Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
Citrix Systems is investigating a suspected hack attack, resulting in the theft of business documents, after being tipped off by the FBI. The breach alert follows Citrix recently disclosing that in late 2018, hackers breached some of its customers' accounts via credential-stuffing attacks.
Although organizations need to worry about phishing, malware and other inbound threats, they also must be aware that social media accounts pose an increasing risk - and they need to be monitored and locked down, says Otavio Freire of SafeGuard Cyber.
Four business sectors - hospitals, banks, securities firms and market infrastructure providers - potentially face the most significant financial impact from cyberattacks that could lead to a weakened credit profile, according to a new report from Moody's Investors Service.
Identity and access management is more complicated when organizations rely on a cloud infrastructure, says Brandon Swafford, CISO at Waterbury, Connecticut-based Webster Bank, who describes the challenges in an interview.