As we approach 2025, the landscape of generative AI and emerging technologies is significantly transforming business operations. This evolution introduces various measures for organizations to bolster their security, yet it simultaneously escalates the risk of cyber incidents. The rapid advancement of cyber attackers presents significant challenges that companies will need…
Inmediata Health Group Faces $2.7 Million in Fines Following 2019 HIPAA Breach Inmediata Health Group, a healthcare clearinghouse based in Puerto Rico, is reeling from the financial repercussions of a substantial data breach that compromised the personal health information (PHI) of approximately 1.6 million patients. Following violations of the Health…
Moody’s, the renowned global financial services and credit ratings agency, has released a report shedding light on a concerning trend in cybersecurity: an escalation of hacking groups targeting large corporations for substantial ransom payments. These attackers often leverage vulnerabilities within the supply chain to maximize their financial gain. The data…
Cybercrime, Fraud Management & Cybercrime, Incident & Breach Response Publicly Traded Firm Reports Significant Cybersecurity Incident to U.S. Regulators David Perera (@daveperera) • December 11, 2024 The neon sign at one of the oldest Krispy Kreme donut shops in Chattanooga, Tennessee, photographed in June 2023. (Image: Shutterstock) Krispy Kreme, the…
Cloud Security , Finance & Banking , Industry Specific Report Highlights Financial Sector’s Shift to Multi-Cloud Solutions Amid Cyber Threats and Regulatory Changes Chris Riotta (@chrisriotta) • December 10, 2024 Financial institutions are increasingly adopting multi-cloud approaches to enhance resiliency and meet regulatory requirements in light of escalating…
Governance & Risk Management, Remote Workforce, Zero Trust Citrix Enhances Zero Trust Framework with Strategic Acquisitions in Developer Security Michael Novinson (MichaelNovinson) • December 10, 2024 Citrix has expanded its zero-trust security framework through the acquisition of two European startups, deviceTrust and Strong Network. This strategic move aims to enhance…
Recent sightings of large, unidentified flying objects in New Jersey, particularly in rural areas, have ignited speculation among residents and officials alike. Witnesses have reported these objects, described as being about the size of cars, causing significant disruptions to electronic devices, including GPS systems and clocks. This raises concerns about…
Cybersecurity Landscape of 2024: A Year of Significant Breaches and Evolving Threats The cybersecurity domain has faced unprecedented challenges in 2024, marked by an array of significant data breaches and attacks that have reshaped the threat landscape. From record-breaking ransomware payouts to complex nation-state aggressions, the repercussions of these incidents…
Artivion Reveals Ransomware Attack Disrupting Operations in Heart Surgery Product Manufacturing Artivion, a prominent manufacturer of heart surgery devices, has disclosed a ransomware attack in a recent 8-K filing with the U.S. Securities and Exchange Commission (SEC). The cyber incident, which unfolded on November 21, 2024, has significantly disrupted the…
