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The Week in Cyber Security and Data Privacy: 30 October – 5 November 2023

IT Governance

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks.

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Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

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Weakness at the Network Edge: Mandiant Examines 2022’s Zero-Day Exploits

eSecurity Planet

” The three activity sets included a campaign against the Philippine government between March and May 2022; a campaign against telecommunications and business service providers in South Asia in April 2022; and a campaign against organizations in Belarus and Russia in May 2022.

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New Leak Shows Business Side of China’s APT Menace

Krebs on Security

Experts say the leak illustrates how Chinese government agencies increasingly are contracting out foreign espionage campaigns to the nation’s burgeoning and highly competitive cybersecurity industry. In 2021, the Sichuan provincial government named i-SOON as one of “the top 30 information security companies.”

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NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

The proposed changes mark a turn by NYDFS toward more specific, granular and prescriptive requirements notably with respect to governance, risk assessments and asset inventories (detailed below). Governance. NYDFS will release the official proposed changes at a later date, and they will be subject to the usual 60-day comment period.

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Utilities Digital Journey Insights (Part 4): Utilities’ pursuit of new business models accelerates

CGI

Bloomberg NEF data indicates that worldwide, wind and solar can generate a whopping 1TW of electricity, with the second terawatt (expected in 2023) to cost 46% less. Innovation in business models requires collaboration with partners that have complementary capabilities and assets.