All GRC World Forums articles in October 2021 – Page 10
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News
Research reveals rise in supply chain cybersecurity breaches
Vendor risk visibility and continuous third-party monitoring remains concerningly low despite heightened awareness of the risk and substantial budget increases to tackle the problem
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Video
GRC TV: The World’s Greatest Money Laundering Scheme: An interview with Casey Michel on American Kleptocracy
Access this episode on demand, as we delve into The World’s Greatest Money Laundering Scheme: An interview with Casey Michel on American Kleptocracy.
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News
Botner herder controlled 100K machines to launch DDoS
The Security Service of Ukraine (SSU) has arrested a hacker who created and administered a powerful botnot - an automated network of more than 100,000 fake accounts.
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News
Ransomware “the most immediate danger” to UK businesses, NCSC warns
Cyber-criminals based in Russia are those responsible for most of the “devastating” ransomware attacks against the UK, says the head of the National Cyber Security Centre (NCSC).
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News
Europol shuts down network selling fake financial services
Law enforcement and judicial authorities from Bulgaria, Cyprus, Germany, the Netherlands and Ukraine, supported by Europol and Eurojust, teamed up against an organised crime group involved in binary fraud.
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News
Hacker deletes 69K hospital patient files
San Juan Regional Medical Center in Farmington, New Mexico has begun notifying nearly 69,000 patients about a malware attack that exposed their personal health information.
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News
Phishing scams via SMS on the rise
A new financial crime report has discovered a rise in phishing scams conducted via text message, an act known as smishing.
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News
MFA described as “must-have” by insurers
US cyber-insurers are increasing premiums and lowering coverage limits, making it next to impossible to secure their 2021 coverage at 2020 rates, according to new research.
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News
Pacific City Bank confirms ransomware attack
Pacific City Bank, one of the largest Korean-American community banking service providers in America has confirmed that it was the victim of a ransomware attack.
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News
FTC urged to enforce child privacy laws
U.S. Senators have wrote to the Federal Trade Commission (FTC) asking them to enforce new child child protection measures.
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News
BrewDog exposes PII of 200K shareholders
A token authentication error has led to the details of hundreds of thousands of BrewDog’s customers and ‘Equity for Punks’ shareholders exposed for the best part of 18 months.
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News
Biden administration mulls executive order on crypto oversight
In an effort to tighten regulations on cryptocurrencies, the Biden administration is considering an executive order on the new asset class.
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News
Number of data breaches in 2021 surpasses all of 2020
The number of data breach victims dramatically increased in Q3 2021 due to a series of data exposures during the quarter, according to the Identity Theft Resource Center (ITRC).
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News
COVID-19 sparks upward trend in cybercrime
New Europol’s 2020 cybercrime report updates on the latest trends and the current impact of cybercrime within the EU and beyond.
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News
VAT fraud with cash registers uncovered in Germany
More than 300 Italian restaurants in Germany reportedly used manipulated cash registers to avoid taxes.
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News
US announces national cryptocurrency enforcement team
The United States Department of Justice (DOJ) has created a new task force to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency.
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News
ICO comments on UK’s data reform
The UK Information Commmissioner’s Office (ICO) has responded to the Department for Digital, Culture. Media & Sport consultation: “Data: a new direction.”
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Webinar
Third-Party Risk Management: Best Practices for an Effective and Efficient Program
Your organization likely has some means for managing third-party risk, but you probably suspect that there remain untapped opportunities to incrementally improve your program.
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News
US government to sue contractors who don’t report a breach
The US Department of Justice has announced that under the new Civil Cyber-Fraud Initiative, government contractors will be held accountable in civil court if they don’t report a breach.
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News
Twitch confirms data breach
Live streaming gaming platform Twitch has announced that it has become the victim of a data leak, exposing streamers’ earnings and confidential company information.