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Unisys, for instance, was found to have framed cyber risks hypothetically even though its systems had already been breached, exfiltrating gigabytes of data. But the SEC’s latest actions underscore that failing to inform stakeholders about material risks and breaches is not an option.
Cybersecurity governance has undergone a dramatic transformation over the past few decades. From its early days, where security was an afterthought to business operations, to the present, where it has become a board-level discussion, governance has had to adapt to an ever-evolving digital landscape.
A leading cyber lawyer in Australia has warned CISOs and other IT leaders their organisations and careers could be at stake if they do not understand data risk and data governance practices.
This shift is expected to place significant pressure on organizations that haven’t yet developed trusted data to manage risk effectively. To mitigate risks, businesses will invest in modern, privacy-enhancing technologies (PETs), such as trusted execution environments (TEEs) and fully homomorphic encryption (FHE).
CISOs can sometimes be their own worst enemy, especially when it comes to communicating with the board of directors. She serves on the board of several technology companies and also happens to be steeped in cyber riskgovernance. LW: Why do so many CISOs still not get it that FUD and doom-and-gloom don’t work?
National insurance firm Crum and Forster is offering a professional liability program for CISOs who are facing growing regulatory pressures and sophisticate cyberattacks but often are not covered by their organizations' D&O policies. The post Insurance Firm Introduces Liability Coverage for CISOs appeared first on Security Boulevard.
Madhu Shashanka , Chief Data Scientist, Concentric AI Generative AI in 2025 will bring transformative opportunities but heightened cybersecurity risks, including data exposure, AI misuse, and novel threats like prompt injection attacks. Enterprises must secure AI agents, adopt proactive data governance, and deploy AI-based security platforms.
The role of a Chief Information Security Officer (CISO) is undeniably complex, yet incredibly rewarding. However, the challenges faced by CISOs are mounting, exacerbated by the evolving threat landscape and regulatory environment. These incidents underscore the critical importance of effective governance in cybersecurity programs.
The Chief Information Security Officer (CISO) is the organization’s senior executive in charge of the cybersecurity and the information technology risk management posture of the enterprise. federal government in particular, the CISO reports to the Chief Information Officer (CIO). In many organizations, and in the U.S.
Chief Information Security Officer (CISO) Luis Gonsalves, Head of Security for Portugal’s central bank, and founder of the Cloud Security Alliance’s Portugal Chapter, says Certified Cloud Security Professional (CCSP) stands out from other technical certifications. That’s the real differentiator ,” he says. Read the Full Article.
Related: The dangers of normalizing encryption for government use. It’s possible to de-risk work scenarios involving personal data by carrying out a classic risk assessment of an organization’s internal and external infrastructure. This de-risks personal data that does not fit in a separate security contour. Encryption.
Some CISOs, at first, were reserved and said, ‘We’re not moving to the cloud.’ Nasser: It’s one of two things, when the legal department comes in, or the government comes in, and there’s a conversation around regulation and privacy. So if you’re a Microsoft shop, you’re on an Office 365 and a Windows 10 migration path.
In this post, we look at the enforcement actions the SEC has taken and what public company CISOs should do to stay in compliance. As part of their fiduciary duties, boards play a key role in the oversight of risks from cybersecurity threats. This pushed C-level executives and boards to adopt measures for compliance and transparency.
government. This means that thousands of government contractors will soon be required to implement structured processes for identifying, reporting, and mitigating vulnerabilities, aligning them with U.S. government and among the many contractors and vendors that support federal agencies."
The role of the CISO has evolved, and so have the responsibilities. Some believe a CISO must have technical knowledge and experience as a cybersecurity professional, others think leadership skills such as being able to communicate with boards are what matters most. To read this article in full, please click here
But as a CISO or cyber risk owner, it’s not just about locking down sensitive informationits about doing it without slowing down your people. It encompasses everything from ensuring the confidentiality and integrity of information to reducing risks, maintaining compliance, and building trust with customers.
This rapid transformation creates a challenge for boards tasked with balancing emerging risks and strategic opportunities. In a presentation titled Digital governance for boards and senior executives: AI, cybersecurity, and privacy , she called on her extensive experience advising boards on these areas.
As the majority of the global Covid fog finally started lifting in 2022, other events – and their associated risks – started to fill the headspace of C-level execs the world over. In my role, I regularly engage with CISOs in all kinds of sectors, representatives at industry bodies, and experts at analyst houses.
This is why CISOs everywhere should be concerned. Government secrets: Classified information, military secrets, or other sensitive government information that can be used for espionage. CISOs should begin to familiarize themselves with these and evaluate their potential suitability for adoption.
The FBI, CISA, and MS-ISAC have issued a joint cybersecurity advisory warning organizations about Ghost (Cring) ransomware, a sophisticated cyber threat that has been compromising critical infrastructure, businesses, and government entities worldwide. Stolen credentials remain the top breach factor, responsible for 24% of incidents in 2024.
1 We are frogs, falling asleep in security-debt stew Companies are drowning in high-risk software security debt , with critical vulnerabilities festering for an average of 252 days before theyre fixed long enough to turn your tech stack into a hackers swamp. Insight No. The choice is clear: Evolve to ADR or get left behind in the wreckage.
The SEC charged the companies with "materially misleading disclosures regarding cybersecurity risks and intrusions." which received the largest fine of $4 million, inaccurately described its cybersecurity risks as hypothetical in its SEC filings despite being aware of two significant breaches related to SolarWinds. Unisys Corp.,
REvil and BlackMatter are not “shutting down” due to external pressure from the government and law enforcement agencies. After all, a malicious actor only needs a few minutes of time with a privileged account to take over the entire directory, and there are volumes of exploitable identity risks at every organization.
