Damon W. Silver writes: Among the multitude of unpleasant issues facing a company whose network has been breached is potential liability to customers and employees whose personal information has been compromised. However, recent district court decisions from around the country continue to limit the opportunity of those customers and employees to have their day in…
Category: Commentaries and Analyses
Cleaning Up the Federal Cyber Debacle
If federal agencies wish to provide effective oversight of the private sector, then they should start by looking in the mirror. — Rep. Will Hurd, former CIA officer and former adviser to FusionX Read his full OpEd on WSJ.
Energy execs confident in same-day data breach detection
CBR reports: A new survey has revealed that 61% of energy security professionals believe their organisation could detect a critical system breach within 24 hours. 94% of executives agreed that their organisation is a target for cyber criminals, with 86% of respondents saying that they could detect a breach in less than one week. 49% of respondents…
FBI says crypto ransomware has raked in >$18 million for cybercriminals
Sean Gallagher reports: The FBI’s Internet Crime Complaint Center (IC3) has issued an alert warning businesses and individuals about the continued spread of cryptographic ransomware. This malware encrypts a victim’s files with a key held by criminals on a remote server, and it then extorts money from the victim to recover those files. The biggest threat among…
CYBERSECURITY: Recent Data Breaches Illustrate Need for Strong Controls across Federal Agencies – GAO
CYBERSECURITY: Recent Data Breaches Illustrate Need for Strong Controls across Federal Agencies GAO-15-725T: Published: Jun 24, 2015. Publicly Released: Jun 24, 2015. From the highlights of a newly-released GAO report: GAO has identified a number of challenges federal agencies face in addressing threats to their cybersecurity, including the following: Designing and implementing a risk-based cybersecurity program….
UK: 2015 Information security breaches survey
From PWC: We have been commissioned by the Department for Business, Innovation and Skills (BIS) to survey companies across the UK on cyber security incidents and emerging trends. This survey aimed to provide greater awareness amongst UK business of the risks, insights on how companies are mitigating those risks (or not) and key trends. The…