Cyber Security Byte: Saturday, September 21st, 2024

💸AT&T’s Multi-Million Dollar Fiasco

Happy Saturday! 👏 CISOs are juggling a lot these days. Along with tighter budgets, they’re facing rising demands for legal accountability 👩🏽‍⚖️ and stricter reporting requirements. While some CISOs are lucky enough to see an increase in resources, challenges like inconsistent metrics and limited data access continue to hinder meaningful progress. ✋🏽

Over at Seattle-Tacoma International Airport, ✈️ the leadership made a bold choice and refused to pay a hacker’s ransom. While the Port of Seattle stands firm, the risk of sensitive data leaks is a shadow that still looms over the decision. 😟

Let’s dive in, shall we? 🏊🏽‍♂️

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FEATURED

The CISO’s Tightrope: Balancing Security, Business, and Legal Risks in 2024

Today’s cyber threats are multiplying at an unprecedented rate, and the role of the Chief Information Security Officer (CISO) has expanded far beyond safeguarding networks.

Cybersecurity leaders at all levels must navigate complex regulatory frameworks, influence business strategy, and consistently demonstrate measurable results to executive leadership.

By Ryan Uliss ● Contributing Writer ● Read More…

CYBER BYTES

The Port of Seattle has firmly rejected the ransom demands of the Rhysida ransomware gang, citing that paying would compromise their core values and misuse taxpayer funds.

Gartner Inc. has released a new forecast predicting significant changes in the cybersecurity landscape by 2027, driven by the rise of generative AI.

In today’s tech-driven world, businesses rely on vast networks of third-party vendors, but this connectivity has also led to the growing threat of supply chain attacks.

TRENDING

Vendor Security Failures Lead to AT&T’s $13M Settlement with FCC

AT&T has agreed to a $13 million settlement with the Federal Communications Commission (FCC) following a data breach in January 2023 that compromised customer information. The breach presumably occurred through a cloud vendor, resulting in the exposing of sensitive customer data dating from 2015 to 2017.

The settlement stems from an FCC investigation into whether AT&T had proper vendor oversight and safeguards to protect the data of its 8.9 million affected wireless customers.

By Ryan Uliss, Contributing Writer ● Read More…

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