The company said the new equity round was led by L2 Point Management and brings the total raised to $70 million. SimSpace is marketing a so-called “Cyber Force Platform” that provides technology for organizations to stand up pre-defined or customized cyber range simulations that are secure and scalable “SimSpace’s internal threat intelligence teams and partners,…

Financial services firms affected by the mass attack on MOVEit file-sharing software are among the latest to face lawsuits from affected individuals. One such lawsuit, filed against Prudential, wants the firm to pay for 10 years of identity theft monitoring service since stolen Social Security numbers cannot be replaced. So far 998 organizations are known…

“The target is that 100 percent of the most important health facilities have undergone these new exercises by May 2023,” the interior, health and digital services ministers announced in a joint statement. Further effort will be made to spread best-practice throughout French hospitals in “the reactions and practices to adopt in case of a cyber…

I’ve written about both topics from many angles and now, as the industry becomes more focused on automation as a cornerstone of effective security, the secret to making meaningful progress in both areas is to leverage the symbiotic relationship between them. In other words, using automation to make your people more efficient, and using your…

A type of cyberattack targeting applications or websites, denial-of-service (DoS) attacks aim to exhaust the target system’s resources to render it inaccessible to legitimate users. DDoS attacks may target server vulnerabilities to overload network resources or to consume these resources through the reflection of a high volume of network traffic to the target, or may…

The company says it has detected unusual activity and decided to ‘reset’ its network and systems as a precaution. It shut down all external connectivity, including its delegated authority platforms, in response to the incident. “Following the unusual activity detected on Lloyd’s network, our precautionary work to secure systems has been completed overnight,” a Lloyd’s…

The LockerGoga ransomware has been around since at least 2019, when it was used in attacks targeting several industrial organizations, including Norwegian metals and energy giant Norsk Hydro and US-based chemical companies Hexion and Momentive. The individual who operated LockerGoga is believed to be part of a cybercrime ring that also used the MegaCortex ransomware…

On July 15, 2022, threat actors working on behalf of the government of Iran launched a destructive attack targeting the Albanian government’s websites and public services, taking them offline. The attack had less than 10% total impact on the customer environment. The campaign consisted of four different stages, with different actors responsible for every one…