A recent Securities and Exchange Commission filing by Tenet Healthcare, a major Dallas-based healthcare delivery organization, provides the latest public peek into the hefty impact a disruptive cyber incident can have on a healthcare entity's finances.
Michael Alan Stollery, the chief executive of Titanium Blockchain, pleaded guilty in U.S. federal court to securities fraud in a scheme involving a fraudulent cryptocurrency initial coin offering in which $21 million was stolen. Stollery faces up to 20 years of imprisonment.
Federal regulators say credit unions should report cyber incidents within 72 hours, including those experienced by third-party vendors that process member data. Just five deposit, payment, and data processing service companies dominate the credit union market.
Big, bad bugs - including the likes of Heartbleed, BlueKeep and Drupalgeddon - never seem to burn out. Instead, they just slowly fade away, despite the risk that attackers will successfully exploit them to steal data, seize control of systems or deploy ransomware.
A music streaming blockchain service patched a bug on a smart contract that had gone undetected since 2020. An attacker used it to steal $AUDIO crypto tokens worth nearly $6 million and sold them for more than $1 million. The vulnerability wasn't detected by multiple smart contracts security audits.
Exploring new ways to offer security as a service from his organization to external customers is an exciting challenge and opportunity, says Sean Mack, CIO and CISO of publishing company Wiley. He also discusses aligning security investments with the company's biggest business risks and goals.
A scan of Russian servers led researchers to follow a trail of digital breadcrumbs to find a server with "smoking gun" evidence of connection to MedusaLocker ransomware. The malware has especially affected the healthcare industry. Attack surface risk firm Censys detailed its findings in a report.
A proposed $350 million settlement of a consolidated class action lawsuit against T-Mobile, after a 2021 data breach that affected nearly 77 million people, includes breach victims and related legal costs. The settlement requires T-Mobile to invest $150 million to bolster data security.
Ukrainian network defenders continue to contend with a barrage of malware attacks. Apparent Russia hackers broadcast disinformation about Ukrainian President Volodymyr Zelenskyy's health and targeted a software developer with government customers.
Federal authorities are advising healthcare entities to fortify their defenses against cyberattacks involving web applications, including patient portals, telehealth services and webmail. Such apps offer hackers many potential entry points into an organization, they warn.
The U.S. Department of Justice unsealed its first insider trading case involving cryptocurrency markets, marking an escalation of traditional oversight. The case comes as a federal jury convicted a New York man for defrauding investors who bought into his supposed cryptocurrency.
Three ISMG editors discuss important cybersecurity issues, including the sharp rise in Maui ransomware attacks, how the FBI seized cryptocurrency ransom payments worth $500,000 from North Korean attackers and advice for CISOs navigating the great zero trust debate.
Two recent data breach lawsuit settlements by healthcare organizations underscore mounting liability risk stemming from a growing number of lawsuits. Missouri-based BJC Healthcare has agreed to pay up to $2.7 million to settle while Indiana-based Methodist Hospitals is on the hook for $425,000.
Premint NFT platform users became victims last weejend of one of the biggest NFT attacks ever. The company says an open-source vulnerability led to the compromise of its website, resulting in its users losing about $500,000 worth of blockchain assets.
U.S. Cyber Command and Security Service of Ukraine revealed malware indicators recently detected in Ukraine, which is resisting invasion by Russia. Cybersecurity firm Mandiant, which has ties to the U.S. military, published a detailed analysis of phishing campaigns with links to Belarus and Russia.
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