University of California San Francisco Pays $1 Million to Ransomware Operators after June 1 Attack

NetWalker ransomware operators have persuaded the University of California San Francisco to pay over $1 million in an extortion scheme using data-encrypting malware. The attack, UCSF officials say, didn’t even target the institution. UCSF’s… Continue reading University of California San Francisco Pays $1 Million to Ransomware Operators after June 1 Attack

World Economic Forum Outlines Core Principles for Businesses Seeking to Reduce Cyber Risk

An optimistic new report by the World Economic Forum predicts businesses will prioritize security in a bid to ensure longer-term success. The reason? A rapid increase in cyberattacks and pressures escalating from changes prompted by COVID-19.
The … Continue reading World Economic Forum Outlines Core Principles for Businesses Seeking to Reduce Cyber Risk

Twitter Warns Paying Customers of Potential Data Leak

Twitter is warning paying customers of its advertising and analytics platforms in an email that it is “possible” others could have accessed their personal and financial information as a result of a bug. As reported by BBC News, Twitter lear… Continue reading Twitter Warns Paying Customers of Potential Data Leak

IT Departments May Be Helping Bad Actors with New Apps for Untrained Staff, New Research Shows

Rapid changes to how businesses operate offer excellent opportunities for malicious actors to access corporate networks. Infosec professionals report that phishing and whaling attacks taking advantage of unwary employees have risen during the pand… Continue reading IT Departments May Be Helping Bad Actors with New Apps for Untrained Staff, New Research Shows

Half of U.S. Businesses Have Yet to Mandate New Security Policies for Remote Workers

Before the COVID-19 pandemic, more than 80% of Americans had worked from home either rarely or not at all. Now, more than half are doing so, with no new security policies to help guide them, according to an IBM survey conducted by Morning Consult…. Continue reading Half of U.S. Businesses Have Yet to Mandate New Security Policies for Remote Workers

Cyber Readiness Institute: Small Businesses to Become Hot Target for Hackers during COVID-19 Pandemic

A company’s perception of the importance of cybersecurity depends on the size of the business, new research shows. Small businesses are less apprehensive of cyber attacks than bigger organizations, and according to one study, cybercriminals may s… Continue reading Cyber Readiness Institute: Small Businesses to Become Hot Target for Hackers during COVID-19 Pandemic

The Cybersecurity Skills Gap Continues, with SOCs Lacking as Many as 10 Key Employees in 2020

The vast majority of security operations centers (SOCs) are confident in their ability to counter cyber threats, yet few of their frontline workers can aptly track mean time to detection, while organizations still struggle with SOC staff shortages… Continue reading The Cybersecurity Skills Gap Continues, with SOCs Lacking as Many as 10 Key Employees in 2020

Clients Often Hold CEOs Personally Responsible for Ransomware Attacks, Research Shows

The general public is becoming increasingly well-educated about cyber-attacks and ransomware in particular – so much so that consumers are becoming unforgiving of businesses that don’t take security seriously. And when they look for someone … Continue reading Clients Often Hold CEOs Personally Responsible for Ransomware Attacks, Research Shows