The Times of India reports that Delta Air Line sued CrowdStrike over the firm’s faulty software update in July that resulted in widespread outages for CrowdStrike customers. Delta had to cancel 7,000 flights for 1.3 million customers and suffered $500 million in losses. CrowdStrike responded to the lawsuit, which was filed in Georgia state court […]
The Record reports that the Securities and Exchange Commission has charged four cybersecurity firms for their disclosures stemming from the SolarWinds incident in 2020: The Securities and Exchange Commission (SEC) charged four companies —- Check Point, Avaya, Unisys and Mimecast — for making “materially misleading” disclosures related to cybersecurity risks and intrusions. Tuesday’s announcement is the result […]
While entities should be concerned about the risk of hacks or attempts to exfiltrate or encrypt data, the risk of a DDoS attack should not be ignored. Distributed Denial of Service (DDoS) attacks can totally disrupt an entity’s website or ability to function. Huge botnets enable serious power slamming websites and preventing them from functioning. […]
If your company is the victim of a ransomware attack and you decide you have no choice but to pay the threat actors, can your cyberinsurer or cyberinsurance reinsurer decline to reimburse you if the threat actors you paid are on Treasury’s sanctioned list? Would reimbursing them expose the cyberinsurer or reinsurer to problems with […]
Security Week reports that Japanese electronics giant Casio has revealed that the recent cyberattack was carried out by a ransomware group and confirmed that the incident has resulted in a data breach: Casio said last week that it had detected unauthorized access to its network on October 5. The incident resulted in a system failure and some […]
Settlements were announced by the FTC and state attorneys general yesterday. Only the state settlement involved a monetary penalty because the FTC had no authority to impose penalties in its case. Settlement with the FTC Source: The Federal Trade Commission $52 Million Settlement with States Source: NYS Attorney General’s Office
A new regulation related to cybersecurity program requirements for all New York general hospitals licensed under Article 28 of the Public Health Law (PHL) took effect on October 2, 2024. All general hospitals covered by the regulation must comply with the new provisions within one year of the adoption date, except that general hospitals must […]
Bleeping Computer reports: Comcast Cable Communications and Truist Bank have disclosed they were impacted by a data breach at FBCS, and are now informing their respective customers that their data has been compromised. […] According to a notice submitted to the Maine authorities, 273,703 Comcast customers were impacted by the breach. “FBCS’s investigation discovered that files downloaded […]
The Record reports: Wayne County, Michigan is dealing with a cyberattack that has shut down all government websites and limited the operations of several offices. Home to Detroit, the county is the largest in the state with more than 1.75 million residents. County spokesperson Doda Lulgjuraj told Recorded Future News that the investigation into the […]
Operation Cronos revealed more arrests, sanctions, and disruption of the LockBit ransomware operation. Help Net Security reports: The third phase of Operation Cronos, which involved officers from the UK National Crime Agency (NCA), the FBI, Europol and other law enforcement agencies, has resulted in the arrest of four persons for allegedly participating in the LockBit […]
