A periodic stress test assessment of U.K. insurers by the Bank of England found underwriters mostly withstood extreme cyber events. Still, underwriters may not be operating from the same set of assumptions when it comes to the likelihood of having to manage an actual extreme cyber event.
Russian and Iranian state-sponsored hackers are using advanced social engineering tactics to target journalists, defense organizations and academic and civil society organizations in the U.K. for cyberespionage campaigns, the British National Cyber Security Center warns.
Microsoft blamed an internal network configuration change for outages that disrupted access to Microsoft 365 services, including Microsoft Teams and Outlook, for users around the world. The change has been rolled back and additional infrastructure added to speed restoration, it says.
How does a CISO map his goals to the security investments made by a company long before he came onboard? How can you balance the short-term and long-terms goals at a new organization? Aditya Vardhan, CISO of Jindal Power & Steel, shares his insights on ensuring a smooth transition.
Australia started operating an international ransomware task force to facilitate information sharing and best practices worldwide. “Recent cyber incidents in Australia and around the globe are a stark reminder of the insidious nature of ransomware," said Minister for Home Affairs Clare O'Neil.
Researchers have linked Chinese advanced persistent threat group Playful Taurus, also known as Vixen Panda and Nickel, to a series of attacks against Iranian organizations between July and December 2022. The group recently updated its toolkit to include a new variant of the Turian backdoor.
The United Kingdom's Royal Mail says it can again deliver simple letters to international destinations as it enters a second week of grappling with the fallout of a ransomware attack. It is testing operational workarounds to reduce its backlog of packages to be delivered.
The former head of the U.K.'s National Cyber Security Centre warns that destructive ransomware targeting large enterprises is likely to surge in 2023, adding that recent attacks on Royal Mail and The Guardian newspaper are examples of these early-stage attacks.
Three Australian law firms teamed up in a bid to have private health insurer Medibank pay victims of a data breach caused by Russian ransomware hackers up to $20,000 per person. Hackers late last year staged data leaks of stolen medical treatment data to maximize humiliation.
The Vice Society ransomware group today claimed responsibility for a December 2022 attack on an Australian state fire department that led to a widespread IT outage. Fire Rescue Victoria warned current and former employees and job applicants of data leak.
The Irish Data Protection Commission has imposed a fine of 390 million euros against Meta Ireland for violating the General Data Protection Regulation related to user data processing. Meta confirmed it will contest the penalty, which targets ad personalization by Facebook and Instagram.
There are many questions about the security aspects of the Central Bank Digital Currency, or CBDC, and how it will be deployed. Dr. N Narayanan Rajendran, chief digital officer of the Multi Commodity Exchange of India, shares his views on the road ahead with CBDC.
Posing as leading banks, the North Korea-backed BlueNoroff group is evading Microsoft Windows' Mark of the Web security measure to help infect machines with malware. Hackers are refining their techniques for bypassing MOTW, which warns users when they try to open a file downloaded from the internet.
A North Korean state-sponsored APT group targeted nearly 900 foreign policy experts from South Korea to steal their personal data and carry out ransomware attacks. Targeted individuals mainly had backgrounds in diplomacy, defense and security and were working toward Korean unification.
The French data protection authority fined Microsoft Ireland 60 million euros for privacy and security practices relating to a Bing search engine advertising cookie. The company has three months to get the consent of the French users before further deployment of the cookie.
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