This week members of Congress agreed that ransomware is closing in on new guidance for the healthcare industry, a recent survey claims that 3 out of 5 traveling executives need to log on abroad pose a cyber-security risk to their organization and another major acquisition took place in the Anti-Virus space with Avast’s acquisition of AVG.

Highlighting the cyber-security news from the past week in a 120 sec. read. Starting now.

Healthcare Guidance

Congress is getting involved in the current ransomware epidemic and looking to protect potential victims by requiring a new HIPPA guidance of ransomware.

why is this signficant?

  • Currently, according to the HIPAA regulation, every healthcare related breach is to be reported to HHS, whether the breach was related to a stolen laptop, an accidental email being sent to the incorrect recipient, but ransomware has been in a grey zone when it comes to reporting.
  • Congress has begun to recognize that ransomware could possibly impose a threat to patient safety.  Congress are recognizing the potential impact and have started to blend ransomware to fall under the HIPAA notification law.  Although, ransomware is recognized as a conventional breach, it is still a “different” type of breach and should be treated differently, says Congress.
  • Apparently, there have been some high profile ransomware hitting healthcare that were not reported due to industry confusion on whether ransomware was within the HIPAA law.  Ransomware paralyses those same healthcare systems that enable the hospital/clinic to treat patients.

Read the full story on Bank Info Security

The Risks of Travel

A new survey reveals that 59% of people in senior roles try to log on as quickly as possible when arriving to their overseas destination.

why is this signficant?

  • Executives in senior roles, have more of a demand and and expectation to stay connected. Employees travelling abroad, increases the need of the traveler to accept any security risks that may be tagged on to simply connecting their device.  "The research also found that 47 percent think that employers, if they send staff overseas, must accept any security risks that go with it” At the end of the day, ultimately putting the organization at risk.
  • Traveling creates delayed email responses from top executives, which causes a demand for an executive to log in as soon as they can, usually when reaching a hotel. This isn’t the first that we have heard about an instance such as this.  In 2014, DarkHotel’s targeted cyber attacks were exposed.  The devices of businessmen and women were being infiltrated through the WiFi networks belonging to a hotels across the world.
  • This type of cyber security threat could stretch out to nation-state attacks that are investing in threat actors to prey on corporate leaders and steal IP’s, as well as successful business models.
  • Employees need to work wherever and whenever to make a business successful – regardless of whether they are traveling or logged in through the company VPN.

/**Learn how enSilo protects your employees on premises and on the road **/

Read the full story on SCMagazine

Industry News

Avast purchased AVG antivirus company for $1.3B.

why is this signficant?

  • Last month, another anti-virus company, Blue Coat was acquired by Symantec for $4.65B and has bumped Symantec’s stock for the month of June by 18.3%.  This sends a wave through the cyber-security world as anti-virus companies are struggling to get back on the wave and address the changing threatscape.

Read the full story on Tech Crunch