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DNA Diagnostic Center fined $400,000 for 2021 data breach

DNA Diagnostics Center, a DNA testing company, will pay a penalty of $400,000 to the attorneys general of Pennsylvania and Ohio for a data breach in 2021 that affected 2.1 million individuals nationwide, according to a settlement deal with the states’ attorneys general.  The company will also be required to implement improvements to its data security, including updating the asset inventory of its entire network and disabling or removing any assets identified that are not necessary for any legitimate business purpose. To read this article in full, please click here
http://news.poseidon-us.com/Sjld9j

Why CISOs change jobs

Being a CISO is a hard job. You must constantly balance business, technology, and regulatory requirements against things like employee and adversary behavior. You can be a superstar, build a world-class cybersecurity program, and follow best practices, providing exceptional protection for the organization. Despite this excellence, a single employee can click on a malicious web link, share a password, or misconfigure an asset, leading directly to a successful cyberattack. When this happens, it’s your fault. Yup, CISOs have heavy responsibilities. How are they dealing with this burden? Not very well, according to research from ESG and the information systems security association (ISSA). The data reveal that 57% of cybersecurity professionals believe their organization’s CISO is only somewhat effective, not very effective, or not at all effective. To read this article in full, please click here
http://news.poseidon-us.com/SjlPpQ

GoDaddy connects a slew of past attacks to a multi-year hacking campaign

Web hosting and infrastructure provider GoDaddy said it suspects a recent attack on its infrastructure in December 2022 may be connected to a series of incidents the business has been experiencing since 2020. The attack involved an unauthorized third-party gaining access to and installing malware on GoDaddy’s cPanel hosting servers, the company disclosed in an SEC filing. The company only discovered the security breach following customer reports in early December 2022 that their sites were being used to redirect to random domains. “Based on our investigation, we believe these incidents are part of a multi-year campaign by a sophisticated threat actor group that, among other things, installed malware on our systems and obtained pieces of code related to some services within GoDaddy,” the filing added. To read this article in full, please click here
http://news.poseidon-us.com/SjhkZ2

7 reasons to avoid investing in cyber insurance

With cyberattacks rising at an alarming rate around the world, cyber insurance has become an increasingly popular layer of protection for businesses across all sectors. However, despite its clear appeal as a means of supporting and augmenting cyber risk management, insurance might not be the right fit for all companies in every circumstance. In fact, there are compelling reasons why some might be advised to avoid, delay, or at least seriously reconsider buying or renewing a policy —increasing costs, stringent requirements, coverage limitations, and general complexities are but a few. To read this article in full, please click here
http://news.poseidon-us.com/SjhXLH

Healthcare data breaches still higher than pre-pandemic levels

The number of data breaches affecting healthcare providers declined in the second half of 2022, consistent with a downward trend over the past two years, according to Critical Insight. Healthcare industry sees a decrease in data breaches A deeper dive into the data reveals that current breach totals are still higher than pre-pandemic levels; breaches are affecting more individuals; and hackers are shifting tactics to attack weak links in the healthcare system supply chain, most … More → The post Healthcare data breaches still higher than pre-pandemic levels appeared first on Help Net Security.
http://news.poseidon-us.com/Sjgx6k