This Week in Security News

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days.

Below you’ll find a quick recap of topics followed by links to news articles and/or our blog posts providing additional insight. Be sure to check back each Friday for highlights of the goings-on each week!

 

The VENOM Vulnerability was Discovered

Information has been released about the new, unchecked buffer vulnerability called VENOM affecting the open source QEMU virtualization platform which provides virtualization capabilities similar to VMWare or Microsoft’s Hyper-V. 

Russia and China Signed a Pact Agreeing Not to Hit One Another with Cyberattacks

Our Chief Cybersecurity Officer discusses the No Hack Pact between China and Russia, saying it is a natural progression of the economic and military relationships between the countries. 

Of the 13 Bulletins in May Patch Tuesday, 3 Were Critical

This month’s Patch Tuesday release can be considered relatively light with only three Critical bulletins, with the remaining 10 bulletins rated as Important.

Cyberattacks against Health Care Providers have more than Doubled Over the Past 5 Years

The average data breach costs a hospital $2.1 million, a figure that is alarming considering nearly 90 percent of all health-care providers faced a cyber-attack in the past two years.

How Trend Micro is Tackling the New Global Cyber War

Our Chief Technology Officer discusses how Trend Micro is realigning its efforts to encompass a much broader, global scope beyond the enterprise firewall.

The National Data Breach Legislation Faces High Hurdles

Legislation to replace state data security breach notification laws with a national standard made its way through a key House Committee, but not without strong criticism from consumer advocates and industry groups. 

Report shows Cybersecurity is top of mind for Bank Executives

Nearly 90% of the 450 financial firms surveyed plan on increasing their spending in risk management related to cyber security and fraud detection and prevention. 

States are Struggling to Hire Cybersecurity Staff due to Budget Constraints

Federal grants to states typically cap administrative expenses to save money, which includes a state’s cybersecurity expenses. That often leaves them without enough money to cover their IT costs.

There are 60 Days Left of Windows Server 2003

With only two security updates remaining for Microsoft Windows Server 2003, in 62 days there will be no more updates for the server.

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