The Monetary Authority of Singapore has announced a grant program to fund up to 50 percent of the cost of certain cybersecurity projects for financial institutions. The goal is to help these institutions establish global or regional cybersecurity centers of excellence.
The healthcare sector is making progress in moving from a reactive to a proactive approach to cybersecurity as it learns lessons from other sectors, including financial services, says Greg Garcia, executive director for cybersecurity at the Healthcare and Public Health Sector Coordinating Council.
To combat cyberattacks, more nations must not only hold nation-state attackers accountable, but also better cooperate by backing each other's attribution, said Estonian politician Marina Kaljurand, who chairs the Global Commission on the Stability of Cyberspace, in her opening keynote speech at Black Hat Europe 2018.
Common data security mistakes made by many organizations including having a static security plan that doesn't evolve, focusing solely on compliance and not testing incident response plans, says Monique Kunkel of NTT Data Services.
A severe vulnerability in Kubernetes, the popular open-source software for managing Linux applications deployed within containers, could allow an attacker to remotely steal data or crash production applications. Microsoft and Red Hat have issued guidance and patches; they recommend immediate updating.
A failure to patch systems and slipups that lead to insider threats are two major causes of breaches in the healthcare sector that need to be urgently addressed, says Anahi Santiago of Christiana Care Health System.
Blockchain, ID and access management, OT security and boards' roles in cybersecurity were among the hottest topics topics discussed at Information Security Media Group's Security Summit in Mumbai on Nov. 29.
Next to corporate communications that claim that "your security is important to us," any website post titled "security update" portends bad news. So too for question-and-answer site Quora, which says a hack exposed 100 million users' personal details, including hashed passwords and private content.
The Black Hat Europe information security conference returns to London, featuring 40 research-rich sessions covering diverse topics, including politically motivated cyberattacks, recovering passwords from keyboards thanks to thermal emanations, hacking Microsoft Edge and detecting "deep fakes."
Marriott's mega-breach underscores the challenges companies face in securing systems that come from acquisitions as well as simply storing too much consumer data for too long, computer security experts say. Meanwhile, the hotel giant has yet to answer many pressing data breach questions.
A formal security program that spells out precise governance components is critical to protecting sensitive data, says Vito Sardanopoli, who served on the U.S. Department of Health and Human Services Healthcare Industry Cybersecurity Task Force.
Will Marriott be the first organization that lost control of Europeans' personal data to feel the full force of the EU's General Protection Regulation? With GDPR in full effect since May, organizations with data security practices face the potential of massive fines.