Hacker group files SEC complaint against its own victim
A notorious ransomware gang has filed a “failure to report” complaint against its own victim to the U.S. Securities and Exchange Commission (SEC) after an alleged breach last week. On its website, ALPHV/BlackCat published screenshots of a filled-out form on the SEC’s “Tips, Complaints,…
Public Company CISOs Beware: The SEC Is No Longer Playing Nice | Woodruff Sawyer
The US SEC has filed fraud charges against SolarWinds and its former CISO, alleging inconsistencies between their public and internal cybersecurity practices. This follows new SEC cyber risk disclosure rules. Businesses must now develop robust incident response, disaster recovery, ransomware preparedness and data protection plans, and regularly audit these with their insurers. Clear communication, trust, […]
10 Uses Cases of Predictive Analytics in Healthcare
Predictive analytics in healthcare provides insights from advanced data analysis to inform future health events and outcomes. Prediction models and machine learning algorithms can identify patterns in health risks, disease emergence, and patient response to treatments. They enable customised treatment plans, early detection of diseases, improved diagnosis accuracy, and efficient resource management. Key uses include […]
Royal Mail spent £10 million recovering from LockBit breach
After a ransomware attack by LockBit earlier this year, the Royal Mail spent £10m on enhancing its cybersecurity measures, leading to an annual increase in infrastructure costs of 5.6%. The company suffered a half-year loss of £319m following the attack, which severely affected its international revenue and saw its overseas delivery service disabled for several […]
Mitigating Cybersecurity Risks in a Hybrid-Work World
The shift towards hybrid working, spurred by the COVID-19 pandemic, has created new opportunities for cybercriminals. This has placed organizations at increased risk of data exposure, system degradation, and service disruption, requiring robust cybersecurity measures. To counter the threats, firms need to define their system’s boundaries, assess risk exposure, implement security controls, undertake third-party assessments, […]
Mitigating Cybersecurity Risks in a Hybrid-Work World
A dramatic shift to a hybrid workforce model has elevated cyber risks for businesses, including data exposure, system degradation and service disruption, largely due to remote working triggered by the pandemic. Businesses need to prioritise cybersecurity, reinforcing data protection measures, restricting remote access, facilitating remote administration and strengthening system boundaries and critical systems. Other strategies […]
FDP rollout should be measured and expectations tempered
The UK’s NHS Confederation is urging caution over the planned launch of the Federated Data Platform (FDP) for the NHS, warning the healthcare service not to repeat past mistakes in digital rollouts. The FDP, which would link the NHS’s disparate datasets, risks raising concerns about data privacy amongst patients. However, successful implementation could reduce waiting […]
40% of organizations have a clear understanding of their AI use
A recent cybersecurity predictions report found that internal audit leaders are most concerned about cyber and data security, with 80% citing it as the top risk for 2024.
Why Do We Pay For so Much Worthless Health Care?
The US could fund expensive advances in medicine like obesity drug Wegovy by eliminating low-value care, which costs around 30% of the annual $3 trillion health spend. This involves unnecessary services, such as unneeded opiates or antipsychotics, or late-life cancer-screening tests. A section of the Affordable Care Act allows the health secretary to stop covering […]
Bots and fraud make up 73% of website and app traffic
A cyber threat report revealed that bots and human fraud farms have launched billions of attacks in the first half of 2023 and continuing into Q3.
