Fri.Mar 04, 2022

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Newly Proposed SEC Cybersecurity Risk Management Rules and Amendments for Registered Investment Advisers and Funds

Data Matters

On February 9, 2022, the U.S. Securities and Exchange Commission (SEC) proposed comprehensive rules for registered advisers and funds. Among other things, these rules will require advisers and funds to implement written policies and procedures designed to address cybersecurity risks, report significant cybersecurity incidents to the SEC within 48 hours using a proposed form, and keep enumerated cybersecurity-related books and records.

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U.S. Security Agencies Release Network Security, Vulnerability Guidance

eSecurity Planet

The U.S. National Security Agency (NSA) released comprehensive network security guidance on March 3, on the same day that the Cybersecurity and Infrastructure Security Agency (CISA) released its longest-ever list of exploited vulnerabilities. With organizations around the world on heightened alert in the wake of Russia’s unprovoked war against Ukraine, government agencies have stepped up efforts too.

Security 130
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Samsung Encryption Flaw

Schneier on Security

Researchers have found a major encryption flaw in 100 million Samsung Galaxy phones. From the abstract: In this work, we expose the cryptographic design and implementation of Android’s Hardware-Backed Keystore in Samsung’s Galaxy S8, S9, S10, S20, and S21 flagship devices. We reversed-engineered and provide a detailed description of the cryptographic design and code structure, and we unveil severe design flaws.

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More Than 70% of SOC Analysts Experiencing Burnout

Dark Reading

Nearly 65% of security operations center (SOC) analysts are likely to change jobs in the next year, survey shows.

Security 137
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Proposed cybersecurity rules for SEC registered advisers and funds

Data Protection Report

On February 9, 2022, the U.S. Securities and Exchange Commission (“SEC”) released a proposal aimed at enhancing cybersecurity risk management programs, including cybersecurity preparedness and response, for registered investment advisers (“advisers”), investment companies and business development companies (“funds”). Overall, the proposal addresses the following rule amendments and additions: Cybersecurity Policies and Procedures.

More Trending

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These are the sources of DDoS attacks against Russia, local NCCC warns

Security Affairs

Russian government released a list containing IP addresses and domains behind DDoS attacks that hit Russian infrastructure after the invasion. While the conflict on the battlefield continues, hacktivists continue to target Russian infrastructure exposed online. The Russian National Coordinating Center for Computer Incidents (NCCC) released a massive list containing 17,576 IP addresses and 166 domains that were involved in a series of DDoS attacks that targeted its infrastructure.

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DORA's Global Reach and Why Enterprises Need to Prepare

Dark Reading

The new EU regulation is a response to the rise of ransomware attacks and other new cyberthreats that have proliferated in the wake of the global pandemic.

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Empowering a Multigenerational Workforce

Rocket Software

For the first time, we currently have five generations in the workplace. While there are variations on values and approaches to work within each generation, research has shown that people in each have taken on characteristics as a whole. The Silent Generation (born 1925 to 1945) still make up about 3% of the workforce and are known for their strong work ethic and formal nature in the workplace.

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CISA adds 95 flaws to the Known Exploited Vulnerabilities Catalog

Security Affairs

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) added 95 vulnerabilities to its Known Exploited Vulnerabilities Catalog. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added 95 vulnerabilities to its Known Exploited Vulnerabilities Catalog. According to Binding Operational Directive (BOD) 22-01: Reducing the Significant Risk of Known Exploited Vulnerabilities , FCEB agencies have to address the identified vulnerabilities by the due date to protect their ne

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How and Why Should You Be Tracking Geopolitical Risk?

Geopolitical risk is now at the top of the agenda for CEOs. But tracking it can be difficult. The world is more interconnected than ever, whether in terms of economics and supply chains or technology and communication. Geopolitically, however, it is becoming increasingly fragmented – threatening the operations, financial well-being, and security of globally connected companies.

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Most Cybersecurity Vendors at Risk Due to Internet-Exposed IT Assets

Dark Reading

Study shows more than 97% have exposed assets on AWS — among a wide range of other issues.

Risk 101
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Russian watchdog Roskomnadzor also blocked Facebook in Russia

Security Affairs

State communications watchdog Roskomnadzor has ordered to block access to Facebook in Russia amid the ongoing invasion of Ukraine. State communications watchdog Roskomnadzor ordered to block access to Facebook over its decision to ban Russian media and state information resources. The block comes after Facebook recently deactivated or restricted access to accounts belonging to media outlets and news agencies spreading Russian propaganda, including RIA Novosti, Sputnik, and Russia Today.

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After a Busy December, Attacks on Log4j Vulnerability Dropped

Dark Reading

While attackers and researchers shift their attention to the next new vulnerability, security teams make sure they finish patching vulnerable Log4j versions in their applications and services.

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Russia-Ukraine, who are the soldiers that crowd cyberspace?

Security Affairs

While Russia is invading Ukraine, multiple forces are joining in the conflict, especially in the cyber space, let’s analyze them. The analysis of the current scenario in cyberspace is not easy due to the presence of multiple threat actors and the difficulty of attributing the attacks. Security group CyberKnow shared an interesting analysis about the group, their operations and the channels they are using to disclose their operations.

