The Identity Theft Resource Center, a nationally recognized nonprofit organization established to support victims of identity crime, has published new research that shows nearly 30% of people who contact the ITRC are victims of more than one identity crime.
Symphony Technology Group's acquisition of FireEye Products Business in a $1.2 billion deal will set up the private equity group to better compete with security giants such as Microsoft and Cisco, while unlocking profit potential for FireEye and the now stand-alone Mandiant Solutions, analysts say.
It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.
Election security improvements, the push for all software to ship with a "bill of materials" and the results of a long-running investigation into a lucrative digital advertising scam are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
The latest edition of the ISMG Security Report details the ongoing wave of ransomware attacks, including the disruption of JBS, the world's largest supplier of meat. Also featured are police busting criminals who formerly used the EncroChat communications network and the strategies for filling the cyber skills gap.
Internet of things security professionals are expressing concern over Amazon's new Sidewalk - a low-bandwidth network program that will allow some of the company's connected and IoT devices to share Wi-Fi access even outside an owner's home.
FireEye announced on Wednesday the sale of its product line and name to Symphony Technology Group, a private equity group based in Palo Alto, California, for $1.2 billion. The deal means FireEye will be separated from Mandiant Solutions, its forensics unit that's often called upon after a data breach.
XDR - cross-layered detection and response - should be implemented exclusively in the cloud or on premises, says Jason Cavallaro, national IT manager at CJD Equipment, a distributor of construction equipment in Australia.
After the ransomware attack against meat-processing giant JBS, the White House says it has contacted Russia, putting it on notice that "responsible states do not harbor ransomware criminals." Experts say that despite the chaos caused by the Colonial Pipeline hit, the pace of ransomware attacks hasn't slowed.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
The world's largest meat supplier, JBS, says an "organized cybersecurity attack" has led it to shut down servers in North America and Australia. Experts say a prolonged outage could have a noticeable impact on the global supply of meat. The company has yet to disclose if the attack involved ransomware.
Phishing, ransomware and unauthorized access continue to be the leading cyber causes of violations of data protection rules and personal data breaches, Britain's privacy watchdog reports. U.K. authorities say that breach reporting to regulators and law enforcement agencies remains relatively steady.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
The FBI will soon begin sharing hashes of compromised passwords found in the course of its cybercrime investigations with Have I Been Pwned, a data breach notification service. The data will contribute to Pwned Passwords, a service that alerts users to passwords that have been exposed in data breaches.
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