For organizations experiencing data breaches, the consequences are considerable, especially for security operations. IBM reports that over 25,000 data records are stolen with the average data breach, and costing the targeted company as much as $8.64M per breach in the United States. And it takes on average a staggering 280 days between identifying and containing a data breach (known as the breach cycle). So why is it so hard to fight this digital war, and why is the breach cycle so long?
Stories about cyberattacks and security breaches are popping up more and more frequently in the news and it seems as though no company is immune to the sophisticated strategies hackers use to obtain high value confidential data. These data hacks result in bad PR, lost customer trust, possible fines, and potentially ruined reputations. Needless to say, it should have you questioning whether or not your data is properly protected, and the answer is — it’s probably not.
Open-source intelligence (OSINT) is having a moment. Just a few years ago, presentations on OSINT began with a quote from one of a few different senior intelligence community officials who reportedly said that somewhere between 80-90% of valuable information comes from public sources. Many presentations today start similarly, but OSINT no longer needs the validation of government greats. Films like Searching and Don’t f**ck with Cats have introduced the discipline to a wider audience, organizations such as Trace Labs host popular OSINT competitions for the common good, and the investigators associated with the website Bellingcat are now media fixtures.
In preparation of opening a new bus depot in Toronto, Metrolinx staged a mock disaster that included included response from several agencies throughout the city, as well as served to test the company's systems in place.
Machines are better at speed and scale than humans. But humans have the edge over machines at thinking outside of the box, using their curiosity and creativity to come up with solutions, and reasoning that machines cannot define or replicate. When it comes to security operations, humans and automation are the duo that’s stronger and more effective in partnership than when they’re apart. Using extended detection and response (XDR) can bring these skills to the forefront of the Security Operations Center (SOC), leaving the repeatable, boring tasks to the machines and allowing for these human traits to shine.
Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., named Keith Butler as Senior Vice President and Chief Security Officer. He is currently senior vice president, global risk management and insurance, chief risk officer and acting chief ethics and compliance officer. The company also named new leaders in the critical areas of corporate security, risk management and ethics and compliance.
Basketball can teach us a lot about managing the cybersecurity of an enterprise: it takes teamwork. This is perhaps most evident as organizations seek to adopt zero trust principles. The zero trust concept is not new, but I hear more organizations discussing it than ever before — driven by a desire for greater security, more flexible access, and accelerated by the shift to remote work due to COVID-19. At its core, zero trust focuses on providing least-privilege access to only those users who need it. Put it this way: don't trust anyone and even when you do, only give them what they need right now. This security philosophy would make Jordan proud, but in that vein, zero trust would not work without another player: identity management (perhaps it’s the Pippen factor!).
In the wake of Schrems II, the EDPB’s much-anticipated recommendations provide extensive guidance on supplementary measures parties can use to legally transfer data out of the EEA in the absence of an adequacy decision.
In a flurry of activity last week, the European Data Protection Board (EDPB) and the European Commission made major announcements affecting cross-border data transfers out of the EEA. First, the EDPB announced the adoption of draft recommendations on measures that supplement cross-border data transfer tools as well as recommendations on the European Essential Guarantees for surveillance measures. The below post will examine the EDPB’s draft recommendations on supplementary measures. The draft new standard contractual clauses will be discussed in a separate post.
Trenton-Mercer Airport (TTN) in New Jersey is conducting a full-scale emergency training exercise that will allow the organization to evaluate its emergency preparedness procedures.