China poses a serious and immediate cybersecurity threat to the federal supply chain in part because of connections Chinese state-owned enterprises (SOEs) have to key tech companies working in the government sector, a report recently issued by the U.S. China Commission has found.
In light of increased and more sophisticated threats in the cybersecurity landscape, tech giants have vowed to get more serious about protecting their customers by working together through a new Cybersecurity Tech Accord. Thirty-four companies—including Microsoft, Oracle, HP, Facebook, Cisco, Nokia TrendMicro and others—have signed on to the accord, which was unveiled Tuesday at the RSA Conference taking place in San Francisco this week. Those signing on said it’s the largest-ever group to agree to band together in the fight against malicious attacks from cybercriminals and nation-states. Speaking at the conference at the unveiling of the accord, Microsoft’s President and Chief Legal Officer Brad Smith told attendees that the recent WannaCry and NotPetya malware attacks were a sign that cybersecurity events were taking a turn for the worse. “We need to get the governments of the world to stop targeting tech companies, stop targeting the electrical grid, the private sector, hospitals,” […]
Researchers have found a vulnerability in emergency-alert systems provided by ATI Systems that could put millions at risk by allowing hackers to sound false alarms or otherwise mislead the public in regards to warning of natural and man-made disasters in the United States.
In this week’s podcast, Episode #90: has the WannaCry ransomware returned from the dead? We talk with an expert from Juniper Networks about what might be behind the outbreak at Boeing. Also: Underwriters Lab and Johnson Controls join us on the podcast to talk about a recent milestone: UL’s award of the first ever Level 3 certificate for cyber security. And we speak with one of the organizers of one of an election security table top exercise last week at Harvard’s Kennedy School.
In this industry perspective, Thomas Hofmann, the Vice President of Intelligence at the firm Flashpoint* warns that the effects of data breaches can often be felt months or years after the actual incident, as stolen data bubbles up in underground marketplaces. He has three pieces of advice for companies that want to develop an incident response plan that mitigates the damage of breaches in the short term and over the long term.
