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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

Avaya Holdings , Check Point Software Technologies , and Mimecast Limited each minimized or obscured the extent of security breaches linked to the SolarWinds Orion hack, impacting investor trust and highlighting the critical importance of clear, truthful communication. SEC investigators gathered evidence that Unisys Corp.,

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Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

Krebs on Security

federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. government, they still can be fined either way, said Ginger Faulk , a partner in the Washington, D.C. Image: Shutterstock. jurisdiction) and making it a crime to transact with them.

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Riding the State Unemployment Fraud ‘Wave’

Krebs on Security

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. Meanwhile, a number of U.S.

Insurance 355
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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

” PIONEER KITTEN operations leverage on SSH tunneling, through open-source tools such as Ngrok, they also used the custom tool SSHMinion to communication with malware deployed in the target networks. ” continues the report. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

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The Riviera Beach City pays $600,000 in ransom

Security Affairs

The email system was disabled, employees and vendors were paid by check rather than direct deposit, the communications went down, 911 dispatchers being unable to accept calls even if the service continues to operate. “The payment is being covered by insurance.” ” continues the AP.

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DORA Compliance Strategy for Business Leaders

Security Affairs

In January 2025, European financial and insurance institutions, their business partners and providers, must comply with DORA. In January 2025, financial and insurance institutions in Europe and any organizations that do business with them must comply with the Digital Operation Resilience Act, also known as DORA.

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Experts: Breach at IT Outsourcing Giant Wipro

Krebs on Security

The security experts said Wipro’s customers traced malicious and suspicious network reconnaissance activity back to partner systems that were communicating directly with Wipro’s network. 10 from Vipin Nair , Wipro’s head of communications. On April 9, KrebsOnSecurity reached out to Wipro for comment.

IT 279