Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told Bloomberg News Wednesday (May 8). Since late last month, Scattered Spider has targeted 29 companies...
UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. Testifying before the Senate Finance Committee Wednesday (May 1), Andrew Witty said the company has not yet determined why its computer systems were left open to a ransomware gang that...
UnitedHealth Group CEO Andrew Witty will testify Wednesday (May 1) that hackers broke into its Change Healthcare unit’s systems through the Citrix portal. “On February 12, criminals used compromised credentials to remotely access a Change Healthcare Citrix portal, an application used to enable remote access to desktops,” Witty said in testimony posted...
Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks on Feb. 12, using compromised credentials on an application that allows staff to remotely access systems, The Wall Street Journal...
April 16, 2024
The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left open for bad actors and cyber adversaries to walk through as they see fit. Just take, for example, Monday’s (April 15) news that a ransomware […]
March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats,...
September 05, 2023
Michael Jabbara, vice president and global head of fraud services at Visa, told PYMNTS the fraud game is changing. Up until recently, he said, “you needed to have a certain...
March 14, 2023
The year 2022 was one of the most tumultuous in the cryptocurrency industry’s brief history. It was a record year for another reason, too, as illicit crypto transactions hit a...
May 09, 2024
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security Advisor for Cyber and Emerging Technology Anne Neuberger said Thursday (May 9) at the Bloomberg Tech Summit that the administration plans to issue a notice of proposed […]
May 08, 2024
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told...
May 01, 2024
UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. Testifying before the Senate Finance Committee Wednesday (May 1), Andrew Witty said the company has...
April 29, 2024
UnitedHealth Group CEO Andrew Witty will testify Wednesday (May 1) that hackers broke into its Change Healthcare unit’s systems through the Citrix portal. “On February 12, criminals used compromised credentials to remotely access a Change...
