- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2023-06-30T15:28:00
More than 130 organizations are believed to have been impacted by the MOVEit hack, with millions of people’s data at risk.
The widespread cyber incident, which is being tracked on Twitter by Brett Callow, threat analyst at software company Emisoft, has spread to the United States, with the Department of Health and Human Services and law firms Kirkland & Ellis and K&L Gates among those reportedly exposed.
The latest updates follow Russian cyberhacker group Clop’s well-publicized claim earlier this month it hacked into a piece of software called MOVEit that businesses use to transfer data files securely both internally and externally.
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The Federal Reserve listed the proliferation of generative artificial intelligence tools among areas of emerging cybersecurity threats for banks to monitor as part of its annual resilience report.
Sen. Ron Wyden (D-Ore.) is calling on federal agencies to hold Microsoft accountable for “negligent cybersecurity practices” that played part in a Chinese hacking campaign that targeted U.S. government email addresses.
The global average cost of a data breach reached a new all-time high of $4.45 million in 2023, according to IBM’s annual report.
The massive cyberattack on Change Healthcare has potentially compromised the personal and protected health information of an untold number of Americans, according to parent company UnitedHealth Group.
AT&T said personal account data on approximately 73 million current and former customers was released on the dark web two weeks ago but has not yet identified when and where the breach occurred.
When organizations move their data or operations to the cloud, the compliance team has their work cut out and then some, experts discussed at CW’s Cyber Risk & Data Privacy Summit.
