Complying with the DoJ's Civil Cyber-Fraud Initiative
Under the Department of Justice’s (DoJ) new Civil Cyber-Fraud Initiative, government contractors will be under enhanced accountability for implementing cybersecurity measures and reporting breaches and incidents. The DoJ’s unveiling of the initiative comes in response to criticism of current department security protocols, which have often wavered across the board and permitted cybersecurity-related fraud through a lack of enforcement.
The Civil Cyber-Fraud Initiative will both focus on standardizing cybersecurity procedures for government contractors to follow and curbing cybersecurity-related fraud where companies fail to report cyber incidents.
Cybersecurity budgets set to increase in the next year
A new survey from Kaspersky finds 85 percent of IT decision makers in North America say their cybersecurity budget will increase anywhere up to 50 percent in the next 12 months.
The survey, carried out in October 2021 and targeting 600 IT decision makers in the US and Canada, finds 28 percent of respondents say their company annually invests anywhere from $25K-$50k in cybersecurity.
What value does Extended Detection and Response (XDR) bring to the cybersecurity market? [Q&A]
As organizations adapt to hybrid working models and modernize business practices, so too must cybersecurity programs.
We talked to Rupesh Chokshi, VP at AT&T Cybersecurity, to discuss key challenges and how XDR is becoming an important framework, helping organizations consolidate and improve security operations across the entire network, from endpoints to the cloud and beyond.
Software developers at biggest risk of cybersecurity breaches
Software development companies are among the most at risk from breaches, according to new research from cybersecurity firm Foxtech.
The research used cyber risk scores, calculated using publicly available information and an analysis of a wide range of cyber security indicators, as an indicator of how high or low the risk of a potential cybersecurity breach is for a company.
International Computer Security Day seeks to raise awareness
It seems like a while since we've had a day dedicated to some aspect of the tech world, so if you're looking for something to celebrate in the lull between Thanksgiving and Christmas you'll be pleased to hear that today is International Computer Security Day.
This is designed to create greater awareness of computer security issues and encourage people to secure the personal information stored on their computers.
Who needs a CISO anyway?
New research from cloud services provider Navisite finds that 45 percent of companies do not employ a Chief Information Security Officer (CISO). However, of this group 58 percent think they should have one.
Only 40 percent of respondents say their cybersecurity strategy was developed by a CISO or member of the security team, with 60 percent relying on other parts of their organization, including IT, executive leadership and compliance.
Healthcare organizations face increased risk
Healthcare organizations and patients are facing greater risk as an increase in connected devices creates an expanded attack surface according to a new report.
The study from asset management and security platform Armis surveyed 2,000 patients and 400 healthcare IT professionals across the US and shows a disconnect between the concerns of the two groups.
Divide between IT and OT teams stops businesses having a unified security strategy
A cultural divide between IT and operational technology (OT) teams is preventing organizations from having a unified strategy to protect both environments.
A report from Dragos and the Ponemon Institute shows only 43 percent of organizations have cybersecurity policies and procedures that are aligned with their ICS and OT security objectives.
How to measure the value of cybersecurity [Q&A]
With high profile cyber attacks and data breaches continuing to make the news, security is at the top of the priority list for businesses.
But how do you know that the resources you put into cybersecurity are providing a good return on the investment? We spoke with Oliver Rochford, security evangelist at Securonix to find out.
Why it's vital to address cybersecurity in the wider context of the business [Q&A]
It's easy to pigeonhole cybersecurity as something for the IT or security team to look after. But a major cyberattack can have a devastating impact on the business as a whole.
It's important, therefore, that security be looked at in the context of the entire enterprise. This also means considering approaches like 'assumed breach' where you accept that sooner or later attackers will succeed in getting into your network.
New cryptography solution aims for 'cyber herd immunity'
Increased reliance on digital systems and remote workforces has drastically increased the attack surface threatening to compromise organizations.
Encrypting information is part of the solution but is still vulnerable if keys fall into the wrong hands. Now though Australian deep tech cybersecurity start-up Tide Foundation has come up with a decentralized solution that offers the promise of 'cyber herd immunity'.
Be part of a cybersecurity world record attempt
It's Cybersecurity Awareness Month and also Serious Security Week. To mark these events, cybersecurity companies KnowBe4 and OneLogin are partnering with Security Serious in a bid to set a brand new Guinness World Record for the most views of a cyber security lesson video on YouTube in 24 hours.
The record attempt will take place starting today, October 14th at 11am EDT, (8am PDT, 4pm BST) and will see KnowBe4 and OneLogin provide a 45-minute training session that will be live-streamed via YouTube.
Industry leaders comment on Cybersecurity Awareness Month
Most things have a day or a week or a month nowadays, and as you're reading a tech news site it probably hasn't escaped your attention that October is Cybersecurity Awareness Month.
But just in case you missed it in all of the Windows 11 excitement, here's a round up of what some leading industry figures have to say on cybersecurity, and why we need to be aware of it.
Cybersecurity 'ripple events' lead to 26x greater losses
A new report by the Cyentia Institute, sponsored by risk management company RiskRecon has analyzed over 800 cyber incidents and their impact on multiple downstream organizations.
It finds that multi-party loss events that impact thousands of downstream organizations, otherwise known as 'ripple events', can result in 26x larger financial losses than traditional single-party incidents.
Why every government should have a cybersecurity minister
The world has witnessed the worst kind of cyberattacks that have threatened our personal privacy, stolen private information, and cost billions in lost business and productivity. The past five years have seen increased cyber attacks from home hackers, and with the pandemic, the risk has only increased alongside remote working. The risk of cyberattacks calls for the necessity of establishing proper safety measures, such as by naming a cybersecurity minister for governments to protect the people and organizations.
The only way to secure the internet is for all governments to take a serious approach to cybersecurity. That means establishing a cybersecurity minister in each government to oversee cybersecurity practices in their own country. This is the only way for governments to be confident that every country is up to date on cybersecurity practices.
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