Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million, according to the company's latest financial report. The company has said that the Maze ransomware gang was behind the attack.
Zoom has reached a settlement with the New York state attorney general's office to provide better security and privacy controls for its videoconferencing platform. Meanwhile, the company announced it's acquiring a start-up encryption company.
Even in the best of economic circumstances, enterprises face risks of insiders stealing data or selling access to systems. But Joseph Blankenship of Forrester says the possibility of layoffs due to the COVID-19 pandemic puts enterprises at more risk of insider threats.
The latest edition of the ISMG Security Report analyzes the many challenges involved in developing and implementing contact-tracing apps to help in the battle against COVID-19. Also featured: A discussion of emerging privacy issues and a report on why account takeover fraud losses are growing.
Ransomware attacks hit at least four large organizations around the world this week, including a hospital group in Europe that has been battling the COVID-19 pandemic.
India is modifying its 2020 National Cybersecurity Policy to take into account the shift to teleworking as a result of the COVID-19 pandemic, says Lt. Gen. (Retd) Rajesh Pant, national cybersecurity coordinator.
In honor of World Password Day, here's a task for every organization that uses remote desktop protocol: Ensure that all of your organization's internet-facing RDP ports have a password - and that it's complex and unique.
Despite the need to battle COVID-19, several nations' in-development digital contact-tracing apps are already dogged by security and privacy concerns. Whether enough users will ever trust these apps to make them effective remains a major question. Is it too late to get more projects back on track?
Authorities in the U.S. and U.K. are warning medical institutions, pharmaceutical companies, universities and others about "password-spraying campaigns" by advanced persistent threat groups seeking to steal COVID-19 research data. Security experts outline defensive steps that organizations can take.
Google and Apple on Monday released privacy and security guidelines for their jointly developed contact-tracing infrastructure. The companies note that apps developed using their APIs can only be developed by or for public health authorities - and solely to collect information to trace COVID-19 infections.
Organizations that have shifted to a remote workforce as a result of the COVID-19 pandemic should help in the battle against cybercrime by reporting all security incidents to law enforcement officials for investigation, says Brijesh Singh, inspector general of police, the government of Maharashtra.
Several malicious spam campaigns using COVID-19 as a lure are attempting to install the Remcos remote access Trojan on victims' devices, according to Microsoft.
Technology is no panacea, including for combating COVID-19. While that might sound obvious, it's worth repeating because some governments continue to hype contact-tracing apps. Such apps won't magically identify every potential exposure. But they could make manual contact-tracing programs more effective.
Ransomware, phishing, extortion scams - they all are
using COVID-19 themes. But socially engineered attacks
were already on the rise before the pandemic, say Olesia
Klevchuk and Nishant Taneja of Barracuda, who share
insights on the evolution of cloud-based email defences.
Download this eBook to learn more...
A recently uncovered phishing campaign is spoofing notifications from Microsoft's Teams collaboration platform in order to harvest Office 365 credentials from employees working from home offices because of the COVID-19 pandemic, according to research from Abnormal Security.
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