Name one step business owners can take to accurately assess their company's level
of cybersecurity risk and begin to tackle it.
In his role of ACIO / CISO, Andrew oversees the cybersecurity and information assurance programs at DOT, both operationally and strategically, with specific emphasis upon maturation
of the cybersecurity risk management capabilities and program; policy, oversight and compliance activities; protection of DOT information systems; and development of new cybersecurity services and capabilities to assist the agency in responding to new threats.
With Americans increasingly conscious
of cybersecurity risks from both hackers and their own government, that motivation seems likely to spread.
With no shortage
of cybersecurity risks plaguing corporate customers, Synack and its army of super-secret security specialists could find themselves in a growing business for years to come.
For a checklist
of cybersecurity risks to consider at the beginning of an arbitration, see our Practice note, Cybersecurity issues in arbitration: Cybersecurity checklist.
As the first measure, we advocate a documented assessment
of cybersecurity risks at the outset of each arbitration.
Not exact matches
There are statutory obligations to report — in Alberta and, soon, federally — if there's a
cybersecurity incident that presents a real
risk of significant harm to an individual.
Jamison Nesbitt, founder
of Cyber Senate, a community
of global
cybersecurity business leaders, echoed experts» beliefs who said that the IoT is «the main
cybersecurity risk for 2015.»
Hire a small business
cybersecurity specialist to run a
risk assessment within 60 to 90 days
of going live.
«The media has done a great job
of scaring people, hackers have done a good job at hacking and there has been a good amount
of activism to help people understand the
risks,» says Jean Yang, co-founder
of Cybersecurity Factory, an incubator at the Massachusetts Institute
of Technology.
«As hackers devise more advanced and less recognizable threats, organizations that continue to settle for
cybersecurity strategies that rely on a «feeling»
of security are taking even greater
risks in the coming year.»
A
cybersecurity expert says it could take a year to secure the
risk of «high exposures»
of personal information on the federal Obamacare online exchange.
The alert noted that in a recent SEC Office
of Compliance Inspections and Examinations study
of 75 financial firms, 5 percent
of broker - dealers and 26 percent
of advisors and investment funds did not conduct periodic
risk assessments
of critical systems to uncover vulnerabilities, potential business consequences and other
cybersecurity threats.
The country's National Center for Incident Readiness and Strategy for
Cybersecurity (NISC) told users
of the mobile game not to use their real names and warned them about the
risks of heat stroke in the muggy Japanese summer.
The United States government is creating a new agency to monitor
cybersecurity threats, pooling and analyzing information on a spectrum
of diffuse
risks, a senior Obama administration official said on Tuesday.
At least four states have moved to imposed some form
of departmental
cybersecurity rules on businesses, led by New York, which now requires financial companies to certify that they've addressed, among other things, third - party
risks.
They «allege their businesses have been placed at
risk due to the
cybersecurity incident and generally assert various common law claims such as claims for negligence and breach
of contract, as well as, in some cases, statutory claims.»
FireEye CEO Kevin Mandia speaks about North Korean
cybersecurity operations growing in scale and the new «rules
of engagement» for cyber
risks from those groups and those from places like Russia and Iran.
You have to change your attitude as a business owner from one
of [proactive]
cybersecurity to one
of risk management,» he says.
A senior Obama official says the new agency will monitor
cybersecurity threats, pooling and analyzing information on a spectrum
of diffuse
risks.
Despite the excitement around all things crypto, the proliferation
of cryptocurrency ventures is generating new
cybersecurity risks.
Suffice it to say that as I think about the kinds
of risks that might cause the next crisis,
cybersecurity is the one that worries me the most.
secureHIM provides
cybersecurity training for clients on topics such as data privacy and how to minimize the
risk of data breaches.
Yet bitcoin presents a new set
of risks to investors given its limited adoption, a number
of massive
cybersecurity breaches affecting bitcoin owners and the lack
of consistent treatment
of the assets by governments.
I'm sure I don't have to explain too much why this keeps me awake at night, but suffice it to say that as I think about the kinds
of risks that might cause the next crisis,
cybersecurity is the one that worries me the most.
The GAO report explained that DLT is «in the early stages
of development,» and noted that the Fed and the CFTC have cautioned that there are potential «
cybersecurity and operational
risks.»
