Results for wannacry

Business and Technology | Industry Trends

Executive Insights: Changing Cybersecurity Regulations that Global Financial Services Firms Need to Know About

Globally operating financial services firms have to be aware of new cybersecurity regulations and how they affect their business in order to navigate data rules and remain compliant, especially as they conduct business across borders. Compliance is especially crucial as the punishments for noncompliance typically include large fines. Below are some of the most recent implemented or proposed cybersecurity regulations that will affect financial services firms.

By Drew Del MattoDecember 05, 2017

Threat Research

Fortinet Quarterly Threat Landscape Report: The Battle Against Cybercrime Continues to Escalate

Fortinet today announced the findings of its latest Global Threat Landscape Report. The research reveals that high botnet reoccurrence rates and an increase of automated malware demonstrate that cybercriminals are leveraging common exploits combined with automated attack methods at unprecedented speed and scale.

By Anthony GiandomenicoNovember 28, 2017

Industry Trends

Executive Insights: Stopping Threats Starts with Getting Back to the Basics

The majority of these breaches have one thing in common. IT teams are failing to practice basic security hygiene. Cybercriminals target known vulnerabilities because they know that most organizations will have failed to patch or replace their vulnerable devices. WannaCry targeted a vulnerability for which a patch had been available for months. Shame on them. But Petya followed a month later and targeted the exact same vulnerability. And millions of devices were still affected. So, shame on us.

By John MaddisonNovember 15, 2017

Industry Trends

Minimizing Cyber Risks as Healthcare Providers Increase Technology Use

The healthcare sector has undergone dramatic changes in the past several years, primarily spurred by the adoption of new medical technology. Beginning with the adoption of electronic health records (EHRs) and continuing on into the increased use of medical applications, online patient portals, connected devices, and wearables, the healthcare sector has been capitalizing on digital advancements to improve overall patient experiences and outcomes. This effort has been well received by patients and physicians alike, as it simplifies communication...

By Susan BiddleOctober 13, 2017

Business and Technology | Industry Trends

Cybersecurity Needs to be Seen as a Strategic Issue, Not Just an IT Investment

Surveying over 1,800 IT decision makers, Fortinet found almost half believe security is still not a top priority discussion for the board. At the same time, they also strongly contend that cybersecurity should become a top management priority, with 77% of respondents indicating that the board should put IT security under greater scrutiny.

By Patrice PercheOctober 09, 2017

Industry Trends

Cybercrime: Opportunity is Also the Land of Innovation

In part one of this article, Anthony Giandomenico described how cybercrime has become not only a business, but a big business, designed to generate revenue with predesigned attacks focused on attack vectors that are easy to exploit: IoT devices. Opportunity is also the land of innovation...

By Anthony GiandomenicoSeptember 20, 2017

Industry Trends

How Can SMB Practices Improve Healthcare Cybersecurity?

The healthcare sector has been under increasing attack from cybercriminals with a variety of tactics and motivations. In fact, cyberattacks targeting healthcare providers increased 63 percent in 2016. The increased attention cybercriminals are giving the healthcare space is not surprising. The protected health information and other personally identifiable information (PII) that healthcare practices store about their patients is exactly the type of data that is easily monetized. Once cybercriminals breach healthcare networks and exfiltrate patient...

By Susan BiddleSeptember 15, 2017

Threat Research | Industry Trends

We Have Seen the Enemy, and It Is Us

Fortinet just released its Global Threat Landscape Report for Q2. Much of the data it provides is just what you’d expect. For example, FortiGuard Labs detected 184 billion total exploit attempts in Q2 from 6,300 unique and active exploits. Not only is this is an increase of 30% over Q1, with the growth of IoT and Shadownet resources we expect these numbers to continue to rise dramatically. In addition, 7 in 10 organizations experienced high or critical exploits during the quarter. By any measure, these are alarming numbers. 

By Derek MankyAugust 23, 2017

Industry Trends

Executive Insights: WannaCry and Petya: The Circus Comes to Town

By now, you will have all heard about the rampant spread of ransomware through countless press pieces, blog articles, and far too often, the outrageous claims of some security vendors. But let’s stop and think for a minute or two. How did these attacks happen? Are companies focusing on valid threats, fixing the right problems, or developing correct processes? Have so-called disruptive technologies disrupted our thinking? Let’s not go tactical. Instead, we need to consider, “what is our best strategy?” Ever since the...

By Michael XieJuly 06, 2017

Threat Research

New Ransomworm Follows WannaCry Exploits

We are currently tracking a new ransomware variant sweeping across the globe known as Petya. It is currently having an impact on a wide range of industries and organizations, including critical infrastructure such as energy, banking, and transportation systems. This is a new generation of ransomware designed to take advantage of timely exploits. This current version is targeting the same vulnerabilities that we exploited during the recent Wannacry attack this past May. This latest attack, known as Petya, is something we are referring to as...

By Aamir LakhaniJune 27, 2017