Despite the beating new publicly traded security companies have taken during the economic downturn, Rubrik is looking to test its luck in the public market. Reuters reported Monday the firm is working with Goldman Sachs, Barclays and Citigroup in preparation for an IPO that could take place in 2024.
Pharmaceutical giant Merck's insurers must cover the company's losses involving the 2017 NotPetya malware attack because the "all-risks" property insurance policies' "hostile warlike" exclusions do not apply to the incident, ruled a New Jersey appellate court this week.
The increasing volume, frequency and sophistication of cyberattacks has made cyber resiliency a top priority for security leaders. But there are certain roadblocks to overcome before an organization can be cyber resilient, advise Samir Mishra and Navin Mehra of Cisco.
Ireland's child and family agency, Tusla, says it is beginning a months-long process to notify 20,000 individuals that their personal information was exposed in the May 2021 ransomware attack against the Health Service Executive, which formerly managed Tusla's IT systems.
Healthcare entities and their vendors should be prepared to show evidence to regulators of how they've implemented "recognized security practices," or RSPs, says Robert Booker, chief strategy officer of HITRUST. "You've got to demonstrate that you align with a framework."
As the massive ESXiArgs ransomware campaign continues to target unpatched VMware ESXi hypervisors, cybersecurity experts have released a script that can decrypt at least some affected virtual machines. Ransomware trackers count at least 2,803 victims, primarily in France, the U.S. and Germany.
Microsoft suffered its second major outage in less than two weeks, as users in North America and beyond were left unable to send, receive or search emails via Outlook.com and unable to access some additional functionality, including calendar APIs. Microsoft blamed unspecified "recent changes."
The LockBit group has gone from denying it had any involvement in the ransomware attack on Britain's Royal Mail to trying to bargain for a ransom. The ransomware group's site now lists Royal Mail as a victim and demands it pay a ransom or see stolen data get dumped.
Many healthcare sector organizations would raise their security maturity levels if more CISOs and their teams approached security with business enablement as the objective, says Taylor Lehmann, director for the office of the CISO at Google Cloud.
State-backed Russian hacking groups are continuing to focus less on Ukrainian military targets and much more on civilian infrastructure, Ukrainian cybersecurity officials report. Since the start of the year, Ukraine's Computer Emergency Response Team has tracked more than 2,100 major hack attacks.
One of the primary healthcare systems in the northwestern Italian city of Alessandria has been listed as a recent victim of the Ragnar Locker ransomware group, which has leaked stolen data and appears to be continuing to try and extort the organization.
Phishing and other socially-engineered schemes are going to get bolder, the attack surface is only going to get bigger, and enterprises everywhere are going to have to focus more on building cyber resilience. These are among the New Year's predictions from Zoom's new CISO, Michael Adams.
Hospitals must not only prepare in advance for ransomware and other debilitating attacks on their organizations, but also for responding to the effect of cyber incidents at neighboring facilities, says Dr. Christian Dameff of the University of California San Diego.
Twitter has suffered its first major outage since Elon Musk bought the company in late October and began serving as its CEO. The outage lasted several hours The uptime problems come amid ongoing concerns about site security following last month's mass layoffs and cybersecurity staff exodus.