About 20% of new companies created in the U.K. every day - or some 800 firms - are scams. These fake businesses are being created from an ocean of stolen high-quality data related to real people, making it hard to spot the fraudsters, said Graham Barrow, director of "The Dark Money Files" podcast.
In the latest weekly update, ISMG editors discussed the convergence of the NOC and SOC functions, Scottish Police efforts to address the escalating challenge of cybercrime in Scotland, and why OpenAI is pushing to dismiss certain aspects of The New York Times lawsuit.
The never-ending surge in online crime remains a clear and present danger in Scotland. So said speakers at the sixth annual FutureScot conference in Glasgow, who touched on challenges with defending the country's National Health Service, coordinating intelligence sharing and more.
The Health Sector Coordinating Council has issued a five-year strategic plan - "a call to action" - for healthcare and public health organizations to implement cybersecurity programs that do a better job of protecting their patients against the ever-rising tide of threats.
In the latest "Proof of Concept," Jeff Brown, CISO for the state of Connecticut, and Lester Godsey, CISO for Maricopa County, Arizona, join ISMG editors to discuss AI-related threats to election security, safeguarding against cyber and physical threats and coordinating efforts for complete security.
Healthcare industry groups are urging their members to take certain precautionary actions in the wake of the attack last week on Change Healthcare, a unit of Optum. The advisories come as some researchers say the incident appears to involve exploitation of flaws in ConnectWise's ScreenConnect tool.
Pharmacies at U.S. military hospitals and clinics worldwide are among the entities affected by the cyberattack on Optum's Change Healthcare this week, which has forced the IT services company to take many of its applications offline. Change Healthcare disconnected its IT systems on Wednesday.
As the volume of major health data breaches rises, the federal agency charged with investigating those incidents told Congress this week that it lacks the needed funding to keep up with its mounting workload. The agency also separately announced its second ransomware HIPAA breach settlement.
It's not just medical device cybersecurity that's keeping some healthcare security leaders up at night - it's also the risks posed by other critical connected gear that patients and clinicians depend upon, said Ali Youssef, director of medical device and emerging tech security at Henry Ford Health System.
Change Healthcare - a unit of Optum that provides IT services and applications to hundreds of U.S. pharmacies, payers and healthcare providers - is dealing with a cyber incident that has forced the company to take its applications offline enterprisewide. The company said is triaging the situation.
This week: more fallout from LockBit, Avast to pay $16.5M, Russia-linked group targeted mail servers, no indication that AT&T was hacked, analysis of a patched Apple flaw, Microsoft enhanced logging, an Android banking Trojan, North Korean hackers and a baking giant fell to ransomware.
The notorious ransomware-as-a-service group LockBit, disrupted by law enforcement this week, was developing a new version of its crypto-locking malware prior to being shut down, security researchers reported. Even so, experts say it's unlikely the group would be able to successfully reboot.
Software giant ConnectWise urged customers to promptly update critical vulnerabilities that could allow the execution of remote code or directly affect confidential data or critical systems. The two vulnerabilities stem from an authentication bypass weakness and path traversal flaw.
An Arizona firm that provides administrative services to a dozen ophthalmology practices in several states is notifying nearly 2.4 million patients of a data theft incident. The hack is among the latest recent major data breaches involving vendors of critical services to healthcare firms.
Australian telecom company Tangerine is blaming the compromise of a third-party contractor's credentials for exposing personal information of 232,000 customers, which had been stored in a legacy database. The breach exposed customers' names, birthdates, mobile numbers, addresses and account numbers.
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