Cyber Security Byte: Saturday, May 18th, 2024

BreachForums seized by FBI and Microsoft Asked to Testify 🎤

Happy Saturday everybody! ⛅ As we enjoy the weekend, and gear up for the week ahead, let’s look back at all the headlines and insights within the cyber world last week. 🔒

Featured this week is our recap of the 2024 RSA Conference, featuring major AI 🤖 product launches and expert discussions on AI's promising yet concerning cybersecurity implications.

Other key stories include:

  • Congress summoning Microsoft's President over several recent exploits.

  • Google's struggle with Chrome vulnerabilities, requiring 3 patches 🤕 this week.

  • Palo Alto Networks and IBM’s new partnership, shaking up the industry.

  • The FBI's seizure 👮🏽‍♂️ of the BreachForums hacker marketplace.

The TNCR crew thanks you for your continued support as we work to bring you the week’s top stories every Saturday with the Cyber Security Byte! 🚀

FEATURED

Unleashing AI’s Potential: A Recap of the 2024 RSA Conference

The RSA Conference, a premier global cybersecurity event, recently concluded with an impressive turnout of over 41,000 attendees, including 650 speakers across 425 sessions, and 600 exhibitors showcasing cutting-edge security solutions. This year’s conference was dominated by artificial intelligence, with product launches, security concerns, and governance challenges surrounding this powerful yet risky technology.

While AI hogged the limelight, other key themes such as data security and governance also received attention, reflecting the diverse challenges currently facing the industry. This blend of advanced AI applications and critical industry discussions set the stage for a conference that provided a comprehensive look at exciting innovations and the pressing issues that need to be addressed.

By Ryan Uliss, Contributing writer ● Read More…

CYBER BYTES

Google has released a new security update for its Chrome browser, addressing a high-severity zero-day vulnerability, CVE-2024-4947, already being actively exploited.

Palo Alto Networks has announced that it is significantly strengthening its cloud security capabilities through a multi-faceted strategic partnership with IBM.

The notorious BreachForums platform, a well-known marketplace for stolen data and cybercriminal tools, has been seized by federal authorities.

The U.S. House Committee on Homeland Security has scheduled a hearing and has invited Microsoft’s Vice Chair and President, Brad Smith, to testify on May 22.

CISO SPOTLIGHT

The Modern CISO

What is the best background for your organization’s top security leader?

In today’s cybersecurity landscape, it simply doesn’t matter. What matters is how a modern CISO approaches the role and amplifies its uniqueness from other C-suite positions.

In fact, I would offer that the modern CISO is not a technical or even a compliance role, it is a risk management role that requires subject matter expertise in the nature of an organization’s risk and the means required to mitigating. And even more important is the ability to translate risk into the language that every C-suite member understands: money.

By Erik Boemanns, Contributing CISO â—Ź Read More…

RESOURCE HUB

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