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Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Cloud 77
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New LockFile ransomware gang uses ProxyShell and PetitPotam exploits

Security Affairs

A new ransomware gang named LockFile targets Microsoft Exchange servers exploiting the recently disclosed ProxyShell vulnerabilities. A new ransomware gang named LockFile targets Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities. “The LockFile ransomware was first observed on the network of a U.S.

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. LockFile ransomware gang started its operations last month, recently it was spotted targeting Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities.

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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Systems at Xchanging, a subsidiary of Global IT services and solutions provider DXC Technology was hit by ransomware over the weekend. Global IT services and solutions provider DXC Technology disclosed a ransomware attack that infected systems at its Xchanging subsidiary. Securities and Exchange Commission (SEC).

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Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

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NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Extortion Payments.