In the latest weekly update, four editors at Information Security Media Group discuss key takeaways from ISMG's recent Government Summit, how hackers siphoned nearly $200 million from cryptocurrency bridge Nomad and how midsized businesses are the new frontier for ransomware.
Behavioral Intelligence at Scale can help businesses prevent account creation fraud and improve CX for trusted users. But not every business has access to the volume of data required to provide that scale.
As ransomware attacks continue to pummel organizations, Rapid7 Chief Scientist Raj Samani says victims must identify how the attacker broke in and if they've given themselves persistent ways to regain access. Otherwise, he says, "They'll hit you again and again."
John Kindervag, creator of zero trust and senior vice president at ON2IT, and Grant Schneider, senior director at Venable, join ISMG editors to discuss the latest Log 4j findings, threats posed by a Chinese-made automotive GPS tracker and the challenges of a distributed workforce.
In his role as CISO of intelliflo, veteran leader John Rouffas manages cybersecurity, risk and privacy - all in one role. And in doing so, he says, "I like to fly by the seat of my pants a bit." He explains his unique approach to leadership and mentoring.
As CISO of Edward-Elmhurst Health, Shefali Mookencherry consistently works at the intersection of cybersecurity and privacy. "Privacy tells us why," she says, "and security tells us how." She discusses her role and the inherent challenges it poses to her.
Cybersecurity practitioners have gained the attention of corporate boards, but that attention must be converted into momentum, says Glen Hymers, head of data privacy and compliance at the U.K. Cabinet Office. He advises discussing risk in the context of what competitors and peers have achieved.
The US Consumer Financial Protection Bureau reportedly plans to release new guidance requiring banks to reimburse consumers for certain money-transfer service scams. Ken Palla, former director at Union Bank, says banks might look to the U.K. for examples of how to stop authorized push payment fraud.
Lisa Sotto of Hunton Andrews Kurth LLP joins three ISMG editors to discuss important cybersecurity and privacy issues, including data breach preparedness, the evolution of LockBit 3.0 and the potential impact of the Cyber Incident Reporting for Critical Infrastructure Act of 2022.
Exploring new ways to offer security as a service from his organization to external customers is an exciting challenge and opportunity, says Sean Mack, CIO and CISO of publishing company Wiley. He also discusses aligning security investments with the company's biggest business risks and goals.