Tag cybersecurity

A Critical Examination of SOC 2 Audits: Their Limitations in Preventing Cybersecurity Breaches – Advisor Perspectives

The Limitations of SOC2 Audits in Preventing Cybersecurity Breaches: A Critical Analysis In recent discussions surrounding cybersecurity, there has been growing scrutiny about the effectiveness of SOC2 audits in safeguarding sensitive data from breaches. While SOC2 compliance is often seen as a benchmark of trustworthiness for service organizations, critics assert…

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Can Ransom Payments Be Recovered? An In-Depth Examination of Cybercrime and Law Enforcement Strategies

The challenge surrounding the recovery of ransom payments made to cybercriminals has become increasingly complex, particularly following the recent arrest of Rostislav Panev. Apprehended by Interpol in Israel, Panev is connected to the notorious LockBit ransomware group that has exploited numerous targets globally. Notably, the U.S. Department of Justice alleges…

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Top 7 Cybersecurity Headlines of 2024

This year has witnessed a significant surge in cybersecurity incidents, with numerous breaches, attacks, and operational failures capturing global headlines. Among these, select events stand out for their profound implications, potentially altering protective measures within the industry, challenging vendors to bolster the security of customer systems, and prompting security leaders…

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Understanding Ransomware Impersonation and Its Effects on Data Networks

Ransomware impersonation represents a significant cybersecurity threat in which cybercriminals pose as legitimate entities to extort money from their victims. Utilizing various tactics including phishing emails, telephone scams, and social engineering, attackers trick targets into believing they are engaging with trusted organizations or individuals. Once the victim is deceived, malware—specifically…

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Edelson Lechtzin LLP Investigating Potential Data Breach Involving Ascension Health Customers

Data Breach Investigation Launched at Ascension Health On December 22, 2024, the law firm Edelson Lechtzin LLP announced its investigation into potential data privacy violations associated with Ascension Health, a major non-profit healthcare system operating under Catholic principles. The investigation follows the detection of unauthorized activity within Ascension’s computer systems,…

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Rapido Data Breach: User and Driver Data Compromised Through Insecure Feedback Form

Rapido, a leading ride-hailing service in India, has recently remedied a security flaw in its feedback collection system that led to the unintended exposure of personal information for both users and drivers. This vulnerability was identified by cybersecurity researcher Renganathan P, who reported that an API associated with the feedback…

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Managing AI Risks: Key Strategies for Compliance and Security

As we approach the new year, organizations are grappling with mounting challenges related to governance, security, and regulatory compliance, particularly in light of the rapid adoption of artificial intelligence (AI). In this evolving landscape, Henry Umney, Managing Director of GRC Strategy at Mitratech, a prominent compliance technology provider utilized by…

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Federal Cyber Operations Would Be Impacted by Government Shutdown

Potential Government Shutdown May Result in Furloughs for Thousands of Federal Cybersecurity Personnel Chris Riotta (@chrisriotta) • December 20, 2024 The U.S. Congress has until midnight to ensure continuous functioning of the federal government. (Image: Shutterstock) The impending government shutdown poses significant risks to federal cybersecurity operations, potentially leading to…

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