US corporate travel management firm Carlson Wagonlit Travel has suffered an intrusion, and it is believed the company paid a $4.5m ransom to get its data back.
Days after US President Donald Trump said he would ban TikTok from operating in the United States, Microsoft has announced it might purchase the popular short-form video app.
Twitter has released additional information on their investigation into the compromise that occurred on July 15, 2020. The attack, says the company, started with a spear phishing attack on a select group of employees that "relied on a significant and concerted attempt to mislead certain employees and exploit human vulnerabilities to gain access to [Twitter's] internal systems."
Congratulations to John "JT" Mendoza, one of our 2019 Most Influential People in Security awardees, who is retiring from federal government service after 22 years. He will be joining CGI as Director of Global Security, primarily responsible for establishing a global insider risk management program.
In recent years, Enterprise Risk Management has become increasingly focused on cybersecurity risks. While this focus on cyber is understandable, the current COVID crisis has demonstrated that the unpredictable nature of cascading risks requires viewing risk through a much wider risk aperture. One way forward to successfully navigate this new risk frontier is the establishment of a Risk Operations Center (ROC). The ROC enables enterprise and technology leaders to have the continuous monitoring they require to proactively mitigate all cyber issues. Additionally, it fully supports the CISO/cybersecurity leader's principal responsibilities identified by the HBR survey.
COVID-19 has completely changed our world from six months ago, as we continue to battle the grave health implications, face extended stay at home orders, and grapple with the insurmountable ramifications on our economy. The pandemic has also forever changed the cyber threat landscape, with our workforce becoming more dispersed, and potentially more vulnerable, than ever as organizations switch out of the confines of their offices and move entire data streams to their laptops and home offices. On top of this, Salesforce has announced it is ending its Data Recovery service on July 31st, which is putting all of the data protection responsibilities, and the dire consequences that comes along with it, on the backs of the customer.
As coronavirus cases surge throughout the country, Randi Weingarten, the president of the American Federation of Teachers, says the union would support "safety strikes" by teachers if safety measures are not met when schools are set to reopen in the fall.
UC San Diego denounced an Instagram account claiming an affiliation with the university that posted "hateful, racist content" on its page, while a similar investigation was underway at the University of San Diego, according to a news report.
To address this current losing war with cyberattackers, the future of cybersecurity requires augmenting the current focus of “indicators of compromise” with “indicators of exposure & warning” in real-time. Where the measure would be to gauge the shift of incident management that would tilt on managing more incidents at warning stages than on compromise stages. It is imperative to build an AI engine to perform this very task as that would be the only way to perform in real-time, scale with the growing nature of cloud as well as to cover the evolving nature to attack scenarios.
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