Tag: supply chain attacks
Synopsys report finds over half of surveyed orgs suffered supply chain attack in 2023
May 16, 2024SSN Staff
SUNNYVALE, Calif. — The majority of global organizations (54%) suffered a software supply chain attack over the past year, and most are unable to keep up with the growing risk landscape according to a report just released by Synopsys.
“The State of Software Supply Chain Security Risk” report, released on 5/16/2024 by Synopsys and the Ponemon Institute also found that 50% of organizations took more than a month to respond to an attack. One in five say that their organization is...
SEC charges SolarWinds, CISO with fraud and internal control failures
October 31, 2023SSN Staff
WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) announced charges against software company SolarWinds and its chief information security officer (CISO), Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities.
A release from the SEC makes note of the complaint which alleges that, from at least its October 2018 initial public offering through at least its December 2020 announcement that it was the target...
Central banks security an uncomfortable unknown as cyberattacks increase
September 14, 2022Ken Showers, Managing Editor
YARMOUTH, Maine – As data breach becomes a daily occurrence across every connected industry, experts look nervously to central bank financial institutions for potential damage to international finance.
On September 14 the Bank for International Settlements (BIS) produced a working paper titled “Cyber risk in central banking” that examines the readiness and stance of those institutions as cyber crime grows. “While there have been several studies and surveys on cyber threats...