BankInfoSecurity.com reported that “The latest development comes on the heels of a European Commission proposal Wednesday for a single currency, called the Digital Euro, that will be accepted across the EU. The new currency, issued by the European Central Bank, would “work like digital wallet,” the commission said, but members
Continue Reading Are you ready for Digital Wallets in the EU?
Darkreading.com reported these comments from Check Point researchers “The research also highlights the “alarming” role USB drives play in spreading malware quickly and often unbeknown to users — even across air-gapped systems. “These malicious programs possess the ability to self-propagate through USB drives, making them potent carriers of infection
Continue Reading New USB drive malware spreading across the world!
HealthcareInfoSecurity.com reported that “A consumer genetic testing company must ensure the destruction of customer saliva samples and undergo third-party evaluation of its information security program for the next two decades under a proposed consent order with the U.S. Federal Trade Commission.” The June 16, 2023 article entitled “FTC Orders 1Health.io
Continue Reading FTC orders protection of DNA data privacy, what about OCR’s oversight?
GovInfoSecurity.com reported these comments from “Dutch member of the European Parliament Kim van Sparrentak also characterized Altman as attempting to blackmail European regulators” that “If OpenAI can’t comply with basic data governance, transparency, safety and security requirements, then their systems aren’t fit for the European market,…” The May 26, 2023
Continue Reading Where is the EU going with AI Regulation?
BankInfoSecurity.com reported that “Law enforcement and regulatory action over the past year in the United States most likely dissuaded hackers from stealing cryptocurrency, making the amount stolen in the first quarter of the year the lowest compared to each of the four quarters in 2022.” The May 23, 2023 article
Continue Reading Crypto Hacks in 2023 have declined in 2023, but likely to Increase!
GovInfoSecurity.com reported that “Executive liability, where decision-makers face personal liability for making professional decisions, is a topic trending yet again as former Uber CSO Joe Sullivan was recently sentenced to probation and a fine for his role in covering up a data breach that affected tens of millions of Uber
Continue Reading Should CISOs be liable for making business decisions?
Darkreading.com reported that “A recent study shows that 77% of IT professionals believe that shadow IT is becoming a major concern in 2023, with more than 65% saying their SaaS tools aren’t being approved.” The April 21, 2023 article entitled “Shadow IT, SaaS Pose Security Liability for Enterprises” (https://www.darkreading.com/edge-articles/shadow-it-saas-pose-security-liability-for-enterprises
Continue Reading Shadow IT & SaaS remain major security threats!
Darkreading.com reported that “The infamous LockBit ransomware gang has developed a version of their malware for macOS devices — the first ever foray into Apple’s territory by a major ransomware group.” The April 18, 2023 article entitled “Researchers Discover First-Ever Major Ransomware Targeting macOS” (https://www.darkreading.com/remote-workforce/researchers-discover-first-ever-major-ransomware-targeting-macos) included these comments
Continue Reading Watch Out Ransomware Now Targeted at Apple macOS!
Darkreading.com reported that “Extended IoT devices (xIoT) stand as a perennial favorite for cyberattackers seeking to move laterally and establish persistence within enterprise networks. They’ve got everything the bad guys need for a foothold: They’re grossly under secured, they’re present in large numbers (and in sensitive parts of the network)
Continue Reading Watch out of unsecure xIoT (extended IoT devices)!
Darkreading.com reported that “In a survey released last week, 42% of the more than 400 IT and security professionals surveyed — and 71% of those in the United States — maintain that they have been instructed to keep a data breach confidential when they knew the incident should be reported.”
Continue Reading 71% of IT Professionals advised to not report a cyber incident!