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CFO: New Securities and Exchange Commission (SEC) rules requiring the disclosure of processes for identifying material cyber risks — and management’s role and expertise in assessing and managing the risks — may require CFOs to hit the books.
Investing.com: European companies, including Airbus SE and Deutsche Telekom AG, have endorsed the European Union Agency for Cybersecurity's (ENISA) proposal for stricter cybersecurity regulations.
Yahoo Finance: Australia will undertake an economy-wide revamp of its cybersecurity protections including revised data laws, mandatory reporting and a new nationwide cyber council in response to several significant hacks targeting businesses and infrastructure over the past year.
Forbes: If you take a look at the headlines surrounding the impact of artificial intelligence (AI) on cybersecurity, there are two dominant themes.
Bleeping Computer: The former chief operating officer of a cybersecurity company has pleaded guilty to hacking two hospitals, part of the Gwinnett Medical Center (GMC), in June 2021 to boost his company's business.
TechCrunch: The Ukrainian government has fired two of its most senior cybersecurity officials following accusations of alleged embezzlement.
The Target: Investment management firm Ellington Management Group L.L.C.
The Take: Ellington determined that the following general categories of information may have been involved in the incident but are not relevant to every individual impacted: name, date of birth, Social Security number, medical information, and driver’s license number. In only three instances, non-Ellington financial account information may have been impacted.
The Vector: Ellington’s investigation determined that between July 18, 2023 and August 8, 2023, an unauthorized actor had access to a single Ellington email account for the demonstrated purpose of sending phishing emails. Ellington analyzed the email account and did not find any evidence of any data being downloaded, emails being forwarded, or the account being synced to other systems.
As phishing actors continue to explore every potential abuse opportunity on legitimate service providers, novel security gaps constantly threaten to expose users to severe risks. It is essential not to rely solely on email protection solutions, and also scrutinize every email that lands on your inbox, look for inconsistencies, and double-check all claims made in those messages.
CSO: With the US Securities and Exchange Commission (SEC) having taken legal action against CISOs at both SolarWinds and Uber, security executives feel the pressure to be absolutely precise when writing up security incidents that the company has decided are material.
Forbes: Most of you have heard a lot in the past month about cybersecurity, hacking attacks and many words that are strange to us, like man in the middle ("MITM") phishing, spoofing, LifeLock, blueprinting, fingerprinting, crypto locker, VPN and so on, in the news and from media ads.
Yahoo Finance: A key reform proposed by the U.S. Securities and Exchange Commission to boost the use of central clearing for U.S. Treasuries could leave the market more exposed to cybersecurity risks, Barclays said, referring to the cyber hack of Industrial and Commercial Bank of China's U.S. broker-dealer.
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