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MY TAKE: Why ‘basic research’ is so vital to bringing digital transformation to full fruition

The Last Watchdog

An estimated 60% of research and development in scientific and technical fields is carried out by private industry, with academic institutions and government accounting for 20% and 10%, respectively, according to the Organization for Economic Cooperation and Development. NTT Group, for instance, typically spends more than $3.6

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Half of EDR Tools, Organizations Vulnerable to Clop Ransomware: Researchers

eSecurity Planet

Government has offered a $10 million reward for information on the threat actors. Lace Tempest (Storm-0950, overlaps w/ FIN11, TA505) authenticates as the user with the highest privileges to exfiltrate files,” Microsoft notes. Encrypt backup data to ensure the data infrastructure’s immutability and coverage.

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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017.

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2019 end-of-year review part 1: January to June

IT Governance

IT Governance is closing out the year by rounding up 2019’s biggest information security stories. California man Jay Brodsky brought a class-action suit against Apple , claiming that iPhone and Mac users are being forced into time-consuming two-factor authentication. IT Governance released its final Weekly Podcast.