BankInfoSecurity.com reported that “Extended Detection and Response vendors face “an existential crisis” as the endpoint becomes less important now that businesses are typically storing their data in the cloud rather than on the endpoint. This has forced EDR providers to build out full-fledged EDR platforms that incorporate different telemetry sources…
Continue Reading Extended Detection and Response (EDR or XDR) is Critical to Protect Cloud Data!
Darkreading.com reported that “When President Biden signed the omnibus spending bill Tuesday, he also put the bipartisan Cyber Incident Reporting Act into effect, which requires critical infrastructure companies in the 16 industry sectors identified by the federal government to report to the Cybersecurity and Infrastructure Security Agency (CISA) within 72…
Continue Reading CISOs Have Greater Responsibilities Under the New Cyber Incident Reporting Act!
BusinessInsurance.com reported that “Blockchain project Ronin said Tuesday that hackers stole cryptocurrency now worth almost $615 million from its systems, in what would be one of the largest cryptocurrency heists on record.” The March 30, 2022 report entitled “Blockchain project Ronin hit by $615 million crypto heist” included…
BankInfoSecurity.com reported that “The U.S. Federal Communications Commission’s Public Safety and Homeland Security Bureau voted unanimously to ban Kaspersky Lab, China Telecom (Americas) Corp., and China Mobile International USA Inc., stating the companies posed a national security threat. In addition, the bug bounty platform HackerOne suspended Kaspersky’s access to the…
Continue Reading FCC adds Russian and Chinese Companies to High-Risk Cybersecurity Companies!
NIST issued a Request for Information (RFI) “seeking information to assist in evaluating and improving its cybersecurity resources, including the “Framework for Improving Critical Infrastructure Cybersecurity” (the “NIST Cybersecurity Framework,” “CSF” or “Framework”) and a variety of existing and potential standards, guidelines, and other information, including those relating to improving…
Continue Reading NIST Is Seeking Public Advice to Help Cybersecurity for the Supply Chain
The European Investment Bank and the European Commission, provided a report that “shows that Europe needs to address an investment gap of up to €10 billion that is holding back development and deployment of artificial intelligence and blockchain technologies in the EU. It puts forward recommendations how the EU…
Computerworld.com reported that “More than 120,000 cryptoasset donations totaling about $63.8 million have been funneled to Ukraine since the start of the Russian invasion, according to according to Elliptic, a blockchain analysis company.” The March 16, 2022 report entitled “How cryptocurrency is being used to funnel money to…
Continue Reading No Surprise That Cryptocurrency Is Being Funneled to Ukraine!
BankInfoSecurity.com reported the new US law “will require critical infrastructure owners and operators to report to the Cybersecurity and Infrastructure Security Agency if they experience a substantial cyberattack (report due within 72 hours of the attack) or if they make a ransomware payment (report dues within 24 hours of the…
Continue Reading What took Congress so long to pass a Cyber Incident Reporting Mandate?
BankInfosecurity.com reported about a FBI flash alert, “As of January, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors…” The March 8 2022 report entitled “Ransomware Groups…
Continue Reading Ransomware is a major threat to public utilities!
Decrypt.co reported that “The U.S. Securities and Exchange Commission, which has taken a tough line toward cryptocurrency projects under Chairman Gary Gensler, is probing NFT creators and marketplaces for regulatory violations, according to a Bloomberg Report that cites anonymous sources familiar with the investigation.” The March 2, 2022 article…
