The Biden Executive Order was a catalyst for action, with tight delivery times for action, including promotion of SBOM and Zero Trust. The cyber-physical nexus and expanding threat surface mean it’s not easy to maintain vigilance, but recognizing that is the first step.
Effective security and risk programs require not just domain mastery but making security accessible to boards of directors and senior officers, says Karin Höne, the group chief information security and risk officer of South Africa-based multinational Barloworld.
Ronald Raether of Troutman Pepper says privacy, data security and information governance departments must collaborate to reduce unauthorized access to systems by criminals and make data operationalization more effective. He also says proper data mapping, governance and classification are critical.
Publicly traded companies will need to beef up their cybersecurity knowledge since the the U.S. Securities and Exchange Commission is proposing rules and guidelines that would mandate more stringent oversight of cyber risk, says Roger Sels, former vice president of cyber solutions for BlackBerry.
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
The U.S. Department of Justice, together with law enforcement partners in Germany, the Netherlands and the United Kingdom, has dismantled the infrastructure of a massive Russian botnet known as RSOCKS, which hacked millions of computers and other electronic devices around the world.
A bipartisan U.S. proposal for a national privacy law also imposes new cybersecurity regulatory mandates onto the private sector. The inclusion of a data security section in draft privacy legislation shows the Washington consensus for voluntary industry measures is wearing thin.
The U.S. Department of Defense is seeking attorneys who are cybersecurity subject matter experts and can embed inside each agency and work closely with each other, says Lt. Col. Kurt Sanger, an attorney and deputy staff judge advocate of U.S. Cyber Command.
How can companies make their cybersecurity posture more transparent to stakeholders? That's a question being asked by both boards of directors and potential investors, says Stephen Boyer, founder and CTO of BitSight. He discusses the impact of new regulations and guidance from agencies.
The Nigerian Police Special Fraud Unit says it busted a criminal syndicate, preventing cyberattacks against at least 10 banks in the country. The alleged mastermind was caught by the police, along with two alleged gang members, and another alleged member absconded, the police say.
Software bills of material, or SBOMs, are still "years away" from being ubiquitous, says Grant Schneider, senior director for cybersecurity services at Venable. He says it will take time for them to catch on, and a set of standards and other critical components for industry need to be defined.
In an organization, people are the ones who develop and sustain organizational strategy. Talented people are discovering that it's possible to leave a toxic environment so they can breathe and thrive. Marco Túlio Moraes explores how to retain both talent and strategy.
SSNDOB, a darknet marketplace selling stolen Social Security numbers and birthdates, has been shut down, says the U.S. Department of Justice. The takedown was the result of a multiagency effort involving the IRS-CI, the FBI, the DOJ, and law enforcement agencies of Cyprus and Latvia.
In the wake of digital transformation and President Biden's 2021 cybersecurity executive order, an entire industry has sprung up around the concept of Zero Trust. John Kindervag, the researcher who created the architecture, weighs in on how the discussion has evolved.