As the financial services industry moves toward an ever-greater dependence on technology, we must always keep an eye on the future to ensure that any new technological advancement or implementation delivers the same, if not better, benefits and risk management capabilities. One emerging area that has garnered a lot of attention in recent years is Distributed Ledger Technology (DLT). While DLT holds great promise, there is currently no clear path around how to implement the technology in a way that addresses documented and evolving security risks.
The National Cyber Security Centre – a part of GCHQ – has announced that Lindy Cameron will become its new Chief Executive Officer (CEO). Her role will include overseeing the organization’s response to hundreds of cyber incidents each year, improving the cyber resilience of the UK’s critical national infrastructure, identifying the risks and opportunities for the UK in emerging technologies and leading the NCSC’s ongoing response to the coronavirus pandemic.
Joyce Flinn, Vice President and Information Security & Disaster Recovery Officer at First United Bank & Trust, has been appointed to the Cyber Risk Institute Board of Directors.
Colorado Secretary of State Jena Griswold announced the creation of a new Rapid Response Election Security Cyber Unit (RESCU), a highly-trained team of election security experts who will help protect Colorado’s elections from cyber-attacks, foreign interference, and disinformation campaigns.
Druva, Inc. announced the appointment of Andrew Daniels as the company’s new Chief Information Officer (CIO) and Chief Information Security Officer (CISO). Daniels will be responsible for enhancing and scaling out Druva’s security operations, incident response and global IT infrastructure.
With fewer than 100 days left until Election Day, the report reveals US states and local election administrators are still in widely varying stages of cybersecurity readiness, according to a new Area 1 Security study.
The US Senate passed a bipartisan amendment to the FY 2021 National Defense Authorization Act (NDAA) to require the Department of Homeland Security to establish a Cybersecurity State Coordinator position in every state.
Zero Trust model creator John Kindervag puts it like this: “The point of Zero Trust is not to make networks, clouds, or endpoints more trusted; it's to eliminate the concept of trust from digital systems altogether.” He came up with the model in 2010, at a time when many businesses were just beginning to put foundational cybersecurity controls in place and over-relied on the assumed security inside their enterprise-owned network boundaries.
Navy Vice Adm. Nancy A. Norton, the director of Defense Information Systems Agency (DISA) and commander of Joint Force Headquarters-Department of Defense Information Network, outlined the way ahead for a cybersecurity paradigm shift that will help the U.S. military maintain information superiority on the digital battlefield.
A new Rapid7 research found that the security of the internet overall is improving. The number of insecure services such as SMB, Telnet, rsync, and the core email protocols, decreased from the levels seen in 2019. However, vulnerabilities and exposures still plague the modern internet even with the increasing adoption of more secure alternatives to insecure protocols, like Secure Shell (SSH) and DNS-over-TLS (DoT).
