As ransomware threats continue to grow in 2022, cyber insurance companies have clearly stated that they do not want to talk about the "cyber" part of insurance, says Sri Lanka-based Sujit Christy, group CISO at John Keells Holdings PLC.
Four ISMG editors discuss: how too many organizations fail to implement basic cybersecurity defenses - such as MFA; a proposed lawsuit against health insurer Excellus that calls for an improvement to its data security program; and strategies for securing open-source and other software components.
Data on more than 515,000 "highly vulnerable people" has been compromised as the result of a supply chain cyberattack, the International Committee of the Red Cross has disclosed. The organization's humanitarian activities are already being impacted.
It has been said that as soon as you connect to the internet, your
infrastructure is potentially breached. Now there is growing recognition
that any network should always be treated as compromised. It should be
assumed that threats, external and internal, are always present, even on
what was previously defined as...
India's Personal Data Protection - or PDP - Bill is "a useful framework that requires organizations to analyze the sensitivity of data that they collect and process and use this analysis to adopt a customized cybersecurity plan," says Keshav Dhakad, general counsel and group head of corporate, external and legal...
Privacy regulators in Europe last year imposed known fines totaling more than $1.2 billion under the EU's General Data Protection Regulation, including two record-breaking sanctions, law firm DLA Piper finds. The total value of fines in 2021 was nearly a sevenfold increase from that seen in 2020.
The latest edition of the ISMG Security Report features an analysis of how attackers are distributing Night Sky crypto-locking malware to exploit Log4j vulnerabilities, lessons learned from Log4j and a security flaw that affects some Tesla-built vehicles.
A security researcher in Germany says he's discovered a software flaw affecting a small number of Teslas, allowing him to unlock doors and windows, start vehicles without keys and disable security systems. The flaw, however, does not affect steering, acceleration or braking.
The Cyberspace Administration of China's new regulation for companies that offer algorithm-based recommendation services has been met with caution. Some statements in the regulation, which is to go into effect on March 1, are vague enough to be abused, and confidentiality is also a concern.
The EU's law enforcement agency, Europol, has been ordered by a watchdog to not retain for longer than six months any personal data it stores pertaining to individuals who reside in the EU, unless it has ascertained that the individuals are tied to an investigation or criminal activities.
The latest edition of the ISMG Security Report features an analysis of the recent surge in Russian cyber interference in Ukrainian government and civilian networks, the impact of China's privacy law, and the battle against cryptocurrency cybercrime.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the ransomware-as-a-service model shifted in 2021, the rise of fraud in faster payments and how to prevent it, and one CISO's take on the state of the industry.
ISMG's global editorial team reflects on the top cybersecurity news and analysis from 2021 and looks ahead to the trends already shaping 2022. From ransomware to Log4j, here is a compilation of major news events, impacts and discussions with leading cybersecurity experts on what to expect in the new year.
For Santosh Kamane, head cybersecurity, risk management and business continuity at DBS Asia Hub 2, privacy regulations play a huge role in improving the security posture of enterprises, including banks.
In the U.S., three states now have disparate data privacy laws - and more are coming. Meanwhile, China has enacted a new law that has global enterprises scrambling. How will these and other actions shape privacy discussions in 2022? Noted attorney Lisa Sotto shares insights.