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- Cyber Security Byte: Saturday, May 25th, 2024
Cyber Security Byte: Saturday, May 25th, 2024
SEC Imposes Another Penalty & the EPA's Warning to Water Facilities 🌊
Memorial Day weekend is here! 🎉 As we enjoy some sunshine and relaxation this holiday weekend, let’s take a look at the biggest cyber headlines and insights from last week. 🔒
Featured this week is contributing writer Jason Edwards’s article on cybersecurity risks within the manufacturing industry đźŹ. Jason outlines for us some common tactics used by threat actors and provides for his recommendations for keeping these businesses breach free.
Other key stories include:
The EPA’s warning of escalating cyber threats to U.S. water systems 🚿.
The SEC fining ICE $10 million over an undisclosed data breach.
ARPA-H's $50 million pledge for hospital cybersecurity upgrades.
CISA’s appointment of a former White House aide into a senior advisory role.
With so much happening in the cyber world this week, we’re happy to keep you caught up with this edition of the Cyber Security Byte! 🚀
FEATURED
Cybersecurity in the Modern Manufacturing Industry
The modern digital era has ushered in an epoch of transformation for the manufacturing industry. While these advancements promise efficiency and innovation, they bring a swarm of cybersecurity challenges. The convergence of operational technology with information technology in manufacturing environments opens avenues for efficiency but also exposes new vulnerabilities. Addressing these potential risks is not just about installing the latest security software; it requires a holistic approach that intertwines technology, processes, and people.
By Jason Edwards, Contributing writer ● Read More…
CYBER BYTES
Cyberattacks on U.S. water utilities are becoming increasingly frequent and severe, prompting the Environmental Protection Agency (EPA) to issue an urgent enforcement alert.
ARPA-H, an agency established by President Biden in 2022, has announced an investment of $50 million to enhance the cybersecurity infrastructure of hospitals across the US.
The SEC has imposed a $10 million penalty on the Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, for failing to respond to a 2021 cyber intrusion.
Jeff Greene, a seasoned cybersecurity expert and former White House official, is expected to join CISA in a top advisory role beginning in June.
CISO SPOTLIGHT
CISOs as Caretakers
Joe Sullivan, former CISO at Uber, was convicted for failing to disclose a data breach in full to customers and to investigators. While many CISOs opine on the ramifications his conviction will have on the CISO role and the risks to themselves in their careers, many are missing the deficiency in the CISO profession revealed by this case: a lack of standards for the CISO role, a lack of a commonly accepted code of ethics, and a lack of defined responsibilities. Sullivan was denied an acquittal by a federal judge after filing an appeal for his conviction to be overturned.
“Caretaking” when it comes to the role of the CIO, is often contrasted with “builder,” “change agent,” or other terms that indicate a more strategic and proactive approach than merely caring for the organization’s information.
By Allan Alford, Contributing CISO ● Read More…
RESOURCE HUB
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