Business, Cloud Computing, Cyber Security, cyber security legislation, Cybersecurity, Defense, Finance, Government, IT Security, Security, Technology

Sony hack could be game changer

The high-profile hack at Sony Pictures has injected new urgency into the years-old push for cybersecurity legislation, with a broad spectrum of lawmakers suddenly vowing to take action in the new Congress.

“It’s basically fair game for everything cyber” after the cyberattack on Sony, said Jessica Herrera-Flanigan, a lobbyist at Monument Policy Group, which represents tech giants like Microsoft.

The recent cyber assault caused Sony to briefly pause the release of a multi-million dollar movie, spurred a White House response and escalated tensions between the U.S. and North Korea, which the FBI has blamed for the attack.

It has also transformed what some viewed as a stale debate on Capitol Hill over cybersecurity issues.

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Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Finance, Government, IT Security, Security, Technology

Exclusive: FBI warns of ‘destructive’ malware in wake of Sony attack

Reuters) – The Federal Bureau of Investigation warned U.S. businesses that hackers have used malicious software to launch a destructive cyberattack in the United States, following a devastating breach last week at Sony Pictures Entertainment.

Cybersecurity experts said the malicious software described in the alert appeared to describe the one that affected Sony, which would mark first major destructive cyber attack waged against a company on U.S. soil. Such attacks have been launched in Asia and the Middle East, but none have been reported in the United States. The FBI report did not say how many companies had been victims of destructive attacks.

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Business, Cyber Security, cyber security legislation, Cybersecurity, Defense, E commerce, Education, Finance, Government, IT Security, Security, Technology

Reading the Tea Leaves on Cybersecurity Regulation

Buckle up, bankers: cybersecurity is about to be regulated. Evidence for this conjecture can be found in recent speeches by New York banking regulator Benjamin Lawsky, who announced in October thepossible imposition of new, strict cybersecurity rules for financial institutions. Banks could be required to appoint chief information security officers and to undergo quarterly tests for information system vulnerabilities under the regime.

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Business, Cloud Computing, Cyber Security, cyber security legislation, Cybersecurity, Defense, E commerce, Finance, Government, IT Security, Security, Technology

Cybersecurity lapses leave government agencies vulnerable to hackers

Even though there have been at least two dozen mass breaches of government computer systems since 2013, many federal agencies continue to have a lax culture and poor security provisions to repel the growing threat from hackers and cyberattacking states such as Russia, Iran and China, internal investigative reports show.

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Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Finance, IT Security, Security, Technology

Cyber-Security is ‘One to Watch’ But Skills Problems Persist

The UK’s cyber-security industry has been marked out by the Institution of Engineering and Technology as one of the top six fastest growing and most exciting sectors today, but faces continued challenges with skills shortages.

The IET’s ‘Ones to Watch’ report explores the six industries the institution believes will drive employment of engineers and technicians in the future.It points to huge opportunities as cyber-security plays an ever greater role in people’s lives over the next decade.

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Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Finance, IT Security, Security, Technology

Cyber security awareness still in its infancy, says Sans Institute

Cyber security awareness is still in its infancy in most organisations despite the quick returns it can deliver, says security training and certification body the Sans Institute.

Although the UK is among the leading countries in this regard in Europe, it still has a long way to go, according to training director for the Sans Securing The Human Program Lance Spitzner.

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Golden Networking's Cyber Security World Conference 2014 New York City
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Finance, Government, IT Security, Technology

How your Company can be the Weakest Link and how the Cybersecurity Framework can Help at Golden Networking’s Cyber Security World Conference 2014 New York City

A chain is only as strong as its weakest link, says Bill Buchanan, The Conversation. Computer security relies on a great number of links, hardware, software and something else altogether: you. The greatest threat to information security is actually people. Why strive to defeat encrypted passwords stored in computers, when those computers’ human users will turn them over willingly?

A huge problem with most types of digital communications, processing and storage is that it’s often very difficult to differentiate between a true communication and one which has been falsified. This stems largely from the internet’s background as an open, insecure system. In emails apparently from legitimate websites, the email address of the sender can be spoofed, that is, replaced with another that is not the sender’s actual address, as some email relay systems allow this.

Corporations are today targeted as never before, with growth in hacking attacks linked to nation states and overseas governments; in fact, sophisticated and sustained campaigns of phishing have succeeded in stealing information from firms and organizations all over the world. Symantec recorded a 62% rise in data breaches from spear phishing in 2013.

In response to the growing cyber threat, the Cybersecurity Framework, which was drafted by the Commerce Department’s National Institute of Standards and Technology (NIST), represents a tipping point in the evolution of cybersecurity, one in which the balance is shifting to proactive risk-management standards. While its application is voluntary, organizations across industries may gain significant benefits by adopting the guidelines.

Golden Networking‘s Cyber Security World Conference 2014 New York City (http://www.CyberSecurityWorldConference.com) will provide a platform for hundreds of senior executives focused on protecting today’s enterprises to learn more about the Cybersecurity Framework and how to apply it to their organization. Topics that Cyber Security World Conference 2014 will discuss include:

  • Cyber Security Megatrends Security Professionals can’t Ignore Today
  • Designing and Managing Effective Information Security Programs
  • Is Biometrics the Key to Personal and Corporate Security?
  • How Hackers Really Operate to Obtain Financial Data
  • Key Considerations about Security in the Internet of Things Age
  • Strengthening the Security of Industry-wide Technology Infrastructure
  • Cyber Security and its Role in the Overall Security of the United States

About Cyber Security World Conference 2014

Cyber security is never again a term to ignore for individuals or corporations. The daily activities of all Americans, the country’s global economic prominence and worldwide security rely on a safe and resilient cyberspace. Unfortunately, the number of cyber-attacks has increased dramatically over the last years, exposing confidential personal and business data, disrupting critical operations, and imposing exorbitantly high costs on the economy overall.

Just recently, J.P. Morgan Chase, America’s largest commercial bank with $2.39 trillion in assets, announced that about 76 million households and 7 million of small-business customers had been affected by a cyber attack in one of the most sweeping known global breaches. The company said the unknown attackers stole customers’ contact information, which included names, email addresses, numbers and addresses, affected an amount equivalent to almost two-thirds of American households.

A brief walk down memory lane of some the biggest recent cyber-attacks now include Adobe Systems, Automated Data Processing, Citigroup, E*Trade Financial, Fidelity Investments, Home Depot, HSBC, Nasdaq OMX, Neiman Marcus, Target and Wal-mart. It is not unlikely to consider that the information of every American has already been compromised in any of these publicly disclosed attacks.

Renowned information security experts and innovative service providers will present at Cyber Security World Conference 2014 their latest thinking to hundreds of senior executives focused on protecting enterprises and governmental agencies.

Cyber Security World Conference 2014 is produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to information@goldennetworking.com.

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