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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LTO-9 Tape Format Projected to Boost Tape Usage via CIOinsight

IG Guru

Check out the article here. The post LTO-9 Tape Format Projected to Boost Tape Usage via CIOinsight appeared first on IG GURU.

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Massive Meris Botnet Embeds Ransomware Notes from REvil

Threatpost

Notes threatening to tank targeted companies' stock price were embedded into the DDoS ransomware attacks as a string_of_text directed to CEOs and webops_geeks in the URL.

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Diversified Search Group Acquires Alta Associates

Dark Reading

The firm continues rapid growth with the addition of industry-recognized experts on cybersecurity, data privacy, and IT risk management talent.

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Free HermeticRansom Ransomware Decryptor Released

Threatpost

Cruddy cryptography means victims whose files have been encrypted by the Ukraine-tormenting ransomware can break the chains without paying extortionists.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Vade Releases 2021 Phishers' Favorites Report

Dark Reading

Vade's annual phishing report reveals a sharp rise in Facebook phishing and growing sophistication in Microsoft phishing attacks.

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Craig Schuler – “I’m really a family guy at heart.”

Synergis Software

March’s spotlight is on Craig Schuler, Solutions Architect for Synergis Software. Craig’s worked at Synergis for six and a half years as accomplice, tactician, and savvy demo master for the sales team.

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PortableConnect for Gimmal Physical

Gimmal

We are pleased to announce the release of the new PortableConnect for Gimmal Physical. With Gimmal Physical’s PortableConnect, wireless scanning of barcodes and RFID tags just got easier. PortableConnect runs on the new TC52 Zebra device, using Android 11. PortableConnect allows clients to collect information about the location of their holdings with a hand-held portable device.

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11 Best Practices for Document Management

Docuware

When you’re thinking about how to implement digital document management for your company — or how to enhance your existing system — focusing on the fundamentals and defining your goals helps ensure success. Get a head start by putting these best practices for document management in place right away.

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How to Migrate From DataStax Enterprise to Instaclustr Managed Apache Cassandra

If you’re considering migrating from DataStax Enterprise (DSE) to open source Apache Cassandra®, our comprehensive guide is tailored for architects, engineers, and IT directors. Whether you’re motivated by cost savings, avoiding vendor lock-in, or embracing the vibrant open-source community, Apache Cassandra offers robust value. Transition seamlessly to Instaclustr Managed Cassandra with our expert insights, ensuring zero downtime during migration.

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Companies Can't Just Train Their Way to More Secure Endpoints

Dark Reading

Criminals will keep stealing end-user credentials despite employee awareness, so organizations need high-tech solutions as well.

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Weekly Update 285

Troy Hunt

With travel now behind me, I'm back to a stable schedule and doing these on time again. Mind you, I came home to some of the wildest weather I've ever seen here, but it was kinda cool to watch and the kids didn't complain getting days off school. Oh - and I also loaded a bunch of new data breaches this week, the Robinhood one from earlier today being particularly noteworthy with more than 5M unique email addresses.

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Reinforcing Rocket’s Commitment to Open Source on the Mainframe with Updated Rocket® Open AppDev for Z

Rocket Software

This week, Rocket unveiled an updated Rocket® Open AppDev for Z solution, which breaks down existing siloes to unify DevOps for all platforms, including the mainframe, in a single pipeline. Open source is the future of software development and production, and with this update, customers are better able to access that future. The enhanced offering gives developers the open software they want with the security and support IBM® Z® customers demand, enabling them to bring applications to market fast

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Friday Squid Blogging: Far Side Cartoon

Schneier on Security

Squid , of course. As usual, you can also use this squid post to talk about the security stories in the news that I haven’t covered. Read my blog posting guidelines here.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Conti Ransomware Group Diaries, Part III: Weaponry

Krebs on Security

Part I of this series examined newly-leaked internal chats from the Conti ransomware group, and how the crime gang dealt with its own internal breaches. Part II explored what it’s like to be an employee of Conti’s sprawling organization. Today’s Part III looks at how Conti abused a panoply of popular commercial security services to undermine the security of their targets, as well as how the team’s leaders strategized for the upper hand in ransom negotiations with victims.

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OpenText Supporting Humanitarian Efforts in Ukraine

OpenText Information Management

We stand with the people of Ukraine. Ukraine is being attacked, an unprovoked war against an independent sovereign nation with a democratically elected government. The attack is both inhumane and unjustified. Like the rest of the world, we are watching the war with horror and condemnation in the strongest possible terms. These acts are war crimes. … The post OpenText Supporting Humanitarian Efforts in Ukraine appeared first on OpenText Blogs.

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Data-driven companies must be able to quickly adapt

Collibra

Adaptive data and analytics governance is the foundation for becoming a data-driven company. The business insights available through the analysis of the data a company already owns are invaluable. While the need is clear, a daunting number of obstacles can often cause organizations to hesitate before beginning that journey. Historically, data governance consisted of many manual processes with rigid rules focused on strict control of data.