Security Affairs

MARCH 19, 2022

The Federal Bureau of Investigation (FBI) reported that AvosLocker ransomware is being used in attacks targeting US critical infrastructure. The Federal Bureau of Investigation (FBI) published a joint cybersecurity advisory warning of AvosLocker ransomware attacks targeting multiple US critical infrastructure. Pierluigi Paganini.

Ransomware 99

Ransomware Passwords Encryption Financial Services 99

The Last Watchdog

SEPTEMBER 7, 2022

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. Ransomware usually starts with a phishing email. Prevalence.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Security Affairs

DECEMBER 2, 2022

Cuba ransomware gang received more than $60 million in ransom payments related to attacks against 100 entities worldwide as of August 2022. The threat actors behind the Cuba ransomware (aka COLDDRAW, Tropical Scorpius ) have demanded over 145 million U.S. “Since spring 2022, Cuba ransomware actors have expanded their TTPs.

Ransomware 85

Ransomware Financial Services Manufacturing Phishing 85

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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Ransomware Encryption Insurance Cloud 97

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

Data breaches 107

Data breaches Financial Services Cybersecurity Ransomware 107

Security Affairs

JANUARY 4, 2021

Researchers from security firms Profero and Security Joes linked a series of ransomware attacks to the China-linked APT27 group. Security researchers from security firms Profero and Security Joes investigated a series of ransomware attacks against multiple organizations and linked them to China-linked APT groups. Pierluigi Paganini.

Ransomware 124

Ransomware Encryption Financial Services Cybersecurity 124

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 86

Cloud Financial Services Security Compliance 86

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020.

Energy and Utilities 91

Energy and Utilities Ransomware Agriculture Manufacturing 91

Security Affairs

APRIL 8, 2020

On March 21, the Maze ransomware operators published some of the stolen files on their “leak site,” after the refusal of the research firm of paying the ransom. The attack took place on March 14th, 2020, when the Maze Ransomware operators exfiltrated data from the HMR’s network and then encrypt their systems.

Ransomware 103

Ransomware Data breaches Encryption Financial Services 103

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Security Affairs

FEBRUARY 20, 2024

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

Energy and Utilities 101

Energy and Utilities Ransomware Manufacturing Agriculture 101

eSecurity Planet

NOVEMBER 17, 2022

Ransomware is the most feared cybersecurity threat, and with good reason: Its ability to destroy and steal data is almost without peer. That double threat — exfiltration and destruction/encryption — makes backup and encryption of data critically important for recovery and to avoid extortion when hackers threaten to release sensitive data.

Cloud 128

Cloud Ransomware Encryption Cybersecurity 128

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. Ransomware is the fastest-growing trend. Ransomware attacks can also threaten to release sensitive information.

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Ransomware Cybersecurity Phishing Encryption 145

Security Affairs

OCTOBER 15, 2019

The global shipping and mailing services company Pitney Bowes suffered a partial outage of its service caused by a ransomware attack. The Pitney Bowes company announced that a ransomware attack infected its systems and cause a partial system outage that made some of its service unavailable for some customers.

Ransomware 77

Ransomware Financial Services Access Encryption 77

IT Governance

NOVEMBER 13, 2023

million patient visits stolen in ransomware attack Date of breach: 23 October 2023 Breached organisation: Bluewater Health and Chatham-Kent Health Alliance Incident details: A database containing information about 5.6 Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 82

Security Data breaches Ransomware Artificial Intelligence 82

Data Matters

OCTOBER 8, 2020

individuals and businesses comply with ransomware payment demands. Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The company pointed out that exposed files did not contain passwords that could be used to access financial accounts.

Data breaches 120

Data breaches Encryption Financial Services Access 120

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. The rules contain the provisions we had described in the original NYDFS proposal a year ago (see our blog post here ), but include some changes. d) and 500.22(e)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

ransomware). According to the report, almost all (97%) of financial services organizations store data in the cloud. These tools include smart technology-oriented solutions like encryption and tokenization. The survey data revealed that encryption and tokenization rates remain low. of total budget.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Hunton Privacy

AUGUST 15, 2022

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”). A covered entity’s incident response plan, as required by Section 500.16

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

The Last Watchdog

MAY 26, 2022

Related: The role of post-quantum encryption. Quantum computers pose yet another looming threat since it has been mathematically proven that quantum computers with enough power will crack all the world’s public encryption. Ransomware payments must be reported within 24 hours, and all cyber incidents must be declared within 72 hours.

