Oren Eytan spent 25 years in the Israel Defense Forces, rising to the rank of colonel and heading the IDF's cybersecurity unit. Now, as CEO of odix, an Israeli cybersecurity vendor, he is helping his country rebound from the Oct. 7 attacks and support the nation's war against Hamas.
Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, Sam Bankman-Fried testified in his U.S. criminal trial, the United Kingdom issued further crypto regulation, U.S. federal law enforcement arrested SafeMoon executives, and Onyx and Unibot each fell victim to a hack.
Boeing has confirmed suffering a "cyber incident" affecting its parts and distribution business days after the notorious LockBit ransomware group claimed to have breached systems at the world's biggest aerospace company and to have stolen "a tremendous amount of sensitive data."
Texas-based mental healthcare provider Deer Oaks Behavioral Health is notifying nearly 172,000 patients that their information was potentially compromised in a ransomware incident, even though the attack was apparently quickly detected and contained.
When asked what has changed most since Oct. 7, Chen Shmilo, CEO of Israel's 8200 Alumni Association, said "trust." Trust in leadership has changed, but trust in society and its power to be resilient has been renewed, he said. "In these darkest times, some things might even change for the better."
Once ransomware hackers get inside a healthcare sector organization's systems, 3 in 4 attackers will also maliciously encrypt data, says security firm Sophos. Attackers successfully encrypted data in 75% of ransomware attacks on healthcare sector entities, researchers report.
A scientist claims to have developed an inexpensive system for using quantum computing to crack RSA, which is the world's most commonly used public key algorithm. If true, this would be a breakthrough that comes years before experts predicted. Now, they're asking for proof.
Risks tied to artificial intelligence are imminent and require systemic attention, the head of the British crime agency said Tuesday. Facial recognition and AI are the two latest technical developments where we need to continue working and essential that we get right," said Graeme Biggar.
A Georgia-based firm that provides administrative services for health plans is among the latest firms reporting a major health data hack involving their use of Progress Software's MOVEit file transfer software. NASCO joined a growing list of health sector vendors hit by MOVEit hacks.
A Massachusetts-based medical management firm holds the dubious honor of being the first ransomware victim fined for a data breach by the Department of Health and Human Services. Doctors Management Group agreed to a $100,000 financial settlement and three years of HIPAA compliance monitoring.
Researchers have discovered an underground offering with the codename "Prolific Puma," which since 2020 has been the "largest and most dynamic" cybercrime link-shortening service on the market. Attackers use it to better target victims with phishing campaigns, scams and malware.
The recently ended ISMG Financial Services Summit was dedicated to fortifying cybersecurity preparedness in the financial services industry. Thought leaders guided critical discussions on cybersecurity topics such as critical infrastructure, incident response, supply chain threats and zero trust.
PSR shift in liability adds another dimension of complexity for financial institutions (FIs) combatting sophisticated APP fraud scams and new account fraud. Not only is it more challenging for FIs to protect themselves and customers, that liability shift could have deep revenue impact.
Proofpoint has agreed to purchase a cloud email security provider founded by HSBC, RBS, Santander and UBS alumni to apply artificial intelligence to evolving threats. The proposed acquisition of Boston-based Tessian will help Proofpoint address common forms of data loss including data exfiltration.
North Korean hackers are spreading malware through known vulnerabilities in legitimate software. In a new campaign spotted by Kaspersky researchers, the Lazarus group is targeting a version of an unnamed software product for which vulnerabilities have been reported and patches are available.
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