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Business Standard: Capital markets regulator Sebi came out with guidelines to strengthen the existing cyber security and cyber resilience framework for stock exchanges and other market infrastructure institutions (MIIs).
CoinDesk: FTX customers continue to be plagued by issues several months after the exchange shut down, blocking millions of users from accessing billions in capital stored on the disgraced exchange.
Security Boulevard: Economic downturns often trigger cost-cutting and layoffs. And while it may appear counterintuitive to advocate for new business investments, the reality is that recessions don’t stop cybercrime and data leaks.
CSO: Laws and standards around cybersecurity are plenty and to make matters worse they often vary within countries.
The Target: The German Federal Bar (BRAK) Association, an umbrella organization overseeing 28 regional bars across Germany and representing about 166,000 lawyers nationally and internationally.
The Take: The organization is still trying to figure out how much information was taken involving communications from people contacting the Brussels office.
The Vector: The hackers encrypted BRAK’s mail server and exfiltrated 160 gigabytes of data.
This breach is a stark reminder of how important authentication controls are in an overall robust cybersecurity posture. 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.
BNN Bloomberg: Business lobbyists are struggling to soften new US Securities and Exchange Commission rules that require publicly traded companies to quickly disclose cybersecurity breaches.
SecurityWeek: Ransomware attacks continue to be highly profitable for cybercrime groups and the recent reports released by various cybersecurity firms show that they are increasing both in terms of volume and sophistication.
CSO: Corporate cybersecurity is becoming a non-negotiable priority. How companies prepare for and defend themselves against cyber intrusions has profound implications for their operations, reputation, and bottom line.
Forbes: As the complexities of cybersecurity evolve daily, it remains essential to grasp some fundamental principles. It can take time to figure out where to start.
CNBC: Arora said the problem isn’t that companies lack cybersecurity vendors. Rather, their security infrastructure may consist of a complicated assortment of vendors, some of which are outdated.
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