Dharma Bip ransomware attack that infected its Windows domain controller and crypto-locked files and local backups, leading to the loss of three months' worth of sales data. The brewery refused to pay the attackers' two bitcoin ransom demand.
Credit bureau Equifax has been hit with the maximum possible fine under U.K. law for "multiple failures" that contributed to its massive 2017 data breach, including its failure to act on a critical vulnerability alert issued by the U.S. Department of Homeland Security.
The latest edition of the ISMG Security Report features an analysis of a new Government Accountability Office report on the causes of last year's massive Equifax breach. Also: An update on the role of tokenization in protecting payments.
Ransomware. Phishing. Credential stuffing. These are among the top threats to financial institutions of all sizes. Small-to-midsized ones are particularly challenged to detect and respond to these threats.
The expense and challenge of maintaining in-house cybersecurity resources are just too great for many...
Timing incident response actions correctly helps with rapid remediation and enables taking full control of the environment, says Mandiant's Steven D'sa.
IT teams at regional banks and credit unions are stretched thin. They're expected to meet compliance obligations while simultaneously taking care of cyberthreats. This is particularly true for mid-sized institutions without resources dedicated to security or compliance, putting them at risk.
What options do...
Ransomware. Phishing. Credential stuffing. These are among the top threats to financial institutions of all sizes. But small-to-midsized ones are particularly challenged to detect and respond to threats. Arctic Wolf's Todd Thiemann discusses the value of managed detection and response.
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