Petya or NotPetya – How It Spreads And What To Do About It

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Petya or NotPetya That Is The Question

Actually, this latest ransomware outbreak is not Petya. The malware appears to share a significant amount of code with an older piece of ransomware that really was called Petya, but after the outbreak started, security researchers noticed that “the superficial resemblance is only skin deep”.
Researchers at Russia’s Kaspersky Lab redubbed the malware NotPetya, and then folks played the name game and variation like Petna, Pneytna began to spread as a result. As if that didn’t ...

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Everything You Need To Know About WannaCry – Right Now

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What is WannaCry?

WannaCrypt, aka WanaCrypt0r 2.0, WannaCry and WCry, is a new ransomware that hit over 74 countries in the last 24 hours, which spreads like a worm by leveraging a Windows vulnerability (MS17-010) that has been previously fixed by Microsoft in March of this year.  WannaCry is a form of “ransomware” that locks up the files on your computer and encrypts them in a way that makes them unavailable to you anymore.

The express train speed with ...

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3 of 4 Companies Experience Internal Information Security Incidents

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Insider hacking

How much do you trust your employees? Would you bet your company on it?

Wiling to beyCostly cyberattacks are now almost routine for businesses, but while many organizations are focusing on external attackers, its important to also look at threats from within. According to the IT Security Risks Survey conducted by Kaspersky Lab and B2B International, 73% of companies have been affected by ...

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Hackers Steal Trading Algorithms From Hedge Funds

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Password Sharing And Reuse Prevalent In Enterprise: STUDY

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According to a recent survey from SailPoint Technologies ,the high percentage of password reuse and sharing by employees leaves enterprises vulnerable to breaches.

Employees are significantly increasing the risk of enterprise security breaches with reckless password activity — and the proper password governance to stop it is lacking, according to a recent survey from identity governance company SailPoint Technologies.

Password protectionVanson Bourne, a U.K.-based technology research firm, interviewed 1,000 office workers in ...

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SEC Publishes Cybersecurity Exam Results – Infographic

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The Office of Compliance Inspections and Examinations (OCIE) National Examination Program staff, recently examined 57 registered broker-dealers and 49 registered investment advisers to better understand how broker-dealers and advisers address the legal, regulatory, and compliance issues associated with
cybersecurity (the “Cybersecurity Examination Initiative” or the “Initiative”).

In the examinations, the staff collected and analyzed information from the selected firms relating to their practices for: identifying risks related to cybersecurity; establishing cybersecurity governance, including policies, procedures, and oversight processes; protecting firm networks ...

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New Cybersecurity Exam Process For New York Banks

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cybersecurity examsSuperintendent of the Department of Financial Services (NYDFS) Benjamin M. Lawsky announced in a memorandum, adding to the banks’ compliance obligations, effective immediately, banks chartered or licensed in New York will now face an updated cybersecurity examination process.   “The Department encourages all institutions to view cybersecurity as an integral aspect of their overall risk management strategy, rather than solely as a subset of information technology,” Lawsky wrote. Additions to ...

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SEC Could Pressure Companies To Tighten CyberSecurity

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SEC data breach reportingThe Securities and Exchange Commission is advancing measures that would require publicly owned companies to disclose more information about their cybersecurity vulnerabilities, including data breaches.

The requirements could put pressure on companies to tighten their own security, because the SEC rules would let the public know how well firms are securing their private information.

On Tuesday, the White House launched a new ...

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SEC Exam Chief Plans Cybersecurity Guidance For Advisors

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SEC Cybersecurity exams

Securities and Exchange Commission Office of Compliance Inspections and Examinations Director Drew Bowden said Wednesday he hopes to publish cybersecurity guidance for financial advisors this year.Rather than provide a list of best practices or rules, the guidance will offer a report on how prepared the financial services industry is on cybersecurity so advisors can compare it to what they are doing, the OCIE chief said.

He noted OCIE has ...

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The Top Healthcare Breaches of 2014 – Infographic

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Learning From Healthcare Beaches 2014

Sure there was the recent Sony breach, & Chick-Fil-A breach, before that Home Depot and countless other breaches of personal information and credit card info.   But the largest health data breaches in the US listed on the federal tally so far demonstrate that security incidents are stemming from a variety of causes, from hacker attacks to missteps by business associates.

The top health care breaches offer important lessons that go beyond the usual message about the importance of encrypting ...

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SEC Cybersecurity Exams