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FDIC, FRB and OCC Issue Interagency Guidance on Third-Party Relationships

Hunton Privacy

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64
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NIST Releases Final Cybersecurity Framework

Hunton Privacy

On February 12, 2014, the National Institute of Standards and Technology (“NIST”) issued the final Cybersecurity Framework , as required under Section 7 of the Obama Administration’s February 2013 executive order, Improving Critical Infrastructure Cybersecurity (the “Executive Order”).

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DOJ Announces Multinational Efforts to Disrupt Gameover Zeus Botnet

Hunton Privacy

Security researchers estimate that approximately 25% of the 500,000 to one million computers infected worldwide are located in the United States. Cryptolocker, which first appeared in 2013, encrypts the computer files of its victims and forces victims to pay a ransom to unlock the files. Read the FTC’s Consumer Information blog post.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C. Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. Organisation(s) Sector Location Data breached?

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Information security is not yet a science; outside of the handful of issues falling under the field of cryptography, there is no formalized system of classification. The most prepared cybersecurity programs of today will not attempt to implement a static, “out-of-the-box” solution to cyber risk. Principle 2. Principle 3.

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

iSharing is used by more than 35 million users. The company has fixed the issue, blaming it on a vulnerability in the app’s groups feature. Data breached: >35 million people’s data. 117 of them are known to have had data exfiltrated, exposed or otherwise breached. Source 1 ; source 2 (Update) Finance USA Yes 498,686 J.P.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.