CISA, NSA, FBI and Japan warn of BlackTech, PRC-linked cyber activity

CISA has recently published a Joint Cybersecurity Advisory about malicious activity by People’s Republic of China (PRC)-linked cyber actors known as BlackTech.

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Security leaders discuss implications as Sony investigates recent cyber attack

Here, security leaders discuss their thoughts on the most recent alleged Sony attack and what lessons can be learned.

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Department of Defense overhauls cyber strategy: Experts weigh in

Security leaders discuss recently released unclassified summary of the Department of Defense's classified 2023 Cyber Strategy.

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Creating an impactful culture in remote work environment

Jim Barkdoll, CEO at Axiomatics, discusses what initiatives or strategies organizations can utilize to build or maintain an impactful culture in a remote work environment, and more.

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40% of U.S. security leaders cite malware as threat focus

According to a report from CompTIA, cybersecurity leaders struggle with conflicting challenges and interests when it comes to prioritizing threats.

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CISA releases HBOM framework for supply chain risk management

The CISA released the new Hardware Bill of Materials Framework for Supply Chain Risk Management product from the Information and Communications Technology Supply Chain Risk Management Task Force.

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Report shows cybersecurity budgets increased 6% for 2022-2023 cycle

A new report shows despite economic uncertainty and inflation, security budgets generally continued to rise but at a lower rate than prior years.

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85% of IT anticipate leaving their role due to burnout

According to a report, a majority of IT security leaders say that stress has caused them and others to make errors that led to data breaches.

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40% of organizations have hybrid cloud environments

According to a recent report, 75% of respondents are extremely or very concerned about cloud security and 40% have hybrid cloud environments.

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75% who didn't report cyber attack to leadership, felt guilty about it

Research finds 40% of organizations have experienced a cybersecurity incident, yet 48% didn't disclose those incidents to the appropriate authorities.

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Security leaders weigh in on latest MOVEit data breach

A U.S. educational nonprofit has announced that nearly 900 schools using the organization’s services may have been affected by a recent data breach.

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Report: 79% of organizations confident in ransomware defenses

A recently released ransomware defense report analyzes how security leaders and practitioners view the threat of ransomware and their organizations’ cyber readiness.

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Tim Roemer hired as Chief Security Officer at Global Market Innovators

Tim Roemer has been hired as CSO at Global Market Innovators. Roemer previously served as the Director of the Arizona Department of Homeland Security.

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The transformative impact of cryptocurrency on digital fraud investigations

Cryptocurrency's rise has reshaped the landscape of digital fraud investigations, presenting new challenges and opportunities for enterprise security leaders.

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Risk management legislation introduced to House of Representatives

The National Risk Management Act, designed to strengthen the defense of critical infrastructure, was introduced to the U.S. House of Representatives.

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57% of LockBit victims were organizations with 200 employees or fewer

A Trend Micro Incorporated report found that many ransomware actors are targeting smaller organizations that have 200 or fewer employees.

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97% of organizations take over a month to respond to bot attacks

A recent report by Netacea analyzed the affect of bot attacks and found that the average business loses 4.3%, of online revenues every year to bots.

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CISA holds cybersecurity exercise in preparation for Super Bowl LVIII

CISA, NFL, Allegiant Stadium and Super Bowl LVIII partners held a tabletop exercise this week to enhance cybersecurity response capabilities, plans and procedures.

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Cloud adoption is driving up IT budgets

The impact of cloud adoption on IT teams was analyzed in a report, finding that cloud platforms took up significant portions of IT budgets.

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Ransomware cyber insurance claims rose by 27%

Cyber insurance claims and trends were analyzed in a recent report finding a 12% increase in cyber claims over the first six months of the year.

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57% of small and medium enterprises experienced a cybersecurity breach

Small and medium enterprises were analyzed in a recent report by Guardz. According to the report, 57% of SMEs have experienced a cybersecurity breach.

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Gaming and financial service applications most likely to be attacked

According to a report, 57% of monitored applications are under attack with no correlation between app popularity and likelihood of being attacked.

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Nuance Communications announces data breach affecting healthcare

St. Luke's Health Systems in Boise, Idaho informed patients of a data breach involving Nuance Communications and MOVEit Transfer software.

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Eric Johnson appointed Chief Information Officer at PagerDuty

Eric Johnson has been hired as Chief Information Officer at PagerDuty. Johnson will oversee critical IT infrastructure with two decades of experience.

