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Is Your Internal Control Environment Up to Date?
Assessing the state of your current framework is crucial to ensure its effectiveness.
By
Mary Wisenski
| June 28, 2022
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Risk & Compliance
Brokerages Fined Over Cybersecurity Failures
The SEC says inadequate security at three firms resulted in the information of customers being compromised through email account break-ins.
By
Matthew Heller
| August 30, 2021
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Technology
Hackers in Ransomware Attack Demand $70M
The Russian group REvil has offered to unscramble all computers affected by its massive hack in return for $70 million in cryptocurrency.
By
Matthew Heller
| July 6, 2021
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Technology
U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers
The cryptocurrency was used to pay the ransom in the attack on the Colonial Pipeline system.
By
Lauren Muskett
| June 8, 2021
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Technology
AM Best Warns of ‘Grim’ Future for Cyber Insurers
The increase in cyber losses outstripped rate hikes last year, suggesting "more trouble for 2021 as ransom demands continue to grow."
By
Matthew Heller
| June 7, 2021
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Technology
Sunburst Hack Costs SolarWinds At Least $18M
The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.
By
Matthew Heller
| April 14, 2021
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Risk & Compliance
Cryptocurrency Crime Fell Last Year
A report by CipherTrace finds that losses from cryptocurrency theft fell 57% in 2020.
By
Lauren Muskett
| January 28, 2021
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Technology
Russia Hack Targeted Specific Microsoft Customers
The company says the hackers' malware attack enabled them to select more than 40 customers for "narrower and more focused" measures.
By
Matthew Heller
| December 18, 2020
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Technology
Hack of U.S. Agencies Tied to Software Updates
The hackers appear to have used a "supply-chain attack" to breach the computer systems of federal agencies including the Treasury and Commerce departments.
By
Matthew Heller
| December 15, 2020
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Technology
Nation-State Hackers Breach Cybersecurity Firm
The hack of FireEye "demonstrates that even the most sophisticated companies are vulnerable to cyberattacks."
By
Matthew Heller
| December 9, 2020
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Technology
Ransomware Hackers Hit UHS Hospital Chain
The attack on Universal Health Services left doctors and nurses scrambling to render care, with computers replaced by pen and paper.
By
Matthew Heller
| September 29, 2020
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Technology
Chinese Nationals Charged With Hacking Attacks
“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."
By
Matthew Heller
| September 17, 2020
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Technology
Twitter Bitcoin Hack Caused by Phone-Based Phishing Attack
The attack exploited human vulnerabilities to gain access to its internal systems.
By
Lauren Muskett
| July 31, 2020
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Technology
Cybersecurity Insurer Chubb Hit With Possible Ransomware Attack
The company said it had no evidence the incident affected its own network and remains fully operational.
By
Lauren Muskett
| March 27, 2020
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Technology
Attacked by Ransomware, Many Companies Opt to Pay Up
The demanded ransom is often a moderate amount that would pale in comparison to the recovery and reputational costs for a company that refuses to pay.
By
David McCann
| February 14, 2020
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Technology
Ring Suit Alleges Cameras Vulnerable to Hackers
“Ring does not fulfill its core promise of providing privacy and security for its customers, as its camera systems are fatally flawed,” the suit says.
By
Matthew Heller
| December 27, 2019
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