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Former Acting DHS Secretary Chad Wolf: Most likely response from Iran is through cyberattacks
CNBC Television· 2025-06-23 00:04
All right, joining us now to broaden this out, Michael O'Hanlin, director of research for foreign policy at Brookings. We also have Chad Wolf, executive VP at the America First Policy Institute and former acting secretary for Homeland Security in the first Trump administration. Chad, we're guessing here.We understand that nobody actually knows what's going to happen. Uh, what would you ascribe as various outcomes on the Iranian side from here. Well, I think as it relates to the homeland, I think DHS is doin ...
Report that UnitedHealth secretly paid nursing homes to cut hospital transfers sees stock plunge
New York Post· 2025-05-21 17:29
Core Viewpoint - UnitedHealth's shares fell over 4% following allegations of secret payments to nursing homes to reduce hospital transfers, which have raised concerns about the company's practices and overall health [1][4]. Group 1: Allegations and Impact - The Guardian reported that UnitedHealth made secret payments to nursing homes, which saved the company millions but potentially jeopardized residents' health [1][4]. - These allegations are part of a series of negative events for UnitedHealth, including a significant cyberattack, investigations into Medicare fraud, and the recent departure of CEO Andrew Witty [2][4]. Group 2: Stock Performance - UnitedHealth's shares have declined over 39% this year, contrasting with a mere 0.6% decrease in the Dow [4]. - HSBC downgraded UnitedHealth's stock from "hold" to "reduce" and set a price target of $270, citing concerns over rising medical costs and potential Medicaid funding cuts [6]. Group 3: Leadership Changes - Stephen Hemsley has returned as CEO to navigate the company through its current challenges, with expectations that his experience will help restore credibility [6][8]. - Analysts believe Hemsley possesses the necessary leadership attributes to stabilize the company [7].
Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques
Globenewswire· 2025-04-28 13:00
Core Insights - The 2025 Global Threat Landscape Report from FortiGuard Labs indicates a significant rise in Cybercrime-as-a-Service on the darknet, leading to a booming market for credentials, exploits, and access [1][2] Group 1: Cybercrime Trends - Automated scanning has reached record highs, with a 16.7% year-over-year increase in 2024, resulting in 36,000 scans per second globally [3] - Darknet marketplaces have become sophisticated, with a 39% increase in new vulnerabilities added to the National Vulnerability Database, totaling over 40,000 in 2024 [3] - AI is being leveraged by cybercriminals to enhance phishing attacks and evade security measures, with tools like FraudGPT and BlackmailerV3 becoming more prevalent [3] Group 2: Targeted Sectors - Critical sectors such as manufacturing (17%), business services (11%), and healthcare are experiencing a surge in tailored cyberattacks, with the United States being the most targeted country at 61% [3] - Cloud security risks are escalating, with 70% of incidents involving logins from unfamiliar geographies, emphasizing the need for identity monitoring [3] Group 3: Credential Theft - Over 100 billion compromised records were shared on underground forums in 2024, marking a 42% increase, largely due to the rise of "combo lists" containing stolen credentials [3] - Prominent cybercriminal groups like BestCombo and ValidMail are actively lowering the barrier to entry for cybercrime by packaging and validating stolen credentials [3] Group 4: Recommendations for Cybersecurity - The report provides actionable insights for CISOs, emphasizing the need for a proactive, intelligence-led defense strategy that incorporates AI and continuous threat exposure management [4][5] - Strategies include continuous attack surface management, real-world emulation of adversary behavior, and leveraging dark web intelligence to preemptively mitigate threats [8]
Why DaVita Stock Got Rocked This Week
The Motley Fool· 2025-04-18 22:13
Core Viewpoint - DaVita experienced a ransomware attack, leading to a 10% decline in its stock price, causing investor concern due to the uncertainty surrounding the incident [1][5]. Group 1: Incident Details - DaVita disclosed the ransomware attack in a regulatory filing, stating it occurred on April 12, and activated its response protocols immediately [2]. - The company implemented containment measures to limit damage, including isolating targeted systems [2]. - DaVita emphasized that patient care continued without interruption, although some operations were impacted [3]. Group 2: Ongoing Response and Investigation - The company is conducting an investigation into the attack, with the full scope and impact on operations still unknown [4]. - Uncertainty regarding the attackers, ransom demands, and the overall effect on DaVita's operations has led to investor apprehension [5].