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- Cyber Security Byte: Saturday, April 27th, 2024
Cyber Security Byte: Saturday, April 27th, 2024
Chrome Flaw Finally Fixed and PayPal's New CISO Picked


It’s finally Saturday! 🏌🏽♂️ As we get closer to summer and temperatures continue to rise, you can count on us to bring you the top cybersecurity 🔓 headlines and insights each weekend!
Our featured article this week covers the Akira ransomware gang, and how several powerful security organizations all over the world 🌎 are teaming up together to take them down.
This week we also break down:
The truly staggering financial cost 💸 that breached companies must burden.
The progress and shortcomings of federal agencies following Biden’s 2021 cybersecurity executive order.
A critical vulnerability discovered and patched in Google Chrome. Run those updates!
PayPal announced their brand new Chief Information Security Officer! 👨🏽💻
Prepare to have your security curiosity piqued by this edition of the Cyber Security Byte! 🚀

FEATURED
Government Agencies Issue New Joint Advisory for Akira Ransomware Group

The Akira ransomware gang has emerged as a formidable and relentless cybercriminal force, leaving a trail of devastation in its wake. A joint advisory from the FBI, CISA, Europol, and the Netherlands’ National Cyber Security Centre claims that this malicious group has successfully targeted more than 250 organizations across North America, Europe, and Australia over the past year alone.
The advisory sheds light on the staggering financial impact of Akira’s activities, with the group amassing a staggering $42 million in ransomware payments from its victims since March of 2023.
By Ryan Uliss, Contributing writer ● Read More…

CYBER BYTES

Companies across all industries are losing millions from operational disruptions, permanent damage to customer relationships, and soaring cyber insurance premiums.

Google has announced an important security update for its Chrome browser, addressing a critical vulnerability identified as CVE-2024-4058, which involves type confusion.

The GAO has found that the vast majority of leadership and oversight requirements from a 2021 cybersecurity executive order have been met, with only a few critical tasks remaining.

CISOs are at the forefront of defending organizations against evolving threats, yet they face the challenge of communicating the value of their security programs to board members.
CISO SPOTLIGHT
PayPal Announces New Chief Information Security Officer

Shaun Khalfan has been appointed as the new Senior Vice President and Chief Information Security Officer (CISO) at PayPal. With over two decades of experience in information security and risk management across various industries, Khalfan is recognized for his expertise and strategic insight in the field.
Khalfan’s academic background includes a strong foundation in information security from the University of Maryland and an MBA from the George Washington University School of Business. Khalfan holds prestigious certifications such as Certified Information Systems Security Professional (CISSP) and Certified Ethical Hacker (CEH), underscoring his skill in defending against cyber threats.
By Ryan Uliss, Contributing Writer ● Read More…
RESOURCE HUB

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