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FTC charges background check companies for data privacy violations

Two companies are settling Federal Trade Commission charges claiming that they allowed access to background checks without a permissible purpose.

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Security leaders share thoughts on MGM cyberattack

Security leaders have shared their thoughts and responses to the recent MGM breach, highlighting the need for stronger cybersecurity measures.

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CISA announces open source software security roadmap

New roadmap articulates how CISA will enable the secure usage of open source software within the federal government.

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How do security leaders prepare for quantum computing?

Listen to this episode of The Security Podcasts with Greg Wetmore, VP of Software Development at Entrust, as he discusses quantum computing.

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Anna Brackin appointed to Chief Compliance Officer at Regions Bank

Anna Brackin has been appointed to Chief Compliance Officer at Regions Bank. Brackin will oversee the company’s compliance risk management program. 

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Ransomware in top three threats for 65% of organizations

Ransomware and the threat landscape were analyzed in a report finding that nearly 60% of respondent organizations report an impact to regulated data.

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44% of IT leaders describe their organization as secure

A report found that IT leaders believe cybersecurity concerns are negatively impacting their organization’s willingness to invest in innovative tech.

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Healthcare looks to AI to prevent drug diversion

Drug diversion is when a healthcare worker takes prescriptions meant for patients either to use or sell, and hospitals are using AI to prevent it.

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47% report economic unrest as greatest security-impacting hazard

According to a recent global security report, economic unrest is expected to be the greatest security-impacting hazard in the next 12 months.

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Rising fraud is damaging consumer trust

Consumers reveal how rising fraud impacts their trust in organizations.

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CISA and FBI release joint cybersecurity advisory

CISA, the Federal Bureau of Investigation and U.S. Cyber Command’s Cyber National Mission Force (CNMF) released a joint Cybersecurity Advisory (CSA).

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Anjana Harve named EVP, Chief Information Officer at BJ's Wholesale Club

Anjana Harve has been named Executive VP, Chief Information Officer at BJ's Wholesale Club. Harve has worked as CIO in a variety of organizations.

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Security’s Top 5 – August 2023

In this edition of Security’s Top 5 from Security magazine, we showcase the top stories and new developments from across the security industry throughout August.

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60% of organizations faced at least one API related breach

The API threat landscape, including data breaches, sprawl, DDoS attacks and zero trust, was analyzed in a recent report by Traceable AI. 

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CISA announces secure by design pledge with K-12 education tech providers

CISA announces a voluntary pledge for K-12 Education Technology software manufacturers to commit to designing products with greater security built in.

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48% of CISOs claim AI security is their biggest concern

 Despite being in a period of economic slowdown, 56% of CISO survey respondents reported an increase in their cybersecurity budget from 2022.

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26% of hospitality industry cyberattacks included credential access

According to a report, artificial intelligence, contactless technology and third-party exposures all pose risks to the hospitality industry.

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New report analyses ransomware activity for past 6 months

A new report reveals the most headline-grabbing cyber extortion event in the first half of 2023 was the Clop ransomware group.

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94% of organizations don't have full visibility into service accounts

Identity security was analyzed in a report by Silverfort finding the identity attack surface as the most significant gap in cybersecurity resilience.

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Nominations for Top Cybersecurity Leader 2024 are now open

The submission form for Security magazine's Top Cybersecurity Leaders 2024 is now open until November 17, 2023 with awardees named in March 2024.

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Anti-scraping policies and data privacy

Listen to this episode of The Security Podcasts with Oded Anderman, Program Manager in Meta Platform’s Privacy organization, on data scraping.

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71% of organizations are impacted by cybersecurity skills shortage

According to a recent report on security leaders, a career in cybersecurity is becoming more difficult in an increasingly challenging environment.

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65% of organizations prioritize vulnerabilities based on risk

A recent report by Syxsense shows that 78% of respondents report experiencing an increase in vulnerability volume over the past 12 months.

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Amerita and PharMerica announce data breach

Amerity and parent company announced a data breach that exposed personal information after learning of suspicious activity on their computer network.

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Malware top consumer threat from May to July 2023

According to a cybersecurity trends report, malware was the top online consumer threat from May to July 2023, accounting for 58% of all detections.

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CISA report: Russian cyber actors using “Infamous Chisel” malware

CISA recently published a joint report on a malware campaign conducted by Russian cyber actors against the Ukrainian military.

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