Heath Renfrow, Co-Founder and CISO of Fenix14, urges organizations to go further with a more robust strategy: "We advocate for our 5-4-3-2-1 backup methodology. Encryption and automation reduce the risk of human error and ensure consistency. But in today's threat landscape, that's just the beginning.
And now, you finally got that call, to be a CISO at an organization. Can you balance the needs of the business, versus the risks they face? Before diving into security strategies, CISOs need to invest time in understanding the organization's culture, strategic roadmaps, operational dynamics, industry, and so forth.
One Identity embodies three major features we judges look for with the potential to become winners: understanding tomorrows threats today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach, said Gary S. Ackerman Jr.
CISA adds Veeam Backup and Replication flaw to its Known Exploited Vulnerabilities catalog North Korea-linked APT37 exploited IE zero-day in a recent attack Omni Family Health data breach impacts 468,344 individuals Iran-linked actors target critical infrastructure organizations macOS HM Surf flaw in TCC allows bypass Safari privacy settings Two Sudanese (..)
I’m delighted to announce the latest member of our growing CISO Advisor team, Pam Lindemeon. Pam is an exceptional leader; dedicated to advancing women in the IT industry, and I’m so glad she’s now joined Cisco to work closely with our community of CISOs and offer advice and guidance based on her incredible experience. Pam Lindemeon.
There are a range of distinct roles/missions that hold the CISO title. The post Different Types of CISOs, Diverse Missions appeared first on Security Boulevard. Their ultimate goals are similar, but how they are positioned to do that varies.
Under First American’s documented vulnerability remediation policies, the data leak was classified as a security weakness with a “level 3” severity, which placed it in the “medium risk” category and required remediation within 45 days. “The [employee] did not request a waiver or risk acceptance from the CISO.”
and its Chief CISO, Timothy G. government agencies and Fortune 500 companies. The SEC accused SolarWinds of failing to adequately disclose cybersecurity risks and vulnerabilities, which allegedly misled investors about the company's security posture and internal controls.
The indictment of the SolarWinds CISO by the SEC served as a harsh wake-up call to the corporate world. The post What the Charges Against the SolarWinds CISO Mean for Security in 2024 appeared first on Security Boulevard.
Government says victims include the “critical infrastructure sector.” The post Sisense Hacked: CISA Warns Customers at Risk appeared first on Security Boulevard. A hard-coded credential catastrophe: The analytics firm kept big companies’ secrets in an insecure AWS bucket.
In this blog, we’ll look at the root causes of concern for today's CISO and share some practical strategies to deter cybercriminals. The CISO role can be an unenviable one. Is the cyber deck stacked against today's CISO? If you own the risks, who owns the elimination? ' is usually swift.
Mitigating these risks requires robust security protocols including prompt sanitization, data governance policies, access controls, output filtering, data source vetting, and continuous monitoring, coupled with responsible AI practices such as data curation, model stress-testing, and customer safetytools.
Significant Financial and Operational Costs: Healthcare providers, faced with potential HIPAA fines and the risk of service interruptions, may feel pressured to pay ransom demands. This stolen data is often exposed on both the clear and dark web, heightening risks of identity theft and further perpetuating cybercrime. Louis, Missouri.
On January 11, 2023, presiding United States District Judge William Orrick in San Francisco denied the motion of Joe Sullivan, the former CISO of Uber, for a judgment of acquittal. The post Former Uber CISO Conviction Affirmed by Trial Court appeared first on Security Boulevard.
Organisations invest heavily in governance, risk, and compliance (GRC) and risk management efforts while neglecting foundational elements like leadership and culture. Risk Management Brings Clarity (Belonging and Love Needs) The middle of the hierarchy addresses our need for connection and clarity. The result?
Chief Information Security Officer (CISO) As Chief Information Security Officer, you’ve arrived at the C-Suite. There are only about 7,500 CISOs in the United States, compared to 70,000 chief information officers (CIOs), according to CISO Global. Network giant Cisco Systems Inc. Network giant Cisco Systems Inc.
Regardless of your political views, we must all agree that equipping our government with best cybersecurity talent, technology, and resources is critical to protecting our national interests," said Bruce Jenkins, CISO at Black Duck. In other words, dependence on government services for cybersecurity should always have a backup plan.
A survey of IT security pros by cybersecurity firm BlackFog found that 70% of them said federal cases like that against SolarWinds' CISO hurt their opinion about the position, but some said they expected the boards of directors would take the issues of security more seriously.
As the year 2025 rushes forward, the responsibilities of CISOs are continuing to evolve. We increasingly recognize the importance of not just identifying risks but actively addressing them through direct action and influence. The year will continue to shape the CISO role into an exciting combination of leadership and tech expertise.
For more information please visit [link] About Joseph Steinberg Joseph Steinberg serves as a cybersecurity-focused expert witness, board member, and advisor to businesses and governments around the world. Analysts have calculated that he is among the top three cybersecurity influencers worldwide. patent filings.
Which topics should CEOs, CIOs and CISOs have on their radar when it comes to Identity and Access Management ( IAM ) and cyber security risks in 2022? Automating these processes with the help of Identity Governance and Administration ( IGA ) tools should be a top priority for your IT department. Reduce manual processes.
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