Top news of the week: 18.05.2021.
Threats And Attacks
Elliptic Follows the Bitcoin Ransoms Paid by Colonial Pipeline and Other DarkSide Ransomware Victims
Elliptic identifies the DarkSide Bitcoin wallet used to collect ransomware payments from Colonial Pipeline and other victims - and follows the money
Dept of Health responding to cyber attack since Thursday
The Department of Health has been the victim of a cyber attack similar to the ransomware attack on the Health Service Executive.
Innovations And Trends
Advantages of Cloud Computing In Banking Can’t Be Ignored
Migration to the cloud will allow banks to improve customer experiences, reduce cost and risk, and increase business agility.
Google gives predictions for the future of security
Among other predictions delivered, Google Security VP Royal Hansen says the biggest security challenge in 10 years will be "shifting the focus... to self defending data."
Data Privacy
‘It’s getting worse’: Irish hospital hack exposes EU cyberattack vulnerability
Hackers infiltrated Ireland’s health care system, prompting a shutdown. It’s not the only target.
Data Security & Privacy: a Competitive Differentiator
Given the array of threats and vulnerabilities that persist in modern information technology, data security and privacy have become competitive differentiators in today’s marketplace.
Startups And Investments
Singtel May Sell TrustWave MSSP, Cybersecurity Business
Singapore Telecommunications (Singtel) may sell Trustwave, a Top 250 MSSP, as part of a strategic Trustwave business review, parent company says.
Executive Order on Improving the Nation’s Cybersecurity
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:Section 1.
Companies And Services
Tech audit of Colonial Pipeline found ‘glaring’ problems
BOSTON (AP) — An outside audit three years ago of the major East Coast pipeline company hit by a cyberattack found “atrocious” information management practices and “a patchwork of poorly ...
US government plans to disrupt hackers behind Colonial Pipeline ransomware, Biden says
President Joe Biden has plans to disrupt the hackers behind the Colonial Pipeline ransomware incident, just as it resumes service.
Business And Industries
Top 100 Cybersecurity Startups to Look Out for in 2021
The increase in the intervention of technology in our life has raised the need for cybersecurity solutions. The Top 100 cybersecurity start-ups listed by Analytics Insight have exclusive ...
Industry Reactions to Ransomware Attack on Colonial Pipeline
Industry professionals comment on the highly disruptive ransomware attack that hit Colonial Pipeline, the largest refined products pipeline in the United States.