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Ransomware Government Agriculture Encryption 305

Security Affairs

SEPTEMBER 9, 2023

The Ragnar Locker ransomware gang added Israel’s Mayanei Hayeshua hospital to the list of victims on its Tor leak site The Ragnar Locker ransomware gang claimed responsibility for an attack on Israel’s Mayanei Hayeshua hospital.

Ransomware 116

Ransomware Phishing Encryption Financial Services 116

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Key service provider incident response steps.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

Security Affairs

SEPTEMBER 1, 2023

EternalBlue is a Windows exploit created by the US National Security Agency (NSA) and used in the 2017 WannaCry ransomware attack. These data packets can contain malware such as a trojan, ransomware, or similar dangerous program. Here is how the NSA-developed cyber monster works, and how you should defend against it.

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Phishing Ransomware Search queries Access 113

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

The Last Watchdog

SEPTEMBER 23, 2019

Cryptographic splitting has to do with encrypting data, splitting this encrypted data into smaller, random chunks, and then distributing those smaller chunks to several storage locations. At each storage location, yet another layer of encryption is added. And we keep the data encrypted all time.

Encryption 159

Encryption Security Compliance Digital transformation 159

The Last Watchdog

JULY 21, 2020

Furthermore, 50% encountered ransomware and other malware; 29% reported incidents of data getting exposed; 25% had accounts compromised; and 17% dealt with incidents of crypto-jacking. LW: Shifting gears a bit, what’s going on with ransomware? LW: What do ransomware attack pattern across the globe look like today?

Cloud 157

Cloud Ransomware Data breaches GDPR 157

IT Governance

JULY 31, 2019

Two Puerto Rico hospitals report ransomware attacks (520,000). Alabama-based school says its systems have been wiped out, but won’t confirm whether ransomware is to blame (unknown). Steel plant Blastech becomes second Mobile-based organisation to be hit by ransomware this month (unknown). Ransomware. J’Syracuse?

Data breaches 111

Data breaches Ransomware Personal data Government 111

eSecurity Planet

MARCH 26, 2021

The Biggest Ransomware Demand in History. The latest episode in the story is Acer Computer, who fell victim to a ransomware attack. While ransomware attacks have become a ubiquitous event these days, what makes this attack distinctive is the ransom demand itself. . REvil uses the Ransomware 2.0

Ransomware 57

Ransomware Authentication Financial Services Military 57

ForAllSecure

JUNE 16, 2021

You know you're seeing guy breaches in the news, aside from ransomware which you know is happening in a different way, but when you see your data breaches pure data exfiltrated out and you're seeing it happen on the API layer just simply because the security is not harder. And every time we do that, I swear.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

You know you're seeing guy breaches in the news, aside from ransomware which you know is happening in a different way, but when you see your data breaches pure data exfiltrated out and you're seeing it happen on the API layer just simply because the security is not harder. And every time we do that, I swear.

Authentication 52

Authentication Communications IoT Security 52

IT Governance

MARCH 11, 2024

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Glosbe did not reply, but the open instance was soon closed.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

Data Matters

APRIL 23, 2018

Encrypting critical data assets. Encrypting Critical Data Assets. Directors should develop at least a high-level familiarity with how data is secured ( e.g. , encryption of critical company data, both while at rest and in motion). Creating an enterprise-wide governance structure. Aligning cyber risk with corporate strategy.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Thales Cloud Protection & Licensing

NOVEMBER 30, 2020

In the EU, the GDPR has been linked to increased ransomware incidences as hackers use the threat of fines as leverage to extract larger ransoms from their victims. If they do, they should start considering remediation plans such as identity access management, encryption, and tokenization. The Long Arm of California.

Privacy 62

Privacy GDPR Compliance Data breaches 62

Data Matters

MAY 17, 2022

19, 2022, President Biden signed the National Security Memorandum, which implemented requirements from EO 14028 by setting out specific cyber requirements for government agencies and contractors, such as multifactor authentication, encryption, cloud technologies, and endpoint detection services. 19, 2022). 3600, 117th Cong. (as

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Cybersecurity Government Authentication Ransomware 97

ForAllSecure

APRIL 19, 2023

So, if if my system is attacked by ransomware, and I can detect the attack and recover in seconds, and the adversary gets no benefit from having a technique. VAMOSI:So we talk about it being more secure and you make some reference to ransomware. Somebody's trying to say encrypt the whole database or exfiltrate the whole database.

Analytics 40

Analytics Communications Computer and Electronics Cybersecurity 40