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European Commission proposes reinforcement of EU Cybersecurity rules

DLA Piper Privacy Matters

On 16 December 2020, the European Commission adopted a proposal for a Directive on measures for a high common level of cybersecurity across the Union (“NIS II Directive”) that revises the current Directive on Security of Network and Information Systems (“NIS Directive”). Cybersecurity risk management and reporting obligations.

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New RA Group ransomware gang is the latest group using leaked Babuk source code

Security Affairs

Compromised organizations operate in different business verticals, including manufacturing, wealth management, insurance providers, and pharmaceuticals. The researchers noticed that the path contains the same mutex name as the Babuk ransomware, a circumstance that suggests the malware borrows Babuk’s leaked source code.

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New financially motivated attacks in Western Europe traced to Russian-speaking threat actors

Security Affairs

Group-IB , a Singapore-based cybersecurity company that specializes in preventing cyberattacks , has detected successful attacks in Western Europe carried out in late January 2020 traced to Russian-speaking threat actors. At least two companies operating in pharmaceutical and manufacturing sectors have been affected.

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EU: NIS2 enters into force

DLA Piper Privacy Matters

On 16 January 2023, the Directive on measures for a high common level of cybersecurity across the Union (“ NIS2 ”) entered into force. In addition, NIS2 includes a list of security measures that entities must, as a minimum, implement. To that end, management will need to follow specific and regular cybersecurity trainings.

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Security in a World of Physically Capable Computers

Schneier on Security

Security is not a problem the market will solve. The primary reason computers are insecure is that most buyers aren't willing to pay -- in money, features, or time to market -- for security to be built into the products and services they want. As the threats increase, our longstanding assumptions about security no longer work.

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List of data breaches and cyber attacks in August 2020 – 36.6 million records breached

IT Governance

There were a massive 99 data breaches and cyber attacks in August, making it the third-biggest monthly total of the year by number of security incidents. The true figure, as always, will be higher than this – in part because organisations rarely disclose how many records were involved in security incidents. Cyber attacks. Ransomware.

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China-linked hackers target government agencies by exploiting flaws in Citrix, Pulse, and F5 systems, and MS Exchange

Security Affairs

CISA published a security advisory warning of a wave of attacks carried out by China-linked APT groups affiliated with China’s Ministry of State Security. ” reads the security advisory. Citrix blog post: security updates for Citrix SD-WAN WANOP release 10.2.6 Government agencies.”