One way blockchain reduces conventional
cybersecurity risk is by simply removing the need for human intermediaries — thus lessening the threat
of hacking, corruption, or human error.
In addition, 59 %
of oil & gas
cybersecurity managers believe there is greater
risk in OT than IT environments.
These changes will be another vital step in addressing
cybersecurity gaps that are
risks at all levels and in all departments
of a bank's infrastructure.
The Micro Focus State
of Security Operations Report provides deep analysis on the effectiveness
of organizations» SOCs and best practices for mitigating
risk in the evolving
cybersecurity landscape.
Another crucial factor that senior banking executives need to take on board is understanding that
cybersecurity risks stem from a wide range
of external sources.
As highlighted by the US government's own
Cybersecurity Co-ordinator and Office
of Science and Technology, the laws would reduce freedom
of expression, increase cyber security
risk and undermine the dynamic, global internet.
It is not yet clear what should be the role
of different stakeholders in managing
cybersecurity and what are the challenges and opportunities to integrate existing and new strategies.Whether we focus on education, prevention,
risk management, deterrence, or treat
cybersecurity as a public good, is still up for debate.
The nationwide shortage
of cybersecurity professionals — particularly for positions within the federal government — creates
risks for national and homeland security, according to a new study from the RAND Corporation.
«Shortage
of cybersecurity professionals poses
risk to U.S. national security.»
In an age where
cybersecurity is
of foremost interest for governments and businesses, public and private organizations must deploy
risk - intelligence governance to secure their digital communications and resources from eavesdropping, theft or attack, according to a new paper from Rice University's Baker Institute for Public Policy.
But this does bring with it a lot
of questions
of cybersecurity, so know the
risks before you upload sensitive documents.
The report, «
Cybersecurity in Renewable Energy Infrastructure», says a successful cyber-attack can damage a project's physical assets through forced maloperation
of components, impact finances by disrupting generation, and create energy security
risks in the event
of a large - scale grid blackout.
To reduce the
risks a company faces will require a comprehensive
cybersecurity strategy and meaningful training
of employees.
Therefore, Andre speaks on the first course
of action any company should take when faced with a cyber
risk and if GDPR addresses all issues
cybersecurity presents.
As use
of outside providers through models such as cloud computing expose PII to third parties, it calls for robust contractual terms, which is a tangible area where in - house counsel can flex their muscle around
cybersecurity and mitigate
risk, says Kroman, as well as advise on the necessity for cyber insurance, which is growing in popularity.
The United States Securities and Exchange Commission (SEC) recently published updated interpretative guidance concerning the duty
of covered public companies to disclose certain material
cybersecurity risks and incidents when filing with the SEC.
«[T] he Commission believes that it is critical that public companies take all required actions to inform investors about material
cybersecurity risks and incidents in a timely fashion,» the report states, «including those companies that are subject to material
cybersecurity risks but may not yet have been the target
of a cyber-attack.»
Beyond urging companies to create policies to better manage
cybersecurity risks and disclose breaches, the guidance also called for rules to prevent company insiders from trading stock before the public is informed
of a cyber incident.
However, even those firms that don't have in - house IT staff may find value in staying up - to - date on the state
of cybersecurity and
risk mitigation.
The topics addressed at ILTACON cover a wide range
of technology including, but not limited to, the following: Information Governance; eDiscovery;
Cybersecurity;
Risk Management; Knowledge Management; Data Analytics; Machine Learning / Artificial Intelligence; Information Technology; Emerging Technologies; Legal Writing; and Preparing for the Future.
Justin is a member
of KYL's Compliance, Operations and Data Control Advisory (CODA) division and, within the firm's
Cybersecurity and Privacy practice, Justin actively manages external strategic partnerships and coordinates data protection impact assessments, privacy impact assessments, third - party vendor
risk management initiatives and development
of policy, procedure, and training.
Cybersecurity, data protection and privacy are some
of the most important legal
risks for Canadian business in 2018.
10:45 - 11:15 a.m. —
Cybersecurity & Data Protection: It's Not Just an IT Problem Anymore (If It Ever Was) A summary
of the compliance, regulatory and
risk management dimensions
of securely and effectively using, storing and sharing protected or sensitive information in the digital environment.
A big area
of risk in OS use is one
of cybersecurity.