The fallout from the SEC's charges of fraud and internal control failures against SolarWinds and its CISO has implications for the industry. Cordery Compliance attorney Jonathan Armstrong advises security leaders to "take heed and remember that the actions of today can determine your fate tomorrow."
The Australian government is close to introducing standards to shore up the security of the down under country's fast-growing solar market amid reports that Chinese state-sponsored hackers might target internet-connected solar inverters and cause blackouts.
A machine identity management provider led by an ex-Tricentis executive notched a $1.3 billion valuation after getting a minority investment from Sixth Street Group. Keyfactor said the funds will support high market demand for technology that secures devices and simplifies public key infrastructure.
The Clop ransomware operation's recent mass zero-day exploit of Progress Software's MOVEit secure managed file transfer software followed the criminals launching similar attacks against users of Accellion FTA, SolarWinds Serv-U and Fortra GoAnywhere.
As organizations face the constant threat of ransomware attacks, it's essential to understand the nature of this pervasive threat and how organizations can respond effectively, said Angus Clarke, vice president, BSO, Mastercard. The obvious answer is never pay a ransom - most of the time.
CISOs face significant stress on a regular basis in their critical roles to safeguard organizations against the evolving threat landscape. CISOs must build cybersecurity resilience across the enterprise to protect digital assets and operations, advised CISOs Milos Pesic and Don Gibson.
Large enterprises, including government and educational organizations, are being warned to immediately update their WS_FTP Server, built by Progress Software, to fix serious flaws being actively exploited by attackers. Secure file transfer software remains a top target, especially for extortionists.
Increased engagement from boards on digital transformation initiatives around cloud and AI adoption has spurred greater investment in cybersecurity, said Google Cloud CISO Phil Venables. Systems built and designed decades ago have become increasingly difficult to secure, he said.
This week, ISMG editors covered the hot topics at ISMG's London Cybersecurity Summit 2023, including the technical landscape of AI, executive liability, incident response strategies in the face of a global ransomware attack and how to build personal resilience to avoid burnout.
Enterprises are grappling with constantly changing technologies and new stakeholders, making it hard for security teams to achieve both cyber maturity and long-term sustainability. Standardization plays a critical role in cyber resilience, said Sunil Varkey, former CISO of Wipro and Idea Cellular.
Growing reliance on both AI and generative AI is posing new challenges to CISOs. For example, CISOs have limited visibility into how certain large language models were packaged, making it difficult for them to spot security and privacy risks, said Chandan Pani, CISO at LTIMindtree.
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Censys CEO Brad Brooks discusses the stresses a CISO experiences in trying to prevent cyberattacks and in dealing with those that do occur. Topics include breach disclosure and cybersecurity marketing to CISOs.
Multiple nation-state hacking groups have been exploiting known flaws in Zoho ManageEngine software and Fortinet firewalls to steal data, cybersecurity officials warn. A new alert details exploits of each vulnerability by separate groups that targeted the same aeronautical firm.
In the aftermath of mergers and acquisitions among healthcare entities - and the resulting IT integration and cost-cutting moves - gaps in technology and skills and other gaps often put organizations at higher risk for attacks and other security incidents, said Jack Danahy of NuHarbor Security.
The number of major health data breaches is decreasing, but a recent disturbing trend reflects the vulnerability of critical vendors and the tenacity of cybercriminals, say John Delano, a vice president of Christus Health, and Mike Hamilton, CISO and co-founder of security firm Critical Insight.
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