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By Neil Hodge2023-06-14T17:50:00
A ransomware attack affecting some of the U.K.’s largest corporations has highlighted once again how exposed organizations can be if the levels of cybersecurity used by their third parties are not as strong as expected.
Russian cyber hacking group Clop admitted it hacked into a piece of software called MOVEit that businesses use to transfer data files securely both internally and externally.
One of the firms targeted was U.K.-based payroll services provider Zellis, which admitted some high-profile clients—including broadcaster BBC, airlines British Airways and Aer Lingus, and pharma retailer Boots—had personal data stolen.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-10-31T17:52:00Z By Kyle Brasseur
SolarWinds will contest a lawsuit brought by the Securities and Exchange Commission against it and its chief information security officer alleging fraud and internal control failures related to the software company’s cyberattack reported in 2020.
2023-06-30T15:28:00Z By Neil Hodge
More than 130 organizations are believed to have been impacted by the MOVEit hack, with millions of people’s data at risk. Experts opine on the struggles businesses face in containing exposure.
2023-06-28T13:18:00Z By Kyle Brasseur
The Australian Prudential and Regulation Authority will require Medibank Private to hold 250 million Australian dollars (U.S. $166 million) in extra capital until the insurer remediates identified cybersecurity weaknesses after a significant data breach.
2024-10-08T14:13:00Z By Jeff Dale
American Water Works Company, which supplies drinking water and wastewater to 14 million customers, disclosed a breach of its computer networks and system due to a cybersecurity incident.
2024-08-01T21:51:00Z By Adrianne Appel
The global average cost of a data breach jumped to an all-time high for the second year in a row, but companies can reel in the ballooning drag on profits by adopting artificial intelligence, according to an IBM report.
2024-06-27T16:37:00Z By Aaron Nicodemus
The U.S. Department of Energy released supply chain cybersecurity principles meant to help strengthen key technologies used to manage and operate electricity, oil, and natural gas systems.
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